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ECONOMY | 30-07-2018 17:46

Aerolineas Argentinas appoints Luis Malvido as firm's new president

Experienced executive to take over reins from Mario Dell'Acqua, who is leaving for another post.

Aerolineas Argentinas has appointed Luis Malvido as the airline's new president. He will replace Mario Dell'Acqua in the post, who has been tapped to lead IEASA, the new company that will manage the assets of the the company formerly known as Enarsa (Energía Argentina SA).

According to a statement from the company, Malvido – an experienced executive and CEO of multiple companies previous – will assume his duties after the firm's next shareholders' meeting scheduled for August, while Dell'Acqua will continue as a member of the board. 

"Malvido is a senior executive at a global level with more than 25 years of experience in senior management, [including] 16 as CEO in four different countries: Argentina, Venezuela, Brazil and the Czech Republic," Aerolineas Argentinas said in a statement.

The Noticias Argentinas news agency reported that Malvino, who was born in Argentina, has a distinguished track-record that includes the launch, merger and acquisition of multiple firms, crisis management skills and "transformation and digitisation programmes."

Malvino previously served as the executive director of Telefónica for the South American region, which included business in Argentina, Colombia, Ecuador, Peru, Chile and Uruguay. He was also previously resident and CEO of Telefónica O2 in the Czech Republic, the largest telecommunications company in the European country. He also served as general manager of Telefónica's fixed telephone operations in Brazil, as president and CEO of Telefónica Venezuela, and as vice-president and CEO of Telefónica Móviles in Argentina. 

Malvido, born in Argentina, has a degree in Industrial Engineering from the Technological Institute of Buenos Aires (ITBA) and completed his academic training with postgraduate studies at IESE in Madrid, and at IDEA and at the ITBA in Buenos Aires. 

- TIMES/NA

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