The Mexican economist and adviser of Carlos Slim business group in office relieves Juan Béjar.
The Mexican magnate Carlos Slim, the main shareholder the Spanish FCC Construction, with 25.6% of the capital, has placed one of his henchmen as the new CEO of the construction group.
The FCC board today appointed Mexican economist Carlos Manuel Jarque new CEO group, replacing Juan Béjar.
Carlos M. Jarque is linked from 2013 to Carso conglomerate of Carlos Slim, in which he is a director of both this group, as several of its companies in addition to a management position in America Movil.
The president of FCC, Esther Alcocer, has stated its satisfaction with this appointment and assured that counts “with the support and loyalty of all the advice and of all of us FCC “. In addition, Alcocer has expressed confidence that the experience and leadership will make FCC Jarque return to the path of growth.
long career
In his career, the new chief executive FCC has combined different positions in companies with various positions in the Mexican government. Jarque was minister of social development, responsible for the National Development Plan 1995-2000 Mexico, and president of the National Institute of Statistics, among other public positions.
Jarque has studied Actuarial Science, Finance, Economy and Urban and Regional Planning. He studied BA at Anahuac University and holds graduate of the School of Economics in London, the University of Oslo, the National University of Australia, and Harvard.
The appointment of Jarque as chief executive FCC has place nine months after Carlos Slim entered the capital services and construction group, which is listed as the largest shareholder, with 25.6% of its capital, in which Esther Koplowitz has 22.4 percent.
Also, over in the post of CEO of the company comes just a month after the current chief executive, Juan Béjar, agreed departure, once the restructuring plan and restructuring has taken place in undertaken the company since its arrival in January 2013.
From the landing of the Mexican businessman in the construction, the company has been in various management positions appointing several professionals from the Slim group of companies, such as director General for Administration and Finance, Miguel Martínez Parra, or the CEO of Cementos Portland, Gerardo Kuri.
Future challenges
The new CEO will lead the new FCC phase growth that the group aims to address, in which debt reduction and recovery of dividend payment listed as major challenges.
In this new phase, the group’s strategy is to ally with companies Carlos Slim to compete for infrastructure projects throughout the Americas, with the exception of Mexico, and to focus on large construction contracts.
Upon designation, Jarque said that “hand advice, sanitation FCC process and actions will continue to strengthen financial and operational “.
FCC also seek to strengthen the international water business and environmental services and maintain its position as the partner in Realia, property also owned by Slim.
fondos@eleconomista.com.mx
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