Emilio Icaza Chavez

Mr. Icaza Chavez was appointed to the Board of Directors in 2018.

Mr. Icaza Chavez is a co-founder and current Chairman of the Board of Aspel, a Mexico-based company which is the market leader in small business accounting software both in Mexico and in Colombia. Telmex bought an initial stake in Aspel in 2000; since then the relationship has evolved and Grupo Financiero Inbursa now owns a majority stake in Aspel.

From 1989 to 1996, Mr. Icaza Chavez worked at GBM, one of the top brokerage houses in Mexico, where he was Co-Executive Director, in charge of Corporate Finance, Research and Investor Relations.

In addition to his continued role at Aspel, Mr. Icaza Chavez co-founded Fusion de Ideas in 2008, a Private Equity investment vehicle with current investments in Energy, Software, Real Estate Development, Food, and other industries.

Mr. Icaza Chavez is the main shareholder of Enextra Energía, a Mexican corporation which has signed a licensing agreement with Brilliant Light Power, Inc. to serve energy customers in certain industries within the Mexican Territory.

Mr. Icaza Chavez was awarded a bachelor’s degree in business administration at Instituto Tecnologico Autonomo de Mexico (ITAM) in Mexico City.


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