CIMIC Appoints Valderas as Dy CEO

 

CIMIC Group today announced the appointment of Adolfo Valderas as Deputy Chief Executive Officer.

Mr Valderas is the current CIMIC Group Chief Operating Officer.

CIMIC Executive Chairman and Chief Executive Officer Mr Marcelino Fernández Verdes said: “Adolfo has achieved a great deal for the CIMIC Group during the past two years, as he has worked on the ongoing transformation of our operations.

“Adolfo, who has held leadership roles with ACS companies (construction and PPPs) internationally, brings his considerable management capabilities to the position.

“I am confident that Adolfo will leverage the many opportunities before us to the benefit of shareholders, clients and employees, thus ensuring the success of the CIMIC operating model.”

Mr Valderas takes on the role in addition to his current position as Chief Operating Officer, a role he has held since December 2013.

Adolfo Valderas

Adolfo Valderas, a civil engineer, is CIMIC Group’s Deputy Chief Executive Officer and Chief Operating Officer.

He was previously Chairman and CEO of Iridium Concesiones de Infraestructuras. Iridium, an ACS Group company, is the world‐leading developer and manager of government concessions involving transport and public works infrastructure.