Gestamp, the Spanish multinational company specializing in the design, development and manufacture of highly engineered metal components for the automotive industry, has appointed Ignacio Mosquera Vázquez as Chief Financial Officer (CFO), who has been until now Senior Vice President and Group Treasurer at Philips. His appointment has been approved by the Nomination and Compensation Committee as well as by the Board of Directors of Gestamp. Mr. Mosquera incorporation to Gestamp will be effective as of May 19th, 2022.
Ignacio Mosquera Vázquez joins the Gestamp financial structure after a long career globally among others in Spain, Luxembourg and the Netherlands. His professional background has a strong focus on Corporate Finance, Financial Planning, Structured Finance, Acquisitions and Strategy. He has experience in different sectors, including Healthcare, Telecommunications, Infrastructure and Energy, among others.
With a degree in Business Sciences from CUNEF and an Executive MBA from IESE Business School-University of Navarra (Spain), Mosquera began his career as an Associate Consultant at Bain & Company in 2000. Later, he worked in KPMG, he was deputy Director of Project Finance at Banco Popular, and Head of Financing and Risk Management at Millicom International Cellular.
For over 7 years and based in the Netherlands, he has been Senior Vice President and Group Treasurer at Phillips. As part of the transformation of Philips, Mr. Mosquera played an important role in the IPO of Philips Lighting (now Signify) and subsequent sale of the remaining shares, the divestment of Domestic Appliances as well as the acquisitions of Volcano, Spectranetics, BioTelemetry and Cardiologs. Some of his main achievements at Phillips include the optimization of the Group's balance sheet, a substantial reduction in financial expenses, the reduction of the impact of exchange rates on the Group's financials and the closing of the first revolving credit facility indexed to ESG.