Investors
Board of Directors
The Board of Directors is responsible for the management of the Company. It´s composed of five members, of which four are independent, pursuant of transparency and alignment with the certificate holders' interests. Each Director is elected annually at the Shareholders Annual General Ordinary Meeting. All Board Members hold the positions for one year and may be reelected.
Terrafina values the benefits that diversity can bring at all levels, thus fostering different perspectives and ideas that promote better governance. In the process for the search, selection, nomination and appointment of the members of the governing bodies, diversity in experience, knowledge, gender and nationality will be considered.
Set forth below are the name, position and description of the business experience of each of Terrafina's directors on its Board of directors.
Name |
Position |
|---|---|
| Vicente Naves* | Independent member. |
| Abelardo Hernández Juliá* | Independent member. |
| Héctor Ibarzábal | Non-independent member. |
| Edward S. Nekritz | Non-independent member. |
| Armando Fregozo | Non-independent member. |
Vicente Naves
Vicente Naves has over 40 years of experience in the real estate sector, including 19 years as President or CEO. He is currently a board member and consultant, specializing in asset management and real estate development. He is also a consultant and professor, focusing on large-scale real estate projects. Previously, he was the General Director/CEO at Artha Capital, managing assets worth USD 762 million. Before Artha Capital, Vicente was Co-CEO at Grupo FREL, overseeing a portfolio of income-generating assets, hotels, and significant investments. He has also held leadership roles at OHL Concessions and Pulte Homes. Vicente holds an MBA from IPADE and a Bachelor's degree in Civil Engineering from Universidad La Salle, both with honors. He is a CFA® charterholder and has served on the boards of Grupo Invertierra, Consorcio ARA, Grupo FREL, Fibra Shop, Comercializadora Columbia, and Artha Capital.
Abelardo Hernández Juliá
Abelardo Hernández Juliá, CFA, CESGA has over 18 years of financial sector experience with a specialization in asset management and investment banking. He is currently CEO and portfolio manager for SOHO Capital Management. Before his current role, he was head of Equities for Afore Sura, designing and managing the investment process, which included a global equities strategy, focused on country, sector, and factor selection, a Mexican equities strategy, and non-listed investments with a focus on real estate and infrastructure in the domestic market.
He started his career with UBS Pactual within the Equity Strategy and Special Situations team, ranked #1 by Institutional Investor in 2009. He graduated from ITESM with a degree in financial management, a certified ESG analyst, and CFA® charterholder. Mr. Hern
Héctor Ibarzábal
Héctor Ibarzábal has extensive experience in operations, capital deployment, structuring, financing and fundraising in the industrial, office, retail and residential Real Estate sectors. Mr. Ibarzábal has served as Prologis Mexico´s Managing Director since 2011. In that capacity, he directs all Prologis real estate activity in Mexico which comprises a 50 Million square feet industrial portfolio in Mexico’s premier markets, and all its relative strategic, deployment and disposition activities.
Mr. Ibarzabal is as well Fibra Prologis CEO, where he has participated since its inception in 2014. Prior to joining Prologis, Mr. Ibarzábal cofounded G. Accion, the first Mexican publicly traded real estate company, where he served as CFO, COO and President. In 2001, G Accion became AMB Property Corporation’s first international partner (prior to its merger with Prologis).
Mr. Ibarzábal is Board Member of Fibra Prologis, and has been president of AMPIP (Mexican Association of Industrial Parks), where he participates on the Board of Directors. Former avid marathon runner and passionate golfer, he holds a civil engineering degree with honors from Universidad Iberoamericana and an MBA from IPADE.
Edward S. Nekritz
Ed Nekritz serves as chief legal officer and general counsel for Prologis. He oversees the provision of all legal services for Prologis on a worldwide basis. He is also responsible for Prologis' strategic capital and investment services groups. Furthermore, he leads Prologis' risk management and ESG departments. Mr. Nekritz focuses significant efforts on Prologis' strategic initiatives, including mergers & acquisitions, global investment funds and portfolio transactions. He also serves as the secretary to the Prologis board of directors. Mr. Nekritz joined Prologis as a vice president in 1995. Previously, he was with the international law firm of Mayer, Brown & Platt (now Mayer Brown), where he practiced real estate and corporate law from 1990 to 1995.
Mr. Nekritz serves on the Junior Achievement Rocky Mountain Board of Directors and Executive Committee and the Staenberg- Loup Jewish Community Center Denver Board of Directors. Mr. Nekritz received his J.D. from the University of Chicago Law School and his Bachelor of Arts, with honors, from Harvard CollegeArmando Fregozo
Armando Fregozo is President of Latin America for Prologis, Inc. He is responsible for managing over U$6.5B in AUM in Mexico and Brazil. He leads a development and operating portfolio of approximately 65 million square feet, a team of 160 vibrant employees, all of our capital deployment and operations activities in the region as well as our Joint Venture with Ivanhoe Cambridge in Brazil, Prologis Brazil Logistics Venture (PBLV).
Mr. Fregozo joined the Latin America team from Prologis’ Southwest Region, where he contributed significantly to transactional activity, having completed nearly 50 transactions totaling in excess of 21 million square feet of developable and/or existing industrial warehouse space with an estimated total gross project cost in excess of USD 1.6 billion. Prior to joining Prologis in 2010, he was an associate at Xebec Realty Partners, a Los Angeles-based industrial real estate firm. His previous international experience includes working for Colliers International in Budapest, Hungary.
Mr. Fregozo has participated in the Dartmouth Society of Investment and Economics, Tuck Real Estate Club and the National Association of Industrial and Office Properties, amongst other organizations. He is a currently a member of YPO and GRI. He graduated from Dartmouth College.