Our People

Team

Our people are our greatest asset. TNC has passionate, action oriented executives who work as a team to provide the best service and nurture the best client relationships”

SAMUEL ANTONIO QUIROS
CEO Chairman

Prior to becoming a Managing Partner at The Network Co., Samuel served six years as the CEO of a regional automotive group and its financing arm in Central America, Grupo Q Holdings. Previously, Samuel was founder and Executive Director of two of the most successful investment banks in Latin America, Vestcorp Partners and Andino Capital Markets. He has over thirty years of experience in investment banking, mergers and acquisitions, corporate finance, capital markets, financial structuring and commercial banking in the region.

As part of his expertise, he has advised several large companies in raising financial capital. Samuel led and negotiated private equity investments of more than US $250M with rates of return higher than 45%, and led capital market operations where he raised more than US $2B for his clients over a period of seven years.

Samuel has B.A. in Finance and Economics and a Masters on Development Banking from American University. He is fluent in Spanish, English and German.


LUISA MARÍA DE ÁLVAREZ
Managing Partner

Founding partner at The Network Co., and during her thirty years of experience in investment banking, corporate finance and commercial banking, Luisa has led some of the most relevant M&A transactions in El Salvador and the region. She is also a pioneer on topics related with the Salvadoran capital markets, leading the first issuance of marketable securities in El Salvador for a private sector company. Prior to moving to El Salvador, Luisa was Vice President of the International Division of InterFirst Bank Dallas, N.A.

Luisa has experience in almost every industry in Central America. She led transactions that resulted in the sale of one of the largest supermarket chain in El Salvador, the successful privatization of the four electricity distribution companies owned by CEL (jointly with Dresdner Kleinwort Benson), the sale of several microfinance companies, as well as advising multilateral and foreign institutions on their sale of companies throughout Central America, among many others.

Luisa currently is or has been a member of the Board of several companies, financial institutions and NGOs, including Banco Capitalizador, Aseguradora La Centro Americana/MAPFRE, Corporación de Crédito y Servicios, Academia Británica Cuscatleca (Chairwoman), Fundación Escolar Británico Salvadoreña (Chair), LAGEO and Asociación Estima.

She has a B.A. in Business Administration from Tulane University. She is fluent in Spanish, English and Italian.


JAVIER CUESTAS
Managing Partner

Before joining The Network Co. Javier was an Associate at Vita Capital, an investment bank specializing in renewable energy in Madrid, Spain. Before that he worked as financial analyst in Bayer S.A.. In his entrepreneurial spirit, As entrepreneur, Javier has participated in waste treatment and energy efficiency projects.

Through his experience, Javier has acquired knowledge on financial modeling, corporate valuation, capital markets, operations structuring, mergers and acquisition, private equity and leveraged operations (LBO).

Javier holds as Master´s Degree in Corporate Finance & Investment Banking from the Instituto de Estudios Bursátiles (IEB), Madrid. He holds an specialist degree in financing and investment in renewable energy projects awarded by IEB. He studied financial markets at The London School of Economics, United Kingdom, holds a postgraduate degree in international finance from ISEADE and obtained his Bachelor of Business Administration from Franklin University. He is fluent in English, Spanish and French.


GUILLERMO ENRIQUE BAZAN
Analyst

Prior to joining to the team of The Network Co. as Analyst, Guillermo did internships at Grupo Poma in the area of Strategy and Finance and at The Network Company.

During his experience at The Network Co., Guillermo has acquired knowledge in mergers and acquisitions, project finance, financial modeling, business valuation, and financial markets in a variety of industries.

Guillermo obtained his Business Engineering bachelor’s degree at Escuela Superior de Economía y Negocios in El Salvador (ESEN) and did studies in Commercial Engineering and Corporate Finance at Universidad del Desarrollo in Chile. He is fluent in Spanish and English.


CARLOS ANDRES LIEVANO
Analyst

Before joining The Network Co. Carlos worked as a financial analyst at Leasing All, a company specialized in providing financial products, and as an intern at The Network Company.

During his professional experience, Carlos has acquired solid knowledge in financial structuring, mergers and acquisitions, company valuation, and financial analysis.

