CESCE is the leader of a group of companies offering comprehensive commercial credit management solutions in Europe and Latin America. CESCE is also the Spanish export credit agency (ECA) managing export credit insurance on behalf of the Spanish State.

In 2018 Standard&Poors upgraded CESCE’s long-term rating from BBB+ to A-, with stable outlook.

The rating agency considers that CESCE has a strong business profile based on its solvency capital exceeding AAA and its impressive results.

S&P's conclude that our outlook is stable, expect our competitive position to be satisfactory and predict our capital and income to stay moderately high over the next two years. They also highlighted CESCE’s position in the national credit and sureties market.

Mission

We encourage the steady and long term growth of our customers providing intelligent commercial credit management solutions encompassing the entire business value chain – market prospecting, management and transfer of risk, access to funding – and surety and guarantee solutions to help you tackle new projects and business ventures.

We honour our public obligation as managers of export credit insurance on behalf of the State with technical rigour, professional expertise and in strict compliance with applicable regulations, fully geared to support the internationalisation process of Spanish companies.

Vision

We aim to consolidate our position as the institution providing the best support for companies that sell on credit to other companies by designing innovative solutions, which will always give us a conceptual and technological cutting edge over our competitors. We also aim to become the company of reference in the market for the quality of our services, the opportunities for professional and personal development we offer our employees and our commitment to society.

Values

  • Commitment
  • Trust
  • Respect
  • Integrity
  • Courage

  • Chairman and CEO: Mr. Fernando Salazar Palma
    • Chief Operating Officer - State Account Business Underwriting Director: Ms. Beatriz Reguero Naredo
      • State Account Business: Ms. Beatriz Reguero Naredo
      • Country Risk and Debt Management: Ms. Inés Menéndez de Luarca Bellido
    • Chief Operating Officer Own Account Business: Mr. Luis Antonio Ibáñez Guzmán
      • Technical & Underwriting Director: Mr. Pedro Regata Cuesta
      • Iberia Commercial Management and Marketing: Mr. Alejandro Gandía Alapont
      • Latin America Commercial Management: Mr. Jesús Urdangaray López
    • General Counsel: Ms. Marta Silva de Lapuerta
    • Chief Financial Officer: Ms. Rosa Lis de Miguel
    • Human Resources Director: Mr. Carlos de Benito Álvarez
    • IT and Organisation Director: Mr. Mariano Arnáiz Mateo
    • Enterprise Risk Management: Mr. José Manuel Val López
Chairman
Mr. Fernando Salazar Palma
Chairman and CEO
CESCE
Members
Mr. Álvaro Aresti Aldasoro
Director of Global Customers and IBC of Grupo BBVA
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
​​​​​Ms. María Aparici González
Deputy Director General for Trade Policy with Europe, Asia and Oceania
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Ms. Cristina Serrano Leal
Director General for International Economic Relations
MINISTRY OF FOREIGN AFFAIRS AND COOPERATION
Mr. Mariano Olmeda Sarrión
BANCO SANTANDER, S.A.
Ms. Luisa Camy Gavilanes
Chief State Lawyer in the State Secretariat for Commerce
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Mr. Jaime Ybarra Loring
General Manager of Wholesale Banking
GRUPO SANTANDER
Mr. Francisco Vallejo Vallejo
Chairman
BANCO SABADELL URQUIJO - BANCA PRIVADA
Mr. Joaquín Rizo Fernández
General Secretary and CFO
ESPAÑA, S.A. CIA. NACIONAL DE SEGUROS
Ms. María Pérez Moro
Senior Economic Advisor
MINISTRY OF FINANCE AND CIVIL SERVICE
Mr. Alberto Martinez Benitez
Senior Advisor - Cabinet of the Secretary of State for Commerce
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Mr. Carlos San Basilio Pardo
Director General of the Treasury
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Mr. Jaime Lionel de Orueta Carvallo ​​(Independent Board Member)
Economist
Mr. Enrique Pérez-Hernández y Ruíz Falcó ​​(Independent Board Member)
Chairman
EUROCOFIN
Secretary
Mr. Miguel Pardo González
State Lawyer
General Directorate State Assets
MINISTRY OF FINANCE AND CIVIL SERVICE
Advisor
Mr. Pablo de la Torre Rodríguez
Director Internacional Banking
BANCO POPULAR ESPAÑOL
Remunerations and Recruitment Committee

Chairman
Mr. Mariano Olmeda Sarrión
BANCO SANTANDER, S.A.
Members
Mr. Francisco Vallejo Vallejo
Chairman
BANCO SABADELL URQUIJO – BANCA PRIVADA
Mr. Alberto Martinez Benitez
Senior Advisor - Cabinet of the Secretary of State for Commerce
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVINESS
Secretary
The Secretary of the Committee shall be the Secretary or Deputy Secretary of the Board of Directors

Enterprise Risk Committee

Chairman
Mr. Carlos San Basilio Pardo
Director General of the Treasury
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Members
Mr. Joaquín Rizo Fernández
Secretary General + CFO
ESPAÑA, S.A. CIA. NACIONAL DE SEGUROS
Ms. Luisa Camy Gavilanes
Chief State Lawyer in the State Secretariat for Commerce
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Secretary
The Secretary of the Committee shall be the Secretary or Deputy Secretary of the Board of Directors

Own Account Business Committee

Chairman
Mr. Fernando Salazar Palma
Chairman and CEO
CESCE
Members
Mr. Álvaro Aresti Aldasoro
Director of Global Customers and IBC of BBVA Group
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Ms. María Pérez Moro
Senior Economic Advisor
MINISTRY OF FINANCE AND CIVIL SERVICE
Ms. Cristina Serrano Leal
Director General for International Economic Relations
MINISTRY OF FOREIGN AFFAIRS AND COOPERATION
Mr. Jaime Ybarra Loring
General Manager of Wholesale Banking
SANTANDER GROUP
​​​​Ms. María Aparici González
Deputy Director General for Trade Policy with Europe, Asia and Oceania
MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS
Secretary
The Secretary of the Committee shall be the Secretary or Deputy Secretary of the Board of Directors

Audit and Control Committee

Chairman
Mr. Jaime Lionel de Orueta Carvallo
Economist
Members
Mr. Enrique Pérez-Hernández y Ruíz Falcó
Chairman
EUROCOFIN
Secretary
The Secretary of the Committee shall be the Secretary or Deputy Secretary of the Board of Directors


Media Relations

Our Corporate Communications Manager is at the media’s disposal for the arrangement of interviews with the President or any other senior executive, to provide information, press releases, news about events, etc.

José María Triper
Velázquez, 74
28001 Madrid
Phone: 902 11 10 10, ext. 1626 // 683291880
e-mail: direccionderelacionesinstitucionales@cesce.es


Referring to our insured

The Department of Relations with the Insured is at your disposal to resolve whatever queries and claims you might have in accordance with the terms and conditions set forth in the Regulations for the Protection of the Insured.

Department of Relations with the Insured
Ms. Isabel Torremocha Baranda
Velázquez, 74
28001 Madrid
Tel.: 902 11 10 10
e-mail: relaseg@cesce.es