19 August 2024

Javier Petit Asumendi

Mr. Petit is CEO of Aracnet Partners, an independent company founded by professionals from the investment banking sector.
He began his professional career at Banco de Progreso (Grupo March), with different responsibilities in the areas of Treasury, Capital Markets, Corporate Banking and Marketing. He was appointed General Manager in 1989.
In 1992, he led the merger of Banca Mayorista de Banco de Progreso and Banco Urquijo and continued for a further 4 years as General Manager of Banco Urquijo. During those years, he represented the Bank on the Boards of Media Planning, Urquijo Correduría de Seguros and Torrenova de Inversiones SICAV.
In 1996, he joined Banco Cooperativo Español as General Manager, a position he has held for the last 21 years.
He has been Director of Ausur (Concesionaria de Autopistas), Chairman of Espiga Gestión (Private Equity), Member of the Steering Committee of Unico Banking Group (European Cooperative Central Banks) and Member of the Board of Directors of the Financial Markets Association.
Mr. Petit holds a dual degree in Business Administration and Law from Universidad Pontificia Comillas (ICADE), Madrid, Spain.