CIFI makes an essential acquisition of talent
Corporación Interamericana para el financiamiento de Infraestructura, S.A. (CIFI), secures the hiring of a world-class professional who will lead the operation of CIFI Asset Management.
As of July 15, 2022, Javier Escorriola will officially join CIFI as Managing Partner of CIFI Asset Management.
Javier is no stranger to CIFI as he is currently the Investment Director for Latin America at Norfund, its main shareholder. For the last 16 years, he has represented Norfund in different positions within CIFI’s Board of Directors, of which today he is its Chairman.
Javier Escorriola commented, “CIFI currently has a great opportunity to mobilize funds from institutional and private investors to finance infrastructure projects; CIFI has more than 20 years of experience. We already have two successfully operating funds. I decided to join the CIFI team to support these initiatives to make Asset Management the main source of resources for CIFI and put them to the benefit of infrastructure in Latin America”.
Javier joins CIFI Asset Management with more than three decades of experience serving the region, with invaluable knowledge that will allow him to structure and lead CIFI Asset Management.
Javier shares CIFI’s vision towards future goals and strategies, in particular the focus on sustainable investments, and therefore decided to join the team to provide private and institutional investors with diversified portfolio management services in infrastructure lending in areas of high population growth while mitigating environmental, social and governance (“ESG”) risks.
César Cañedo-Arguelles, CEO of CIFI, said: “Javier’s experience, knowledge, and vision are an important contribution to CIFI’s strategic plan, which seeks to innovate in the world of project finance and be the bridge between institutional investors and the real economy. Javier’s leadership will take us where we want to be”.
At CIFI, we are pleased to have a professional like Javier Escorriola with a degree in Business Administration and Economics, with a master’s degree in Economics, Banking, and Finance. Throughout his working life, he has exercised different local and regional responsibilities in service, administrative, managerial, and directive areas. He has also belonged to more than 30 boards of directors of other institutions, funds, and projects, giving him a vast industry horizon.