José Fernando Figueiredo. 

Chairman/President of AECM, the European Mutual Guarantee Association,
European Union

José Fernando Figueiredo (48) is Chairman/President of AECM since 2007. AECM – European Association of Guarantee Societies, is the European Association of credit guarantee entities, a non - profit organisation, based in Brussels, representing 39 members from 20 countries of the EU as well as Russia, Montenegro and Turkey. Our members have a total portfolio of more than 80 billion € in guarantees, helping around 2,1 million European SME and entrepreneurs getting access to credit financing to develop their investment projects or to support their business activities. He’s co-founder of REGAR – Iberoamerican Network of SME Credit Guarantee Organisations, and Invited Member of the Consulting Council of ALIGA, the Latin American Guarantee Institutions Association.


He is Chairman and Executive President of Norgarante, Lisgarante, Garval and Agrogarante – the four Mutual Guarantee Societies (MGS) in Portugal - with a total share capital of 200 million euro and an outstanding portfolio of 3 billion euro in guarantees (6 billion in credits), managing more than a 100 thousand files. These guarantees helped the more than 60 thousand SME that are shareholders (mutuals) of the MGS to get access to credit financing for above 12 billion euro since foundation.


Also Chairman and Executive President of SPGM – Holding of the Portuguese Mutual Guarantee Scheme that manages the public counterguarantee mechanism (around 950 million euro in own funds), a tool that partially guarantees the guarantees issued by the MGS and deals with the public agencies and the European Investment Fund -EIF, also acting as back-office to all the entities in the Portuguese Guarantee Scheme.


José’s family business is in the wine sector and he also acts regularly as international consultant for several governments and international organisations. He holds a 5 year degree in economics and the frequency of a master in industrial economics. Also was an invited professor at Fernando Pessoa University in Porto.