CAF
Telmo Labayen currently serves as the Managing Director at Vicinay Marine since August 2024. Prior to this role, Labayen has had a long tenure at CAF (Construcciones y Auxiliar de Ferrocarriles) from December 2008, holding various positions including Head of the CTO Office, where responsibility included defining corporate models for Innovation and IT, and managing the Project Management Office for international railway projects. Labayen also led the CAF Transport Systems division, overseeing turnkey railway projects in Brazil, Taiwan, and Mexico, along with engaging in internal consulting projects for the CEO and exploring investment opportunities and M&A initiatives. Earlier career experiences include serving as Regional Access Manager at Pfizer and as a Senior Consultant at The Boston Consulting Group. Labayen holds an MBA from IESE Business School and a degree in Chemistry from the Universidad del País Vasco/Euskal Herriko Unibertsitatea.
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CAF
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Construcciones y Auxiliar de Ferrocarriles SA (CAF) is a Spain-based company engaged in the rolling stock manufacture. The Company's activities are divided into two business segments: Rolling stock, as well as Components and spare parts. The Rolling stock division focuses on the design, production and distribution of rolling stock and equipment for railway systems, such as high-speed vehicles, locomotives, trains for middle-distance transportation, commuter trains and electric motorcars, subway trains, streetcars, traction and signaling systems, as well as energy storage solutions. The Components and spare parts division offers elements and spare parts for rolling stock equipment, such as wheels, axles and gear units. In addition, the Company offers technical assistance, maintenance and after-sale services, as well as development of rail infrastructure, among others. It operates through numerous subsidiaries in Spain, France, Germany, the United States, Brazil and Mexico, among others.