From Inditex to Cinven. The British venture capital firm has chosen the former president and former CEO of the Galician textile group, Pablo Islaas Global Senior Advisor of the firm with effect from January 1, 2024. Isla has also been appointed president of Amara NZero, one of the Spanish companies in Cinven’s portfolio.
“Isla brings extensive experience as one of the most successful CEOs in Spain and Europe to strengthen Cinven’s position as one of the leaders in the private equity sector,” the firm said in a statement published this Wednesday.
In its role as advisor, Cinven aims to enhance the high growth capacity of the Spanish portfolio of its funds, which includes MásMóvil, Hotelbeds, Restaurant Brands Iberia, Ufinet and Tinsain addition to the role of president at Amara NZero.
Isla has extensive experience in promoting the growth of large companies. He was president and CEO of Inditex from 2011 to 2022, where he was also CEO and vice president from 2005 to 2011. In 2020 he was recognized as the best Spanish CEO of the decade by Forbes and the World’s Best CEO in 2017 and 2018 by Harvard Business Review.
“I am delighted to join a global leader in the private equity like Cinven, which has a strong track record of supporting growth and value creation within its portfolio. I am confident that we will further strengthen that leadership through our collaboration. “I am also excited to be part of the future success story of Amara NZero, a leader in its sector with a notable commitment to the energy transition and a focus on ESG values,” Isla said in words collected in the note released by the company. .