FCC appoints new chief

FCC Group - the parent of desalination company, FCC Aqualia - has appointed Carlos M Jarque as its new chief executive officer.

Jarque was previously executive director of corporate affairs at telecoms company, América Móvil - Latin America's biggest private firm -  since 2013 and was earlier a secretary of the Inter-American Development Bank. He has been a member of the supervisory board at Telekom Austria since August 2014, and is the author of over a hundred academic articles on economics, social development, planning and technology.
 
On the announcement of his appointment Jarque said: "The rehabilitation of FCC Group and its shares will continue in order to reinforce the company both financially and operationally."
 
Honorary chairman of America Movil, Mexican, billionaire businessman, Carlos Slim, became the largest shareholder in FCC Group at the end of 2014. FCC Group was recently named the preferred bidder for an energy from waste plant in Edinburgh, UK, as well as securing four contracts for its water division FCC Aqualia in Mexico and Chile.
 
FCC Group chair, Esther Alcocer Koplowitz stressed that Jarque's experience and leadership will ensure FCC resumes the path towards growth. In the FCC Board of Directors meeting, Jarque noted the challenges and opportunities the company currently faces. "Alongside the Board, the rehabilitation of FCC and its shares will continue in order to reinforce the company both financially and operationally", he said.

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| Austria | Chile | Latin America | Mexico


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