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IESA appoints new President for 2007-2010

The IESA Board of Directors appointed Francisco Sanánez as President for the term 2007-2010. He is a 46 years old manager, with an extensive national and international career in Marketing, who intends to enhance IESA’s internationalization and academic renewal.

Mr. Sanánez is a Mechanical Engineer who graduated at Universidad Simón Bolívar. Later on, he earned a Master in Manufacturing Engineer at Boston University and a MBA at Columbia Business School. His experience spans 22 years in multicultural work environments, complex business systems, and planning strategies in uncertain business environments.

Sanánez, a former CANTV Corporate Marketing Manager, who was appointed in 2003 by McKinsey & Company as a Senior Project Manager in the telephony company, was also senior partner in the consulting company. He leaded the operational and strategic diagnosis for an organizational model geared at client service and trading aggressiveness during the telecommunications sector market opening in 2000.

In CANTV, he developed avant-garde services and he created an Internet strategy as the cornerstone for ABA’s rapid growth and success in Venezuela. ABA is the broadband product leader for High Speed Internet Access. Likewise, he was responsible for defending the company against a hostile takeover by AES Corporation in 2001, and he repositioned the Movilnet cell phone subsidiary once Movistar was launched in 2005.

Sanánez has developed consulting projects for important Venezuelan and foreign organizations, including IESA in 2002. During the Jonathan Coles tenure, he diagnosed needs and challenges the Institute had to tackle under a strategic review he envisioned.

Under his leadership, IESA will open operations in Ciudad del Saber, Panama, to attend the Central American market, complete a third accreditation granted by European EQUIS (European Quality Improvement System) and reassert its leadership as one of the ten best Latin American business and management schools.