María Asunción Aramburuzabala

María Asunción Aramburuzabala Larregui de Garza (born May 2, 1963) is a businesswoman in Mexico and Latin America. She is Chairman of the Board of Tresalia Capital.

Personal

María Asunción Aramburuzabala — referred to as Marisun by her friends — was born on May 2, 1963 in Mexico City, Mexico. She is the granddaughter of Félix Aramburuzabala, who co-founded the Mexican brewery Grupo Modelo with his friend and partner don Pablo Díez Fernández^{[citation needed]} . Her father, Pablo Aramburuzabala, was the Executive Vice President of the Grupo Modelo brewery.

Aramburuzabala graduated from the Instituto Tecnológico Autónomo de México where she majored in Accounting.

In 1982 she married Paulo Patricio Zapata Navarro. They had two children and divorced in 1997.^[1]

On February 26, 2005, she married Tony Garza, United States ambassador to Mexico, in a small religious ceremony in Mexico City. On April 23, they had the civil ceremony near Valle de Bravo, west of Mexico City. U.S. First Lady Laura Bush attended. An estimated one-third of the guests were from Texas. The couple divorced in May 2010.^[2]

Family business

The Mexican brewery, Cervecería Modelo, was founded in 1925 by a group of businessmen, including don Pablo Díez Fernández — who became the company's President, CEO and major stockholder — and Felix Aramburuzabala. Felix' son, Pablo Aramburuzabala, the Executive Vice President of the brewery, died unexpectedly in 1995 of lung cancer at the age of 63. After his death, several groups tried to gain control of his family's share in Modelo — his wife and two daughters bonded together against these groups.^[3][4]

The family created Tresalia Capital ("tres aliadas" or three allies) in order to diversify the family investments. Through Tresalia, Aramburuzabala family has made investmented in large Mexican companies, as well as the management of private and venture capital funds and the creation of new companies. Tresalia is also distinguished for capitalizing investment projects from young entrepreneurs.

In a few years, Tresalia diversified from its core brewing business to focus on investments in growing sectors in Mexico such as telecommunications, infrastructure, real estate, land banks, technology infrastructure, media, education and health.

Career

Aramburuzabala is CEO and President of Tresalia Capital and Vice Chairman of Grupo Modelo. She is also member of the Executive Committee of Grupo Modelo and Vice Chairman of DIFA as well as Chairman of Tresalia Educación. She serves as Director in several important Mexican companies Boards such as Grupo Televisa (since 2000, currently Vice Chairman of the Board), America Movil, Empresas ICA, Banamex - Citigroup, Aeromexico, BCBA Impulse, KIO Networks and GA&A Group; and actively participates as member of the NYSE Advisory Committee.^[5]

Aramburuzabala is also an active member of ITAM's Business School Advisory Committee, and the David Rockefeller Center for Latin American Studies at Harvard University Advisory Board. She serves in the Advisory Board to the Mexican Ministry of Education looking to improve quality standards in Education and in the Mexican Ministry of the Economy Advisory Board for International Business Trade.

Aramburuzabala Larregui is the first woman to become member of the Mexican Stock Exchange Board (2003–2006), as well as being the first woman designated as Chairman of the Board of Siemens Mexico (2003–2006).

Aramburuzabala Larregui has received many awards, both in Mexico and abroad.^{[citation needed]} Notable awards are: Private Sector Professional Merit Award granted by the ITAM's Alumni Association (2003): The Golden Plate Award granted by the Academy of Achievement in 2004; "2000 Women of the Year" granted by the Mexican Expansion Magazine; "The Leading Women Entrepreneurs of the World" granted by Star Group (1998); the "2005 Women's Medal" granted by the Anahuac University and the "2004 Mont Blanc Businesswoman Award", among others.

With a net worth estimated at $2 billion, she is Mexico's richest woman.^[6]

References

1. ^ "María Asunción Aramburuzabala Larregui". www.economia.com.mx/. 2010. http://www.economia.com.mx/maria_asuncion_aramburuzabala_larregui.htm. Retrieved 2010-03-29. 
2. ^ Aramburuzabala y Garza se divorcian (Spanish)
3. ^ Taipei Times, 2002
4. ^ Forbes, 2001.
5. ^ "Maria Larregui: Executive Profile & Biography - BusinessWeek". investing.businessweek.com. http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=8079295&ric=TLVACPO.MX&previousCapId=813607&previousTitle=America%20Movil%20SAB%20de%20CV. Retrieved 2009-07-21. 
6. ^ "The World's Billionaires: #488 Maria Asuncion Aramburuzabala & family". Forbes. March 8, 2007. http://www.forbes.com/lists/2007/10/07billionaires_Maria-Asuncion-Aramburuzabala-family_7HVI.html. 

External links

• "#488 Maria Asuncion Aramburuzabala & family". The World's Billionaires. Forbes.com. March 8, 2007. http://www.forbes.com/lists/2007/10/07billionaires_Maria-Asuncion-Aramburuzabala-family_7HVI.html. Retrieved 2008-08-23. 

• NY Times New Service (July 21, 2002). "Mexican tycoon excels in man's world". Taipei Times: p. 11, Page 11. http://www.taipeitimes.com/News/biz/archives/2002/07/21/149142. Retrieved 2008-08-23. 

• Gregory, Sean By SEAN GREGORY (August 25, 2002). "World Beaters: Maria Asuncion Aramburuzabala — Queen of Corona". TIME. http://www.time.com/time/magazine/article/0,9171,344032,00.html. Retrieved 2008-08-23. 
• "M.A. Aramburuzabala", Forbes, October 2006.
• "Brewing Change" by Monica Showalter, Forbes, June 18, 2001.
• "Data: M.A. Aramburuzabala", BusinessWeek, July 10, 2000.
• "Cracks in Mexico's Glass Ceiling" by Elizabeth Malkin, BusinessWeek, July 10, 2000.

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Name	Aramburuzabala, Maria Asuncion
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Date of birth	May 2, 1963
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