Juan Carlos Escotet Rodríguez

General Information about Juan Carlos Escotet Rodríguez, Chairman of the Board of Directors of Banesco

The Creation of IESIDE: The First Galician University-Oriented Company

The vice-president of Abanca, Juan Carlos Escotet Rodriguez, Francisco Botas, CEO of the bank, and Miguel Angel Escotet Alvarez, Chief Executive of CSR and Communication of Abanca and president of Afundación, presented in Santiago the Institute of Company’s Higher Intercontinental Education (IESIDE in Spanish), an institution of higher education company oriented which was born with the purpose of complementing the existing university offer in Galicia and enhance cooperation between businesses and universities in the autonomous region.

Juan Carlos Escotet Rodríguez: Abanca and Afundación create IESIDE

Abanca and Afundación create IESIDE

The educational model under which IESIDE will operate has innovation as distinctive characteristic, for which will be equipped with a strong technological base, and internationalization. In order to achieve that, the institution will have a multilingual campus and agreements and exchanges with universities in other countries. With regard to its administrative model, IESIDE will focus on flexibility; it will be geared to excellence and have several periods of study throughout the year to provide facilities to students who work or come from exchange programs.

Juan Carlos Escotet Rodríguez: Afundación


IESIDE will start its activities in September this year with an infrastructure composed of four centers: three for educational use located in Vigo, A Coruña and Pontevedra, and a student residence located in Pontevedra. It will also feature additional support from other bank buildings and from Afundación in different Galician cities. IESIDE will have 14 full-time professors, 52 associate professors, 4 foreign visiting professors and 350 assistant lecturers.

The training catalog of the institution will include:

  • Online and combined classroom academic programs
  • Courses aimed at corporate enterprises.

The offer scheduled for 2016-2017 academic year includes current official degree programs in Business Administration, the University Masters, 6 dual Bachelor degrees in Business Administration / ADE with the Dublin Business School and a total of 26 own master degrees. The orientation will be mostly dual-study courses of practical exercises.

Juan Carlos Escotet Rodríguez: Abanca Received the Excelentia Award for the Culture

The President of Abanca, Javier Etcheverría de la Muela, received this last Wednesday, April 13, the Excelentia Award for the Culture for the project Abanca ReSuena in a ceremony held at the National Auditorium of Music in Madrid and culminated with a concert named ‘Special Beethoven’ played by the Santa Cecilia Classical Orchestra and the 140 voices of the Choral Society Excelentia of Madrid, under the baton of renowned director Kynan Johns.

Abanca has been recognized in the Second Edition of the Excelentia Awards in the category of company committed to culture by the project Abanca ReSuena, which is a joint initiative of the Directorate General of Corporate Social Responsibility of Abanca and the Symphony Orchestra of Galicia (OSG in Spanish) since February 2015.

Juan Carlos Escotet Rodríguez: Abanca and the OSG

Abanca and the OSG

More about the project

The Excelentia Foundation highlighted the support of Abanca resounds project to enable children and young people from different social strata and with disabilities to be integrated into learning to play musical instruments. The initiative was devised by the OSG with the aim of promoting personal growth and development during childhood and youth through group and individual work, favoring the bond between the different sectors of the society. The joint musical practice allows developing social skills to relate and to overcome behavioral problems, while facilitating the development of individual skills.

With this initiative, Abanca’s objective is to respond to a vision of music as a unique tool for encouraging learning in a fun and different way, which also helps to convey fundamental values among children as:

  • dedication,
  • hard work,
  • pursuit of excellence,
  • and artistic improvement.

Excelentia Foundation

Juan Carlos Escotet Rodríguez: Project of Abanca

Project of Abanca

The Excelentia Foundation is a private organization that operates in the field of culture, being leaders in the private promotion of classical music. It was created to help spread the musical and operatic heritage and encourage the creation and representation of the musical arts in all its varieties.

Participatory Budget 2016 Projects in Baruta

Banesco Banco Universal, which policy of corporate social responsibility base is to promote education, health and financial inclusion of Venezuelans, started the call for the eighth edition of the Participatory Budget in the municipality of Baruta, Miranda state. Non-Governmental Organizations and institutions operating in this region may submit their proposals until 29 April. The bank will distribute Bs. 1 million among the projects elected and that are dedicated to meet the needs of education, health and culture in the area.

Juan Carlos Escotet Rodríguez: Banesco with the communities

Banesco with the communities

The executive vice-president of Communications and CSR Department of the bank, Mariela Colmenares, said that the bank believes in dialogue with its stakeholders. Therefore, since 2008, Banesco incorporated into its actions on corporate social responsibility the figure Participatory Budget. This is why, the bank establishes a dialogue with the communities where it is present. It is important to mention that the institution started with the community of Colinas de Bello Monte, in Caracas, which was extended to the entire Municipality of Baruta, and since 2014, the bank has incorporated the Municipality of Maracaibo and Nueva Esparta state.

