CFI.co Meets the CEO of Inversis Banco: Javier Povedano
Javier Povedano, CEO of Inversis Banco, boasts more than thirty years of experience at top-tier and highly regarded financial services providers. Mr Povedano obtained a double degree in Law and Economics and Business Administration from the prestigious Universidad Pontificia Comillas (ICADE) in Madrid and has held a number of leading positions at Arthur Andersen (currently Deloitte), March Group, and – since 2013 – Inversis Banco.
Mr Povedano started his career at Arthur Andersen in the tax and mercantile advisory division. Here, he managed different projects related to foreign investment, mergers, and corporate restructuring.
In 1998, Mr Povedano became a member of the executive committee of Alba Corporate Finance, part of the Banca March Group, where he was in charge of investment decisions on both listed and unlisted companies. During that time, Mr Povedano sat on the board of administrators of companies such as COBRA (ACS Group), Antevenio – a listed company dedicated to management of Internet advertising space – Airtel Móviles, and Peopletel. The common denominator that unifies these diverse companies is the dedication to develop and market new technologies.
In 2003, Mr Povedano was appointed managing director of March Asset Management, also part of the Banca March Group. During his mandate assets under management were multiplied by a factor 2.5 to reach €1.5bn.
Since 2014, Mr Povedano has been managing director of Inversis. This company was acquired by Banca March Group at the end of the previous year. The group is now its sole shareholder. Banca March Group has entrusted Mr Povedano with running the newly-acquired business which he knows inside out having been its chief financial officer (CFO).
Mr Povedano’s strategy is to make inroads into the institutional markets both in Europe and Latin America, placing special attention on constant innovation in adopting new technological tools and on continuous improvements to further enhance personalised customer services.
Mr Povedano was born in Madrid and is married. A father of three, he is a dedicated family man who loves water sports and is passionate about a job well done.