Rafael Termes i CarrerĂ³ (December 5, 1918 - August 25, 2005) was born in Sitges, Barcelona.
Although he graduated as an Industrial Engineer, he chose a career in finance and banking.
Termes was founder and teacher of the IESE Business School and also a director of IESE's Madrid campus since 1997, position that ceased in June 2000, to become honorary president of the IESE in Madrid.
He was a member of the Royal Academy of Moral and Political Sciences, and of the Academy of Economics and Finance and a member of Opus Dei.