Rosa María Sánchez Yebra Alonso

Independent director.

Born in Ourense. Commercial Technician and State Economist. Doctor of Pharmacy from the University of Santiago de Compostela with an Extraordinary Degree and Doctorate Award. Master in Business Administration (MBA) from the Instituto de Empresa (IE Business School) in Madrid.

Professional background.

IIn 1999, she joined the State Corps of Commercial Technicians and Economists and, since then, her career has been linked to the Ministry of Economy and Finance. First, at the General Directorate of the Treasury and Financial Policy as head of Multilateral Financial Organizations, eventually becoming the General Secretary of said institution years later. Subsequently, she joined the Cabinet of the Minister of Finance as the advisor responsible for the Delegate Commission for Economic Affairs. In 2002, she was appointed Director of the Cabinet of the Secretary of State for Economy, a position she held until 2004. During those years, she was a member of the Board of Directors of numerous public companies and organizations, including ICO, Cesce, Icex, Segipsa, Sepi, and the FNMT. Between 2004 and 2009, she served as Chief Economic and Commercial Counselor at the Embassy of Spain in Romania.

In December 2011, she was appointed Director of the Cabinet of the Minister of Economy and Competitiveness (2011-2014), assuming, among other responsibilities, the coordination of the execution of the ESM financial bailout program for the Spanish financial system, upon whose success the financial stability of the Eurozone depended.

Between 2014 and 2016, she was the General Secretary of the Treasury and Financial Policy, a member of the Board of the Bank of Spain, the CNMV, and the FROB, and Vice-Chair of the FGD. During her tenure, the Treasury carried out the first issuance of Treasury bills with negative interest rates, which was later extended to longer terms, a milestone in the history of the Public Treasury's financing. As Secretary of the Treasury, she was Spain's full member in the influential Economic and Financial Committee (EFC) of the European Union, which prepares the Eurogroup and Ecofin, attending the meetings of these two European Councils as the Minister's Deputy. At an international level, she has also served as Alternate Governor at the EIB and G-20, and as a full member of the Financial Stability Board (FSB).

From 2017 until the end of 2021, she held the position of Vice-Governor for Social Development Strategy at the Council of Europe Development Bank, based in Paris, being the first woman to hold this position in the institution's 60-year history.

In November 2021, she was appointed director of the Board of Directors of ABANCA Corporación Bancaria, S.A.

Other relevant positions: Independent director and chair of the Audit Committee of Pharmamar.