Puerto Rico Investment Summit

Guest Speakers


  • José Carrión José B.
    Carrión III
    HUB International
    CLC, LLC
  • Manuel A. Laboy Rivera Manuel A.
    Laboy Rivera
    Secretary of
    Economic Development
    and Commerce (DEDC)
    Managing Partner of
    Putnam Bridge
  • Iván Rodríguez Iván
    Former Major League
    Baseball catcher,
    2017 Baseball
    Home of Fame
  • Jeff Carmichael Jeff
    Caribbean Center

José B. Carrión is a proven leader, producer, and entrepreneur with more than 20 years of experience in the insurance brokerage industry, an extensive network in the Puerto Rico business community, and a deeply rooted commitment to public affairs and social development.

Born in Puerto Rico, Carrión obtained his Bachelor of Arts (BA) degree in History and Political Sciences from the University of Pennsylvania in 1992. He later pursued his business education at the Tobin College of Business at St. John's University in New York, where he obtained a Diploma in Risk and Insurance in 1994 and a Master in Business Administration (MBA) degree in 1995.

Upon graduation, he joined the Puerto Rico office of Aon Risk Services—the second-largest insurance broker in the world—where he first served as Client Service Representative and, later, Client Service Director. In 1998 he was appointed Senior Vice President and went on to become President in 2000. At Aon Risk Services of Puerto Rico, Carrión ran an office with more than $15 million in commission income across all lines during a difficult period when federal law changed to allow banks (who had been key clients) to enter the insurance business.

In 2001, Carrión co-founded his own firm—Carrión, Laffitte & Casellas—serving as lead owner and one of the principal producers of what became the second largest locally owned insurance brokerage in Puerto Rico. For twelve years, as Principal and President, Carrión played a key role in driving revenues of more than $14 million, a retention rate of more than 95%, and operating margins of 36% and positioning the firm for sale in 2012, in spite of the worst economic situation in Puerto Rico's history.

In 2012, Carrión, Laffitte & Casellas was purchased by Hub International, the largest privately owned, full-service insurance brokerage and the tenth largest brokerage in the world, with offices throughout the United States and Canada. Following the purchase, Carrión was retained in an executive leadership role as President of Hub/Carrión, Laffitte & Casellas, leading strategic planning, budgeting, and production efforts across all lines, and as member of HUB International's executive management committee.

Mr. Carrión has played myriad leadership roles in a number of professional and community organizations including the Young Presidents' Organizations, the Automobile Accidents Compensation Authority, the State Insurance Fund, the Official Spanish Chamber of Commerce, the American Cancer Society, the Ponce Museum of Art, the San Juan Rotary Club and the Salvation Army, among others.

In 2016, Carrión was nominated by House Speaker Paul Ryan and appointed by President Barack Obama Chairman of the Financial Oversight and Management Board for Puerto Rico, pursuant to the bipartisan Puerto Rico Oversight, Management, and Economic Stability Act ("PROMESA") enacted by Congress to address Puerto Rico's economic and fiscal crisis by providing the Island with the tools it needs to implement fiscal reforms, restructure its debts, embark on a path to economic recovery and restore opportunity to its people.

Eng. Manuel A. Laboy Rivera is the Secretary of the Department of Economic Development and Commerce (DEDC) and Executive Director of the Puerto Rico Industrial Development Company (PRIDCO) with the mission to attract new investment, promote the creation of new jobs and strengthening of small and medium enterprises. He is responsible for the formulation and strategic implementation of the Puerto Rico economic development plan, including competitiveness-related reform, infrastructure projects and the innovation of technology agenda. Secretary Laboy Rivera oversees over seven government instrumentalities that include agencies and public corporations.

Engineer Laboy Rivera has a Bachelor’s Degree in Chemical Engineering from the University of Puerto Rico-Mayagüez Campus, a Master’s in Business Administration from the University of Turabo in Puerto Rico. He is also a member of the College of Engineers and Surveyors of Puerto Rico, and holds s Certified Safety Professional certification from the Board of Certified Safety Professionals.

Ivan “Pudge” Rodriguez is a retired Major League Baseball (MLB) player who played at the competitive professional level for more than 21 years and who statistically is considered the greatest defensive catcher in MLB history. On the field, Mr. Rodriguez was the recipient of numerous achievements and awards, including, MLB’s all-time games leader as catcher, 7 time silver slugger winner, 2003 World Series champion (Florida Marlins), 2003 NLCS MVP, 1999 AL MVP, 14 time All-Star, 13 time Gold Glove award, Texas Sports Hall of Fame, Texas Rangers Hall of Fame, Latino Hall of Fame and his last and most prestigious award 2017 Baseball Hall of Fame!

After Mr. Rodriguez’s retirement from baseball, his love for the game endured and to this day he continues to be involved in the sport through his involvement as the Special Assistant to the General Manager of the Texas Rangers, coaching of various major and minor league ballplayers as well as his work as a sports analyst for Fox Sports South West. Off the field, Mr. Rodriguez has and continues to be a well-versed businessman taking on a wide range of investments both domestically and abroad. Pudge also enjoys donating and giving his time to many different communities and non-profit organizations because giving back is a virtue he holds close.

