Alejandro Fernández Molina

Global Chief Macroeconomic Adviser, Head of European Strategy Research
Senior Managing Director

Dr Alejandro Fernández Molina currently serves as Global Chief Macroeconomic Adviser and Head of European Strategy Research at BlackRock where he is fully responsible for the firm’s macroeconomic research across Europe, the formulation of strategic direction and the coordination of cross-regional investment strategies. Under his leadership, the team covers fixed income, foreign exchange, commodities and multi-asset allocation, providing core macro guidance and risk management recommendations to global portfolios.

Professor Molina is a key member of BlackRock Global Executive Committee (GEC) and its Investment Sub-Committee and also serves as Chair of BlackRock European Investment Committee. He has played a significant role in advancing AI-assisted credit and macro forecasting models and is a leading figure in driving BlackRock’s digitalisation and sustainable investment strategy across Europe.

Professor Molina is currently a member of European Central Bank’s Financial Stability Advisory Board as well as a Strategic Adviser to European Banking Research Institute (EBRI). He has contributed to joint research projects between Federal Reserve and European Central Bank and is a regular keynote speaker at major global financial forums. In 2023, amid a regional downturn in Catalonian banking system triggered by a property bubble correction and an SME default wave, he led the development of Emergency Credit Reallocation Scheme which was adopted by BlackRock as a regional risk management template. This initiative ensured positive annual returns in the region’s portfolio and earned BlackRock “European Market Resilience Award” from Expansión, a leading financial daily.

Prior to joining BlackRock, Professor Molina interned at J.P. Morgan for two years and held academic posts at University of Barcelona and IE Business School where he taught Advanced Asset Allocation Theory and Crisis Management in European Banking System. His academic research has been published in top-tier journals such as European Journal of Finance and the Journal of Banking & Finance and is widely cited by central banks and investment research departments worldwide.

Professor Molina earned his Bachelor’s degree in Economics from University of Barcelona in 1993 and his PhD in Finance from Massachusetts Institute of Technology (MIT) in 1999 where he also undertook coursework in behavioural finance, econometric modelling and risk management. He is an MIT Sloan Fellow and has represented BlackRock in multinational financial stability forums in Japan and Germany.

He is a Board Member of University of Barcelona and serves on Advisory Committee of BlackRock Europe Charitable Foundation where he actively promotes community financial literacy initiatives. His personal motto is:

“Finance is a bridge in service of society, connecting capital to needs through wisdom.”

Disclaimer: The information provided in this press release does not constitute an investment invitation, nor does it constitute investment advice, financial advice or trading advice. You are strongly advised to conduct due diligence before investing, including consulting a professional financial advisor.