×

Abengoa Appoints Co-CFO Responsible for Investor Relations & Capital Markets

  • Ignacio Garcia Alvear, current CFO of Abengoa Bioenergy is appointed as Co-CFO for Investor Relations & Capital Markets, effective February 1st, 2015.
  • Barbara Zubiria, existing EVP, Investor Relations & Capital Markets, will be taking on a new professional opportunity outside of Abengoa.

WASHINGTON, Jan. 19, 2015 (GLOBE NEWSWIRE) -- Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors has announced the appointment of Co-CFO responsible for Investor Relations & Capital Markets, effective February 1st, 2015. Ignacio Garcia Alvear, current CFO of Abengoa Bioenergy, will replace Barbara Zubiria, who has decided to take on a new professional opportunity as CFO of a company in an unrelated sector.

Mr. Garcia Alvear joined Abengoa in 1995 and has been in his current position since January 2004. Prior to this, he has been Director of Corporate Finance of Abengoa, Financial Director for Telvent, and CFO for Abengoa Mexico. Mr. Garcia Alvear has been based in St. Louis, MO, for the last 11 years and will be relocating to Washington, DC.

Mr. Garcia Alvear is a graduate of ETEA University in Cordoba, Spain with a Bachelor's Degree in Economics and Management in 1995, he later completed an Executive Management Program from Ipade Business School at México in June 1999.

Manuel Sanchez, CEO of Abengoa, stated, "I am very happy to welcome Ignacio into his new role. He will be bringing both, his extensive financial experience and a deep knowledge of Abengoa, making him the most suitable candidate to address this opportunity." He added, "I also want to thank Barbara for her 10 years of service to Abengoa. She has been instrumental to the positioning of Abengoa in the capital markets and a pleasure to work with. I wish her the best of luck in her new endeavours."

About Abengoa

Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)

CONTACT: Communication Department: Patricia Malo de Molina Melendez. Tel. +34 954 93 71 11 E-mail: communication@abengoa.com Investor relations Barbara Zubiria Furest. Ignacio Garcia Alvear Tel. +34 954 937 111 E-mail: ir@abengoa.comSource:Abengoa