Nicholas Prouty is the founder and CEO of Putnam Bridge Funding, a firm engaged in the acquisition and management of distressed landmark properties in the United States and abroad. Mr. Prouty has been a real estate principal in several companies, including a General Partner of Hudson Cross Financial, a company engaged in the acquisition and disposition of foreclosed houses on a nationwide basis. In addition, he has served as an advisor to many specialty real estate companies.

Within the last year, Mr. Prouty's firm has been active in Puerto Rico and has made two significant nine figure investments. Those investments include the acquisition of Ciudadela, a mixed-use real estate development in Santurce and Puerto del Rey, the largest marina in Puerto Rico.

Mr. Prouty formerly headed acquisitions and restructuring for a $1+ billion hedge fund focused on asset based lending and real estate finance. Prior experience also includes serving as Managing Partner to a prominent family office, and as treasury analyst at Lazard Freres & Co.

Mr. Prouty is the founder of the Habitat Support Foundation, a non-profit entity based in Washington, D.C. engaged in providing non-recourse loan guarantees to Habitat for Humanity. Mr. Prouty received a Bachelor's of Arts in European History from the Claremont Colleges in Claremont, California. He is married, has two children and lives in San Juan, Puerto Rico.

Bio coming soon.

  • Noel Zamot Noel
  • Mark Curry Mark
    Sol Partners
  • Keith St. Clair Keith
    St. Clair
    Founder & Chair,
  • Pat Foley Pat Foley CEO,
    Lufthansa Technik
    Puerto Rico

Noel Zamot was recently appointed Infrastructure Revitalization Coordinator by the Puerto Rico Oversight and Management Board. He has over twenty-five years of experience in the aerospace & defense (A&D) industry, including government, commercial and startup ventures.

Zamot is the founder and president of the cyber security firm, Corvus Analytics in Bedford, MA, former Director of Air Force Programs, providing cyber security and system engineering brainpower. He provided Program Management, Systems Engineering and Subject Matter expertise to US Air Force, US Navy, US Coast Guard and Federal Government customers and directed the US Air Force’s elite Test Pilot School. He also represented the United States as Senior National Representative to NATO leadership.

He has a Masters of Business Administration in Sloan School of Management of MIT, a Masters in National Security Strategy of the National Defense University, a Masters of Science in Aerospace Engineering of the University of Michigan and a Bachelors of Science in Aeronautical and Aerospace Engineering of MIT.

Mark Curry serves as CEO of SOL Partners, providing business strategy, relationship management, software design, customer acquisition and customer service outsourcing to the online financial services sector. Prior to establishing SOL Partners, Mark helped usher in the era of online consumer finance as a partner in one of the industry's pioneering internet-based finance companies. As the original founder of the Online Lenders Alliance, the first trade association ever established to serve the fintech industry, Mark helped to develop the first legal and ethical best practices for the industry to follow. As an online lending industry pioneer, Mark is committed to providing a safe, secure borrowing experience for consumers. He serves as Chair of the Mark E. Curry Family Foundation, where he devotes his time to various community charitable organizations including San Jorge Children's Foundation, The Shade Tree, Child Focus, Camp To Belong, Red Cross, Hope House and Juvenile Diabetes Research Foundation.

Bio coming soon.

Pat Foley is CEO of Lufthansa Technik Puerto Rico. Pat served in various positions at Lufthansa Technik Shannon (formerly Shannon Aerospace) in Ireland, from 1992 to 2005. He was Chief Operations Officer at another subsidiary, Lufthansa Technik Budapest in Hungary and in 2007 he returned to Lufthansa Technik Shannon, serving as Head of Production and later Head of Aviation Services. In 2014 he was named Head of Production with Lufthansa Technik Puerto Rico, the position he held until his latest appointment as CEO of the company. Pat completed an apprenticeship as an aircraft mechanic at Shannon Aerospace. He later studied business administration at the University of Limerick, graduating with a first class honors degree.

  • Walter Keenan Walter
    Advantage Insurance
  • Edgar Ríos Edgar
    Pietrantoni Méndez &
    Alvarez LLC
  • Gabriel Hernández Gabriel
    BDO Puerto Rico
  • Francisco Luis Francisco
    Tax Partner,
    Grant Thornton LLP

Walter Keenan is Chief Executive Officer of Advantage Insurance Holdings Ltd., a leading international specialty insurance firm with offices in Puerto Rico. Advantage administers over $2 billion of insurance assets for captive insurance companies, private placement life insurance and other insurance structures.

Prior to leading Advantage's recapitalization and growth plan in 2013, Mr. Keenan was a private equity investment professional in San Francisco and New York focused on financial services investments. He began his business career as a financial analyst with Morgan Stanley in 1989.

Edgar Ríos-Méndez is an attorney. He graduated Magna Cum Laude from the University of Puerto Rico School of Law and went on to receive a LL.M. is Taxation from the New York University School of Law.

