INDESA - Key Persons


Alex Diamond

Job Titles:
  • Economic Research and Advisory Director

Felipe Chapman - CEO, Chairman

Job Titles:
  • Chairman of the Board
  • Chairman of the Board of Directors
  • Managing Partner
With 30 years of profesional experience, Felipe is Managing Partner and Chairman of the Board of INDESA, a Panamanian firm specialized in economic research and analysis; business intelligence tools; strategic and financial advisory; investment banking or corporate finance services: valuations, fairness opinions, mergers and acquisitions, financial structuring, equity and debt raising. Prior to INDESA, Felipe was Chairman and CEO of the Panama Stock Exchange, Latin Clear and Latinex Holdings. He is currently member of the board of directors of the following: Grupo Eleta, Medcom Corporation, independent director of Banistmo, Panama chapter of International Transparency and Panama Psoriasis Foundation. Felipe Chapman has an Economics Arts Bachelor from Brown University and MBA from INCAE Business School.

Frederick A. Obediente - CEO

Job Titles:
  • Managing Partner
  • Secretary

Guillermo O. Chapman

Job Titles:
  • Member of the Board of Directors
  • Senior Partner

Guillermo T. Henne Motta

Job Titles:
  • Director

Joseph Fidanque III

Job Titles:
  • Director

Luis A. Navarro - CEO

Job Titles:
  • Managing Partner
  • Vice Chairman of the Board of Directors
Mr. Navarro has an undergraduate degree in Engineering Management and Mechanical Engineering from the University of Missouri-Rolla. He also has a Masters degree in Industrial Engineering from Virginia Tech University. He is a graduate of Harvard's Business School Advanced Management Program and has attended multiple HBS Corparate Finance and Strategy programs. Served as President of the American Chamber of Commerce (AMCHAM), President of the Banking Association of Panama and Treasurer of the Chamber of Commerce and Industires of Panama. Also, he has actively participated in various boards of directors of companies with broad shareholding bases as President of Corprensa and President of Compañia Inmobiliaria San Felipe. Furthermore, participated on the boards of directors of: Dicarina, Machetazo, Grupo Mi Financiera and BAC International Bank, Inc.

Marco A. Fernández

Job Titles:
  • Partner
Economist graduated from the Universidad de Los Andes and Ph.D. in Economics from the University of Manitoba. Dr. Fernandez has been a visiting professor of the INCAE Business School since 1989 and member of several Boards of Directors. Member of the Board of Advisors and Partner of INDESA. For the last twenty-five years Dr. Fernandez has provided analysis of the business climate of Panama and of other Latin American countries. He has published several articles and papers on dollarization, fiscal sustainability, international financial integration and business strategies for financial institutions.

Ricardo Roux

Job Titles:
  • Director