José Gracia Barba, President of EBN Banco, dies

José Gracia Barba, President of EBN Banco, dies


Businessman and President of EBN Banco José Gracia Barba died of natural causes at dawn on November 19, 2022 at the age of 74, according to the financial institution.

A native of Terrasa, Barcelona School of Industrial Engineering (ETSIIB-UPC) Industrial Engineer José Gracia (known as Pitu to his personal and professional friends) has a long career in the financial sector and is currently one of the major shareholders of EBN Banco, the company , which he presided over.

He began his career in engineering work, culminating in the position of Director of Exports for National Aluminum Company (currently Alcoa). He then began his career as an entrepreneur and founded companies such as Eurosigma, Fastibex and Alusigma, among others.

From his positions as director of Bami and later Zabálburu, he has been involved in operations in the Spanish real estate world through takeover bids and counter-offers culminating in the acquisition of Metrovacesa and later Gecina.

Later, José Gracia Barba was director of Banco Pastor and Banco Popular. In 2015, together with his partner Santiago Fernández Valbuena, he acquired 100% of EBN Banco, a finance company previously owned by various savings banks.

During her time at EBN Banco, Gracia Barba transformed a company that until then provided commercial banking services to savings banks into an “independent, solvent and profitable company that, through its digital technology, has distinguished itself as a relevant bank in the corporate banking project and in investment funds “, highlighted by the entity.

EBN Banco Vice President Santiago Fernández Valbuena stated that Pitu Gracia, who had been a personal and professional friend for several decades, was “an exceptional person in every way”. “As a friend, the best of the best, as a partner, a real privilege. In addition to his intelligence and financial knowledge, his stamina and enthusiasm were those of a young man, thanks to which he was so successful in his business career,” he pointed out.

Married and father of four, they have assured the entity that his closest people have always credited him with “a privileged mind and natural intelligence” and “great vital optimism”.

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