Cantabrian finance minister appointed Correos president
A two-term finance minister in the regional government of Cantabria has been named as the new president of Spain’s Post Office, Correos. Angel Agudo San Emeterio, 58, was appointed by the Correos board of directors on Friday to take over the position vacated by Alberto Lafuente Félez, who was appointed president of Spain’s National Energy Commission back in July.
The new president of the Spanish Post Office has a PhD in economics and business from the University of Cantabria, where he was later a professor of marketing and market research.
He completed his doctoral thesis on commercial distribution and logistics in 1991.
A Cantabrian by birth, Agudo’s career has included roles as president of Cantabria’s Institute of Finance and director of Cantabria’s regional development agency.
Politically socialist, he was elected as a regional deputy in Cantabria’s parliament in 1995, to become an economics spokesman and committee chairman before serving as the region’s Minister of Economy and Finance from 2003 until now.
Agudo was proposed as Correos president by Spain’s vice president and finance minister Elena Salgado. He will have to give up his membership of the Spanish Socialist Workers’ Party to take on the position.
As president of Correos, he will take over an organisation with 63,000 employees turning over about EUR 2bn a year, which is facing a postal market that was opened to competition at the start of the year.
Speaking to the Spanish media, Aguda said the management team at Correos was “well established”, and that he aimed to implement its action plan “with more intensity” to evolve in the face of the challenges from the liberalisation of the market.
