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uan Béjar Ochoa (Madrid, 1957) has
been with the FCC Group since July
2009, when he was appointed Executive
Chairman of Globalvía, an infrastructure
concession company owned jointly with
Bankia. In February 2012, he also became
Chairman and CEO of Cementos Portland
Valderrivas.
Mr Béjar graduated in Law and Business
Administration from Comillas Pontifical Uni-
versity (ICADE E-3). His career began at
Hisalba, a subsidiary of Holderbank, which
was the world’s leading cement producer at
the time. He worked for two years at Em-
presa Nacional de Autopistas S.A. (ENASA),
where he served as Head of Planning and
Controller. Mr Béjar rejoined Holderbank
(currently Holcim) to set up its new interna-
tional division, UMAR. As General Manager,
he was responsible for all of the companies’
cement plants and warehouses, as well as
transportation of cement and ancillary pro-
ducts.
He joined the Ferrovial Group in 1991 and
was CEO of the Infrastructure division and
subsequently of Cintra until 2007, spear-
heading Cintra’s IPO, the creation of Ferro-
vial Airports and the acquisition of British
Airports Authority (BAA). Cintra attained a
market capitalisation of 7,368 billion euro
and was included in the IBEX-35 blue chip
index.
He moved to London in June 2007 to take
charge of Citigroup Infrastructure Manage-
ment Company. As its Chairman, he raised
3.4 billion dollars for investment in the in-
frastructure sector and subsequently ma-
naged those assets. Notable transactions
during that period include the acquisition of
Kelda, an end-to-end water management
company in the UK (valued at 6.2 billion
pounds); Itinere (8 billion euro); and 50% of
the Vancouver International Airport portfolio.
His experience in managing and funding in-
frastructure and his expertise in international
markets proved crucial in growing Global-
vía with the support of OPTrust and PGGM
pension funds, which subscribed an Octo-
ber 2011 issue of mandatorily convertible
bonds amounting to 750 million euro. The
funds enabled Globalvía to expand its asset
portfolio in Spain and Costa Rica.
In July 2012, Mr Béjar successfully refinan-
ced all of Cementos Portland Group’s debt
(1.7 billion euro) and implemented a restruc-
turing plan which is currently under way.
J
Professional profile