Abertis has announced it has carried out a reorganisation of the management structure for its Latin American concessions with the aim of adapting the organisation to the challenges posed by the group's international expansion and ensuring the efficient integration of its businesses.

To this end it has proposed the appointment of David Díaz, currently Managing Director of Toll Roads América, as the new Chief executive Officer of Arteris, the company's Brazilian toll roads subsidiary. David Díaz will manage the company from its headquarters in Sao Paulo. The appointment of the new Chief Executive Officer of Arteris will be made over the coming weeks once the corresponding administrative procedures have been completed. The current CEO of Arteris, José Carlos F. de Oliveira, will become the non-executive President of the board of this company.

The management reorganisation also entails the creation of the toll road unit in Chile, which will be headed by Luis Miguel de Pablo. He will also report directly to the CEO of abertis. The Managing Director will be responsible for all abertis's toll road concessions in Chile, which now extend over 700 kilometres in length following the latest acquisitions from OHL. The new Chile Toll Roads Department is in addition to the existing units in Spain and France, headed by Josep Lluís Giménez and François Gauthey respectively.

Finally, abertis has also created a new Rest of the World (ROW) Concessions Department, which will be headed by Carlos del Río - currently Managing Director of abertis airports- , and which includes all abertis's shareholdings in toll roads in other countries, along with the current airports business unit.

US Toll Roads, Argentina Toll Roads, Puerto Rico Toll Roads and the company's shareholdings in the Coviandes (Colombia) and RMG (United Kingdom) concessionaires all form part of the new Rest of the World (ROW) Concessions Department.

Source: abertis