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Home Lifestyle

Who is Alejandro Betancourt?

Alejandro Betancourt is one of Venezuela's leading entrepreneurs, representing the country on the global stage in business. But who exactly is the man behind some of the world’s leading companies?

Alan Aldridge by Alan Aldridge
25-01-2021 14:20
in Lifestyle
Who is Alejandro Betancourt?

Who is Alejandro Betancourt? Image credit: pexels-jimmy-chan-1055297

We delve into his professional career and achievements to give you an insight into more information about Alejandro Betancourt.

Information about Alejandro Betancourt

Career  beginnings

Alejandro achieved a double degree with major economics with a specialisation in international trade and a minor in Business Administration from Suffolk University of Massachusetts. As a result of his studies, Alejandro’s professional career has developed well at an international level. 

He started out as being responsible for the activities of international organisations in Venezuela and from there he began to create his own companies. Alejandro started his career at a company specialising in the energy sector and in the exploration, production and trade of oil and its derivatives. The company has branches in the U.S., Europe, Middle East, South America and Africa, and Alejandro was one of the key people in managing the company’s relationship with its Latin American clients. 

Betancourt later worked at Guruceaga Group, which was dedicated to international trade in goods, finance, real estate and farm. His responsibilities were to manage all of the company’s new business.

BGB Energy & starting his own company

Alejandro later became Director at  BGB Energy, a subsidiary of Kawasaki Heavy Industries in Venezuela. He actively took part in the Central West Interconnection project in 2006. The aim was to connect the natural gas transmission systems in the eastern and central region of the country with the transmission system in western Venezuela in order to meet gas demand in that area and promote gas exports to countries like Colombia.

As the director, he was put in charge of the sale of thirteen turbines in various different regions of Venezuela. As a result, he generated more than $50 million dollars and developed close and important relationships with other energy companies in the country.

After a decade of experience in the sector, in 2007 Alejandro founded his own private company, which specialised in the engineering, procurement and construction of thermoelectric plants. From this, he created jobs for over 200 employees. His energy company has gained a strong reputation and has since expanded beyond the borders of Venezuela. Alejandro now looks to turn his company into a major technology provider for all of Latin America.

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O’Hara Group and Hawkers

Alejandro is currently the largest shareholder for the O’Hara Financial Group, an international investment group, as well as serving as president of Hawkers, a Spanish sunglasses company.

The O’Hara group makes private equity investments mainly focused on oil and gas, the banking sector and Internet companies. Alejandro is responsible for both investment and fundraising strategies. As director of the group, he manages co-investments with institutional investors and with European banks.

Hawkers are the third-largest sunglasses company in the world, with operations in more than 20 countries! Alejandro has driven this growth through a strategy of professionalisation and expansion to the physical channel. As a result of his leadership, Hawkers has opened more than 60 stores across the world. As president, he also directs high-level strategic decisions, including fundraising, institutional relations and overseeing the company’s senior executives.

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