Juvencio Maeztu

Juvencio Maeztu

Company: Ingka Group (IKEA)

Job title: CFO and Deputy CEO


Juvencio Maeztu is Deputy CEO, Management Board member and CFO of Ingka Group (IKEA).

He joined IKEA in 2001 because of its vision and culture and values, which are the driving forces behind his passion for growth at IKEA. Prior to starting his current role, Juvencio led IKEA India as CEO for over 6 years.

During his time in IKEA, Juvencio has had extensive store experience, which he believes is the best platform to understand the customers and the core of the IKEA business. Juvencio has had diversified experience and responsibilities in Spain, Portugal, United Kingdom and India before moving to The Netherlands.

He is Management Board member and Managing Director for Ingka Holding BV which consists of three businesses: IKEA Retail, Ingka Centres and Ingka Investments. Management Board is the ultimate decision-making body and responsible for the formal conduct and the strategic, structural and financial approvals as well as critical risks for the Ingka Group. Ingka Management Board has two members: the CEO and the Deputy CEO/CFO.

Juvencio is an economist from IESE Business School where he also completed his MBA. He is married, has two children, and lives in The Netherlands. In his free time he loves to sail.

With IKEA retail operations on 32 markets, Ingka Group is the largest IKEA retailer and represents about 90% of IKEA retail sales. It is a strategic partner to develop and innovate the IKEA business and help define common IKEA strategies. Ingka Group owns and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. It has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Read more on Ingka.com.