Santiago Bañales is Managing Director of Iberdrola Innovation Middle East, Iberdrola’s Smart Grids and Renewable Energy Innovation Centre based in Doha, Qatar. He has 25 years of energy industry experience fulfilling executive roles in R&D, Engineering, Product Development, Management Consulting, M&A and General Management (CTO and CEO). During the development of his career he has experienced a wide breadth of business environments in an international setting, being part of or doing business with state-owned and public companies, partnership firms, private equities and family-owned manufacturing businesses. Additionally, he has held executive and non-executive Board Directorships assignments in several energy industry associations and institutions and has been involved in graduate and executive education for more than 15 years. He holds a Master of Science form the Massachusetts Institute of Technology (Fulbright Fellow), a Dual Engineering Degree from Ecole Centrale Paris and Universidad Politécnica de Madrid and a certification in Corporate Governance (International Directors Program) by INSEAD.