Carlos obtained his degree in Business Engineering from the School of Economics and Business in El Salvador (ESEN). He is fluent in both English and Spanish.


RAÚL ERNESTO CARDENAL DeBAYLE
External Consultant

Over the last twenty two years and until mid – 2018, Raúl held the position of Country Manager, CEO and President of BAC/Credomatic Group in El Salvador. During that period he was responsible for the operations of a commercial bank, a credit card issuing and acquiring company, a brokerage company, and a leasing company, all under a group holding Company. As of December 2017, the group had combined assets of $2,400 MM and equity of $300 MM. Under Raul’s leadership the group BAC/Credomatic grew aggressively to become one of the largest and most profitable financial institutions in El Salvador.

During his professional career, Raúl accumulated over thirty five years of experience in the financial sector. He initiated his career with The Citizens and Southern International Bank and later held various positions in other institutions. At Wells Fargo Bank’s Miami branch, he was Credit Manager for Latin America, while at Visa International he was CFO for the same region. Raúl also has experience with the franchise industry, as he was an owner operator for a number of McDonald’s restaurants in Massachusetts, USA for seven years.

Raúl is currently the President of the Chamber of Financial Associations in El Salvador as well as President of ABANSA, the Salvadorian Banker’s Association.

Raúl obtained an undergraduate degree in Economics from Sussex University in England and has an MBA from the University of Miami in USA. He is fluent in English and Spanish.


ALEJANDRO GUSTAVO ALLE
Managing Director

Prior to becoming Managing Director at The Network Co., Alejandro served six years as Executive Director of Energía del Pacífico (EDP), a US $ 1 billion LNG-to-Power project, leading the company throughout all the development phase to the completion of Project Financing with IFC, IDB Invest, OPIC and Finnvera/KfW in Dec. 2019. Alejandro had initially co-founded Quantum Energy, an Energy Development and Investment company that was originally awarded with the Power Purchase Agreements (PPAs) and that remains as minority investor in EDP.

Previously, Alejandro had started and managed for nine years as General Manager the operation in El Salvador of Puma Energy, an oil company controlled by the trading house Trafigura.

As part of his expertise of 34 years in the energy industry, he served as Project Development Manager for natural gas projects in Argentina and LatAm during the 90s. His professional career started with a scholarship at the CNEA (National Commission of Atomic Energy) in Buenos Aires, 1986.

Alejandro is a Mechanical Engineer (Universidad Nacional de Mar del Plata, Argentina, 1987) and holds a M.Sc. in Economics (ESEADE, Buenos Aires, Argentina, 1992). He speaks Spanish and English.


ISAAC SUSTER
Digitization and Tokenization

Before joining The Network Company, Isaac worked as Chief Operating Officer of a Norwegian start-up neobank called Reltime. During his time at Reltime, Isaac directed a team of programmers from the company Accubits to successfully develop a fully private and permissioned Blockchain. Isaac chose IBFT 2.0 Proof of Authority as the consensus algorithm of that blockchain, and together with the Accubits team he left it ready for use as part of Reltime’s P2P loan platform.

Isaac studied in New York University, and he is fluent in English and Spanish.


FEDERICO CANEPA
External Consultant

Federico is a partner at Costa Partners, a real estate firm based in Argentina. He was founder and managing director for Mark Ventures, a venture capital fund based in Buenos Aires. He served as an executive director and advisor in companies in the service/technology, and agribusiness indutries.

As part of his expertise and previous to founding Mark Ventures, Federico served as an associate consultant at A.T. Kearney, engaging international clients through their Latin American operations. Federico also worked as an internal consultant and later as director of operations for a major Central American credit card issuer (currently Citibank), reporting directly to the CEO and taking leadership on regional projects on strategy, sales, operations, and customer service. He began his career as a consultant at Andersen, where he engaged in several M&A projects for key players throughout Latin America.  Federico lived and worked in six countries in the Americas, where he developed and extensive international network.

Federico is a Industrial Engineer (Instituto Tecnológico de Buenos Aires (ITBA, 1997) and has an MBA from the Fuqua School of Business at Duke University (2002). He is fluent in English and Spanish.