Colmenares also expressed that the bank’s goal is to develop social projects submitted by organizations in the area and have an impact on education, health care or infrastructure improvement matter. Among the applicants organizations, the team in charge choose which projects will receive the financing.

Juan Carlos Escotet Rodríguez: Participatory Budget in Maracaibo

Participatory Budget in Maracaibo

In eight years, Banesco has contributed with more than 4.9 million bolivars to develope social projects in the Municipality of Baruta, Maracaibo and Nueva Esparta. There are thousands of people, mostly children, adolescents and elderly population, who have benefited throughout all these years. This year, Banesco is providing Bs. 1 million among those selected to execute projects in each region.

Once the proposals are received, they will be reviewed and those which meet the application guidelines will advance to the next stage. The process of selecting projects to be executed will be held on May 12, 2016 in Ciudad Banesco, Caracas.

Juan Carlos Escotet Rodríguez: This opportunity in Baruta

This opportunity in Baruta

Juan Carlos Escotet Rodríguez: 26 Banesco Citizens Graduated Thanks to Banesco

This is the second cohort of graduated Banesco Citizens thanks to an agreement between Banesco Banco Universal and the Simon Bolivar University.

Banesco, financial institution leaded by Juan Carlos Escotet with 100% Venezuelan capital, reported that a group of 26 Banesco citizens graduated from the course “Innovation Management” created and provided by Simon Bolivar University. This opportunity is part of Banesco Banco Universal initiatives to promote innovation in the culture at different levels of the organization.

Juan Carlos Escotet Rodríguez: Innovation Management

Innovation Management

According to Paola Boccia, Executive Director of Banesco, innovation is part of the Corporate Values of Banesco, which means that this opportunity is a commitment to stimulate all those values at all levels. Having a second cohort of graduates in this course is the culmination of an ongoing program that seeks to engage and encourage Banesco team to be opened to change, as this allows the institution to adapt quickly to both customer needs and to the market.

The academic ceremony took place recently at the auditorium of the Chancellor of the USB and was led by Oscar Gonzalez, Dean in charge of the Extension Department, representing authorities of the USB. On behalf of the Board of Directors of Banesco, Paola Boccia, executive director of the bank, attended the event.

Juan Carlos Escotet Rodríguez: Tools and creativity of each one of the participants

Tools and creativity of each one of the participants

Rosaly Rodriguez, Projects’ Manager and participant of the course, talked about the importance of the innovation as one of the organizational values of the bank, and because of this reason, the team must be spokespeople for this model of life, in order to connect with their partners helping them to leave their fears aside and allowing them to develop new things, thinking differently and bringing a great change in their lives.

According to Leonardo Del Valle, Specialist in Innovation and graduated from the course, the course allows all students to improve their research skills and creativity, helping them to find a suitable structure to deploy the innovative talent inside each one of the participants.


Juan Carlos Escotet Rodríguez: Improving their research skills and creativity

Improving their research skills and creativity

Banesco and Its Community Banking Services

The community bank

This is a modality of helping the communities and its people created by Banesco. The community banking is an integrated financial service organization dedicated to meet the needs of customers and satisfy them through relationships based on mutual trust, ease of access and excellence in service quality. Banesco, leaded by Juan Carlos Escotet, and its tem are leaders in the sectors of Person and Commerce, combining tradition and innovation, with the best human talent and advanced technology. The service is committed to generate greater profitability shareholder and well-being of the community.

Juan Carlos Escotet Rodríguez: Micro credits for Venezuelan entrepreneurs

Micro credits for Venezuelan entrepreneurs

More than 272.550 micro credits

Banesco Banco Universal continues to drive, through its Community Banking, talent of Venezuelan entrepreneurs, which is why since 2006, the year of its creation, served an amount of Venezuelan people, who, because of their geographical location or informal economic activities, they have been excluded from traditional banking.

It is noteworthy that the main economic activities carried out by micro-backed Banesco Community Banking have to do with:

·         Public transport passengers,

·         food trade through wineries and supplies,

·         clothing for sale

·         automotive

·         food sale.

Juan Carlos Escotet Rodríguez: Community banking

Community banking

Venezuelan entrepreneurs and their Community Banking services

Entrepreneurs from the most needy areas of the country can request their Work Loan (Préstamos para trabajar in Spanish), thanks to the increasing of the maximum amount of microcredits announced by the bank.

Hector Albarran, vice president of Banesco’s Community Banking, said that the purpose of this increasing number of microcredits is to be adjusted to the reality and needs of customers. Albarran also stressed that small businesses can boost their business.

Thanks to the Work Loan, the customer has an opportunity to grow and develop his/her business. The customer can also attend the Training Program of Microentrepreneurs where they will learn elements of management and marketing, among other skills, to help in their business. Finally, the bank invites interested parties to learn more about this plan and great services.

Juan Carlos Escotet Rodríguez: Micro credits

Micro credits

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