Jorge Velasco Email & Phone Number

Mcallen, Tx, Us

Recruited to lead financial affairs of largest rural residential lot developer, mortgage financing for over 40 lending companies, and leading servicing company in the Rio Grande Valley.

Brownsville - Edinburg - Harlingen, Tx, Us

Invited to teach Macroeconomics at the Department of Economics & Finance of The University of Texas Rio Grande Valley.

Recruited to lead financial and operational restructuring of commercial real estate investment firm. Contributed to achieve a 100% increase in assets in four years through refinancings and acquisitions.

Recruited by Board President to help bring new initiatives and direction to the Board of this non-for-profit housing organization helping people living in substandard housing to acquire affordable homes at cost and no interest. • Served as Chairman from 2010 - 2012. • Served as Treasurer from 2008 - 2010. • Member of the Executive Board in charge of setting strategy from 2008 - 2014.

Mcallen, Texas, Us

Recruited to lead development activities for a large land developer with over 8,000 acres of land. Coordinated residential construction of Esperanza Homes, another subsidiary of Rhodes Enterprises. Led efforts to obtain approval of commercial traffic for the Donna International Bridge, while developing, marketing and selling four subdivisions for over $3 Million in less than eighteen months.

Started up real estate investment and advisory firm to help investors build residential and commercial mortgage portfolios collateralized by residential real estate, obtaining returns of 10% to 18% through acquisition, structuring and financing of commercial real estate. Advised builders and developers on operations, expense control, planning, and business development.

Recruited by leading private real estate investment firm in South Texas to direct operations for self-storage division, residential and commercial construction and mortgage financing. Helped self-storage division to double revenues and improve net income by 60%, while increasing residential construction from 10 to 100 houses/year and starting the mortgage division brining portfolio to $15 Million in eighteen months.

Recruited to turnaround company’s operations of one of the leading residential builders and mortgage financing companies in South Texas with annual production of 1,000 houses and revenues of $100 Million. Increased closings by 40% and Net Income by 30%, while coordinating sales of mortgage notes receivables to investors for over $50 Million.

Led management consulting assignments for companies with operations in Latin America and International companies penetrating the US Market. Advised clients in strategic, operational, and financial issues to improve their results.

Hartford, Connecticut, Us

Promoted to improve operational results of Latin American 12 subsidiaries in health care, property and casualty, life insurance, bancassurance and pension services with combined revenues $1.7 Billion. Selected by company's President to join Aetna's Top 100 Executives leadership program.Participated in M&A transactions for over $1 Billion in Argentina, Brazil, Mexico and Venezuela.Participated in Aetna International Investment Committee directing investment strategy for a $6 Billion Asian and Latin American Investment Portfolios of subsidiaries.

Monterrey, Nuevo León, Mx

Appointed to direct all financial affairs for Cemex's first Asian joint-venture. Responsible for Treasury, Corporate Finance, Comptrollers, Taxes, Procurement and IT. Helped integrate accounting reporting with headquarters within first 6 months. Negotiated reduced interest rates on two syndicated loans for $40M saving over $1M/yr.

Monterrey, Nuevo León, Mx

Received the first non-employee scholarship to attend Harvard Business School. Returned after graduation to join the Corporate Finance Group, participating in financing transactions in US, Europe and Latin America for over $1.5 Billion.

Mx

Managed a $900 Million investment portfolio diversified in fixed income, stocks, mortgages and real estate. Exceeded earnings by $10 Million in 1993. Managed mortgages and real estate function. Evaluated risk and profitability of mortgage portfolio.

Monterrey, Nuevo León, Mx

Invited by Director of Economics Department to teach two courses of Economics to classes of approximately 50-60 students every semester right after graduation. Coursework taught included: General Economics, Microeconomics and Macroeconomics.

Entrepreneurs Toolkit, Entrepreneurship/Entrepreneurial Studies

Program On Negotiation For Senior Executives, Negotiation

Mba, Strategy & Finance, General Management

Ba, Economics