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Rafael del Pino Calvo-Sotelo

Civil Engineer (Polytechnic University of Madrid, 1981). MBA (Sloan School of Management, MIT, 1986).

Chairman of Ferrovial since 2000 and CEO since 1992. Chairman of Cintra from 1998 to 2009.

Member of the MIT Energy Initiative’s External Advisory Board and the MIT Sloan European Advisory Board. He also is a member of the IESE’s International Advisory Board and the Royal Academy of Engineering of Spain.

He has been Director of Zurich Insurance Group, Banesto and Uralita. Also, he was a member of the MIT Corporation and the Harvard Business School European Advisory Board.

Letter From the Chairman

Ferrovial benefited from the improvement in economic activity during the year due to an enhanced control of the pandemic in most of the markets where we operate. The company ended the year with a net cash position ex-projects of €2,182 million, compared with €1,991 million in 2020, and operating cash flow amounted to €1,116 million, up from €964 million the previous year.

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