Pedro Franco was born in Astorga (León), Spain in 1.976. He received his Ingeniero Industrial Degree from E.T.S.I.I. ICAI, Universidad Pontificia Comillas in 2000. He worked as an analyst at the risk management deparments in Banco Central Hispanoamericano and Endesa Energía (electric retailer) while in his latest two years in college. From 2000 to 2002 he has worked for the consultancy McKinsey & Company several engagements in the fields of strategy and business launching. He is currently a researcher in the Instituto de Investigación Tecnológica where he is depeloping risk management models in the new deregulated power markets.