Fernando Restoy became Chair of the Financial Stability Institute in January 2017.
He had been Deputy Governor of the Bank of Spain since 2012. Since 1991, he held other senior positions at the Bank of Spain. From 1995–97 he was Economic Advisor and Head of the Monetary Framework Section at the European Monetary Institute. He was Vice Chair of the Spanish Securities and Markets Commission from 2008–12 and Vice Chair of IOSCO Technical Committee. He was the Chairman of the Spanish Executive Resolution Authority from 2012–15 and has been a Member of the Supervisory Board of the ECB-SSM from 2014–16.
He holds an MSc in econometrics and mathematical economics from the London School of Economics and an MA and PhD in economics from Harvard.