The investment firm KKR announced the appointment of Luis Téllez, former Chairman of the Board and CEO of The Mexican Stock Exchange (Bolsa Mexicana de Balores, BMV), as a Senior Advisor to the firm, effective immediately.
Mr. Téllez has been active in public service for over 20 years, being involved in macroeconomic, financial, energy and agricultural issues. Specific roles include serving as Secretary of Communications and Transportation (2006-2009), Secretary of Energy (1997-2000) and Chief of Staff to President Ernesto Zedillo (1994-1997). Téllez was also Deputy Secretary of Agriculture and Head Economist at the Treasury.
He is the former Chairman of the Board and CEO of the MSE where served for the last five years. Prior to MSE, he was Managing Director of the Carlyle Group in Mexico (2003-2006) and Chief Executive Officer of Desc (2001-2003), one of Mexico’s largest industrial and real estate companies.
Commenting on the appointment, Alex Navab, Head of KKR’s Private Equity business in the Americas, said: “Luis Téllez has had a distinguished career in both the public and private sector, and we are pleased to have him as an advisor to KKR. We believe that both investors and companies in Mexico are looking for partners to aid their growth and investment objectives and Luis Téllez will offer valuable insights that support those endeavors and help grow our franchise in Mexico.”
“KKR is known as a pioneering, innovative investment partner with a terrific long-term track record. I am honored to work with an iconic firm that has demonstrated its long-term interests in such an important economy as Mexico,” Luis Téllez said.
Mr. Téllez has been a member of the board of FEMSA, Grupo México, BBVA Bancomer, Cultiva and Global Industries. He currently serves as a Director of Sempra Energy (San Diego based utility) and is the Mexican Associate of McLarty Associates. Téllez is also member of several non-profit organizations such as the Mexican Council of Foreign Affairs.