Mr. Ríos-Méndez' practice focuses on international tax matters, inbound and outbound corporate reorganizations, registered investment companies, structured investment vehicles and other complex federal, international and Puerto Rico tax law matters. He has been active in some of the major Puerto Rico tourism related projects with respect to the negotiation of tax incentive grants and the sale of tourism investment tax credits. In the Puerto Rico industrial tax incentive area, he has assisted clients in the industrial and service sectors and in recent times has actively participated in the negotiation of tax incentives for clients in the financial services industry. Edgar has acted as tax counsel in the structuring of financing transactions with borrowers located in Puerto Rico, the Baltic region, Eastern Europe and Asia.

Gabriel Hernández is the Head of the Tax Division at BDO Puerto Rico, the 4th largest local accounting firm in Puerto Rico serving a portfolio of over 600 clients through a talented group of more than 120 professionals. In the past 25 years Gabriel has become an expert in restructuring companies and operations, executing buy-sell agreements and supervising other non-tax corporate functions. Prior to founding BDO in Puerto Rico, he worked in the Tax Departments of global firms PwC, Arthur Andersen and Ernst & Young. Gabriel has specialized in providing tax consulting services to clients in all aspects of U.S. and P.R. taxation, mainly structuring mergers and acquisitions and outbound and inbound investments, including experience in assisting clients in negotiating tax exemption packages under the various tax incentive laws available in P.R.

Mr. Hernández has a Bachelor's degree in Business Administration, Major in Accounting, and Magna Cum Laude from the University of Puerto Rico.

Francisco Luis has over twenty years of experience in public accounting, including the "Big Four" and private consulting practice. He engages in the design and development of tax planning and consulting strategies and has assisted clients before the International Revenue Service, the Puerto Rico Treasury Department, the Municipal Revenue Collection Center, and various municipalities.

He is a former president of the San Juan Chapter of the Puerto Rico State Society of Certified Public Accountants, past member of the Board of Directors and has also led various committees, including Strategic, Planning, Ethics and Regulations.

He is a graduate of the University of Puerto Rico with a bachelor's degree in business administration, major in accounting. He obtained his Juris Doctor degree from the University of Puerto Rico Law School.

  • Mark Leeds Mark
    Tax Partner,
    Mayer Brown LLP
  • David Barnes David
    Global Equity
    Linked Products,
    Royal Bank of Canada
  • Frank Holder Frank
    Berkeley Research
  • Ryan Christiansen Margaret
    International Realty

Mark H. Leeds is a Tax Transactions & Consulting partner in Mayer Brown's New York office. His practice is focused on the tax consequences of a variety of capital markets products and strategies, including over-the-counter derivative transactions, swaps, tax-exempt derivatives and strategies for efficient utilization of tax attributes—such as net operating losses. Mark advises on the tax aspects of capital markets, structured finance, derivatives, financial products and insurance transactions and has extensive experience working with both buyers and sellers to develop and structure complex derivatives. He also advises on hedge fund and other investment vehicle formation matters.

Mark is a former managing director and senior tax counselor with Deutsche Bank in New York. He was a partner at Deloitte & Touche, where he led the capital markets tax practice. Mark is a frequent writer and speaker on tax topics affecting the capital markets.

David Barnes has an MBA with a concentration in Economics and Finance from the Schulich School of Business in Toronto. Ten years ago David began his career in equity derivatives as a Structured Note sales person at a competitor firm in Canada. Since joining The Royal Bank of Canada in 2007 David has helped grow all aspects of the Structured Note business in Canada and the United States. David’s role is includes working with trading and quantitative staff in Toronto, New York and London on new product creation as well as developing and maintaining client relationships at various wealth management firms, family offices and institutions across North America.

Frank Holder is the managing director of BRG's Latin America Practice. He has directed corporate investigations and security consulting assignments in Latin America and the United States including due diligence and reputational investigations related to politically motivated allegations and defamation campaigns, and hostile takeovers among others. As a security expert, he has designed the security for international airports, seaports, and many more.

Before joining BRG, Mr. Holder was the chief executive officer of Holder International and president of Kroll Inc.'s Consulting Services Group, responsible for operations in more than 35 countries. He was the president of Holder Associates in Buenos Aires.

Mr. Holder began his career with the U.S. Air Force as a political-military analyst for the U.S. embassy in Argentina and as a special agent for the Office of Special Investigations.

He is an accomplished public speaker and has written articles on similar topics for U.S. and Latin American newspapers.

After 28 years as Senior Vice President and Associate Broker with Sotheby's International Realty in New York City, Margaret gracefully transitioned to become Founder/President of Puerto Rico Sotheby's International Realty, located in San Juan, Puerto Rico. A seasoned, savvy and skilled negotiator, Margaret has sold in excess of $700 million worth of properties and has created stellar sales including the most recent sale of 5th Avenue property selling at $32,000,000 substantially above the asking price and featured in the Wall Street Journal.

Margaret speaks Spanish, English, French and Portuguese.

2017 Sponsors

2017 Sponsors Ranger American
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