Spanish utility Iberdrola S.A. has picked as new chief govt officer Pedro Azagra, who has been with the corporate for 25 years.
Azagra has till now held the place of CEO of the corporate’s U.S. unit, Avangrid. Now he replaces Armando Martínez on the helm. Azagra first joined Iberdrola as Government Director of Improvement with duty for the corporate’s worldwide growth, the corporate mentioned.
He earned a level in Regulation and Enterprise Administration from the Instituto Católico de Administración y Dirección de Empresas (ICADE) on the Universidad Pontificia de Comillas in Madrid, the place he has been a professor of Company Finance and Mergers and Acquisitions, Iberdrola famous.
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Having earned an MBA from the College of Chicago (USA), he constructed his skilled profession in Morgan Stanley’s funding banking division earlier than becoming a member of the Iberdrola Group. Along with serving as CEO of Iberdrola’s US subsidiary, he additionally served as President of Avangrid Energy and Avangrid Networks, and at the moment serves on the Board of Administrators and Audit Committee of Neoenergia, Iberdrola’s Brazilian subsidiary, the corporate mentioned.
The CEO place within the USA will likely be taken over by Jose Antonio Miranda, who’s at the moment CEO of Avangrid Energy. He holds a grasp’s diploma in industrial engineering from the College of Oviedo and an MBA from ICADE.
Iberdrola added that he beforehand held the CEO position at Gamesa in China and the U.S. Moreover, he’s a board member of American Clear Energy and a part of the Worldwide Renewable Power Company.
To contact the writer, e mail andreson.n.paul@gmail.com
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