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Alejandro Betancourt López

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Alejandro Betancourt López
Born1980
Caracas, Venezuela
Alma materSuffolk University of Massachusetts
Occupation(s)Chairman and CEO of Derwick Associates
Spouse Andreína Rojas ​(m. 2012)
WebsiteDerwick

Alejandro Betancourt López (born 1980, Caracas, Venezuela) is a Venezuelan businessman. He serves as Chairman and CEO of Derwick Associates, an engineering, procurement and construction company.

Family

Alejandro Betancourt Lopez is the great grandson of Hermógenes López. Mr. Lopez was the 22nd President of Venezuela in the 19th Century. Mr. Lopez is one of persons responsible for bringing electricity to Valencia, at the time the most important State of Venezuela.

Present

In October 2013, Spanish newspaper ABC published on its news pages about how Alejandro Betancourt López, whom it nicknames a "bolichico" stands accused of "influence trafficking" and "bribery payments", and that Derwick Associates was being sued alongside López for corruption. Two months later, in January 2014, ABC the same newspaper published in its business supplement an interview with Betancourt López where he explained Derwick's strategy to become a major supplier of technology for Latin-America.

Awards

In December 2013, Betancourt received the award issued by the Spanish magazine Capital for the "best technological initiative in Latin-America". The award recognized the construction of Derwick's TTC (Turbine Technology Center), which is located in an industrial area of Guácara, Carabobo State in Venezuela, measuring 10.000m2, with garages, offices and a training facility.

Accusations of bribery

Betancourt has been sued in New York Federal Court under the Racketeer Influenced and Corrupt Organizations Act by Washington businessman Otto Reich who alleged that Derwick Associates executives (including Betancourt) defamed him and caused his own consulting business to suffer financial losses. Reich claimed Derwick paid bribes for every contract received from the Venezuelan government.


External links

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  1. Article regarding Derwick Associates (paywalled; in Spanish), kioskoymas.abc.es; accessed 6 April 2014.
  2. ABC. "Venezuela tiene mucho potencial si la entiendes" (in Spanish). Retrieved 24 October 2014.
  3. Globovision. "Derwick es galardonada con el Premio a la Mejor Iniciativa Empresarial Latinoamericana de la revista Capital" (in Spanish). Retrieved 24 October 2014.
  4. Wall Street Journal report on New York lawsuit against Derwick Associates and Betancourt, wsj.com; accessed 4 April 2014.
  5. Wall Street Journal report on Otto Reich allegations, wsj.com; accessed 4 April 2014.
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