The pharmaceutical cooperative Cofares, a leader in the distribution of medicines in Spain, announced this Tuesday the appointment of Javier Fernández Lasquetty, former Minister of Economy or Health of the Community of Madrid with the PP, as president of one of its subsidiaries.
Specifically, Eduardo Pastor, president of Cofares, has hired Javier Fernández-Lasquetty to chair the Board of Directors of Cofares Diversificación.
“This appointment gives way to the composition of a new structure for this subsidiary of the company that focuses on logistics for the pharmaceutical industry, hospital distribution and logistics, and business development and engineering and logistics projects for national and international clients. international,” explains the group in a statement.
Cofares explains that Lasquetty has “a career spanning more than 35 years” and “has developed an important career assuming positions of great responsibility in the public and private sectors.” At the end of last year, he abandoned his membership in the Madrid Assembly to become a director of Morinvest, Alicia Koplowitz’s investment company. He is also a member of the Advisory Board of Sagardoy Abogados.
“Throughout his career he has assumed important responsibilities in sectors such as Health, Education and Immigration; and he has extensive experience in corporate governance bodies,” indicates Cofares.
“Cofares is, for all pharmacists in Spain, synonymous with a technologically cutting-edge and extremely fast and effective service. I am very happy that Eduardo Pastor has invited me to contribute value to grow the company in areas such as logistics for laboratories and hospitals. The pharmacy sector in Spain is increasingly important and Cofares occupies a central place in connecting innovation with patients through pharmacies,” Fernández-Lasquetty stated in that statement.
The former popular politician was considered the ultraliberal economic ideologue of the current president of the Community of Madrid, Isabel Díaz Ayuso, although in June of last year it was confirmed that he would not repeat in the regional government to dedicate himself to the private sector. Lasquetty already resigned in 2014 as Health Minister of Esperanza Aguirre after trying to privatize the health management of the Community of Madrid.
Cofares has also incorporated Lourdes Fraguas Gadea, State lawyer and advisor to companies such as ACS, and also lawyer Isidro Díaz de Bustamante y Terminel, to the board of directors of that subsidiary.
With 11,971 pharmaceutical partners and cooperators, Cofares is the leading pharmaceutical distributor in Spain and in 2021 it had a turnover of more than 3.6 billion euros, according to its website. With more than 3,000 employees and almost 80 years of history, it is the largest healthcare company in Spain. For years, the company had Juan de Guindos, brother of the former minister and current vice president of the European Central Bank (ECB), Luis de Guindos, as secretary of its governing board.