The board of directors of Ferrovial has approved the appointment of Ignacio del Pino as general director of Investments of the company, with effect from next November 1.
Ignatius is the second son of the president of Ferrovial, Rafael del Pino, and has until now been the company’s corporate financial director, a position for which he was appointed in January 2023, according to the company in a statement.
Previously, he held different positions at Cintra, the group’s toll road subsidiary, in the United States, and will now be responsible for the implementation of the company’s capital allocation strategyreporting to the CEO, Ignacio Madridejos.
Specifically, it will assist the council in the design of the company capital allocation policy, Provide strategic direction to portfolio companies, identify and evaluate investment and divestment opportunities available to Ferrovial, and work with the Chief Financial Officer to allocate resources to business divisions, with the objective of optimizing long-term profitability for the company. shareholder and the company’s risk profile.
Ignacio del Pino has a degree in Mechanical Engineering from the Massachusetts Institute of Technology (MIT) and has an MBA from the Stanford Graduate School of Business. He began his professional career working in investment banking and private equity at JP Morgan and Oaktree Capital Management.
Besides, María Teresa Pulido will leave her position as General Director of Strategy on December 31, although he will remain with the company until April 2025 to support the transition.
«We want to thank María Teresa for her role in the definition and deployment of the strategic transformation of the company to maximize the generation of value for our shareholders and wish Ignacio much success in his new responsibilities,” said Madridejos.
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