César Alierta

César Alierta ’70
Chairman and CEO, Telefónica, S.A., Spain

Born May 5, 1945, César Alierta holds a degree in law from the University of Zaragoza and earned an MBA at Columbia Business School in 1970.

Mr. Alierta has been chairman and chief executive officer of Telefónica, S.A., since July 2000, and member of the board of directors of China Netcom (CNC) and of Telecom Italia. He also has been a member of the board of O2 since 2006.

Between 1970 and 1985, Mr. Alierta was general manager of the capital markets division at Banco Urquijo in Madrid. Subsequently, he was the chairman and founder of Beta Capital, which in 1991 he combined with his post as chairman of the Spanish Financial Analysts’ Association. He has also been a member of the board of directors and standing committee of the Madrid Stock Exchange. Between 1996 and 2000, he held the post of chairman of Tabacalera, S.A., and subsequently, Altadis, following the company’s merger with the French group Seita. He joined the board of directors of Telefónica on January 29, 1997.

Among his most recent awards, in September 2005 Mr. Alierta received “The Global Spanish Entrepreneur” award from the Spanish-US Chamber of Commerce in recognition of the Telefónica Group’s success in joining the Dow Jones Global Titans 50 index. Telefónica is the first Spanish company and one of the few European ones to belong to this index, which consists of the 50 biggest companies in the world.

In April 2008, Mr. Alierta was appointed chairman of the social board of the UNED (National Distance Education University).