Francisco Adolfo Cabrera

Francisco Cabrera
Cabrera in 2012
Ministry of Productive Development of Argentina
In office
10 December 2015 – 16 June 2018
PresidentMauricio Macri
Preceded byDébora Giorgi (Industry)
Succeeded byDante Sica (Production and Labor)
Minister of Economic Development of the City of Buenos Aires
In office
10 December 2007 – 10 December 2015
Preceded byEduardo Hecker
Personal details
BornFrancisco Adolfo Cabrera
(1955-08-16) 16 August 1955
Mendoza, Argentina
PartyRepublican Proposal (PRO)
Alma materUniversidad de Mendoza

Francisco Adolfo Cabrera (born August 16, 1955, in Mendoza) is an Argentine businessman and politician affiliated with Republican Proposal (PRO). He served as Minister of Productive Development of Argentina from 2015 to 2018. He subsequently served as president of the Bank of Investment and Foreign Trade (BICE) and as an honorary advisor to the President of Argentina.[1][2]Previously, he was Minister of Economic Development of the Autonomous City of Buenos Aires from 2007 to 2015.

Early life and business career

Cabrera is an electrical and electronics engineer. He obtained his degree from the Universidad de Mendoza in 1981.[3]He has a Master in Business Administration from the Higher School of Economics and Business Administration.(ESEADE).[4]

He began his career at Hewlett-Packard. He worked at Grupo Roberts and HSBC, where he was a board member of La Buenos Aires Seguros and Docthos and led the bank's retail sector. He was also the first chief executive officer of Máxima AFJP.[4][3][5]

Media

Between 2002 and 2007, he was Executive Director of the newspaper La Nación and served on the board of directors of Los Andes of Mendoza and La Voz del Interior of Córdoba.[3][4]

Political activity

In his youth, he was part of the Union for University Opening (UPAU), an Argentine university political group with a liberal orientation, as well as the Union of the Democratic Centre (UCeDé) party.[6][7]

Cabrera formed Fundación Pensar with Mauricio Macri, a think tank dedicated to the study of public policy, which he chaired from 2010 to 2019.[8][4]

Minister of Economic Development of the City of Buenos Aires

On December 10, 2007, he was appointed Minister of Economic Development of the City of Buenos Aires.[4]

One of the policies he implemented as city minister was the creation of Creative Districts, which concentrate specific activities linked to culture and innovation, such as the Technology District of Parque Patricios, which concentrates more than 300 information and communication technology (ICT) companies,[9][10] and the Audiovisual District (where 228 film and television production companies were established).[11]

Ministry of Productive Development of Argentina

On December 10, 2015, Cabrera was appointed Ministry of Productive Development of the Nation by Mauricio Macri.[12] His administration was organized around four pillars: "integration with the world; competitiveness and innovation; modern labor market and a simple State, allied with production".[13]

In 2016, the national government established the promotion of the automotive industry as an objective, increasing from 22% to 38% the proportion of national parts per car produced in the country.[14] He supported the Auto Parts Law project, an initiative by deputy and union leader Oscar Romero, passed in June 2016, which seeks to promote the auto parts industry by facilitating tax credits to automotive terminals, truck factories and agricultural machinery that use parts produced in Argentina.[15]

In July 2016, the SME Law was passed,[16] which provides tax benefits to small and medium-sized enterprises[17][18] and which impacted 61% of SMEs registered in the country.[19]

On April 21, 2017, he received in Madrid the Grand Cross of the Order of Isabella the Catholic.[20]

On June 16, 2018 he was replaced in his position by Dante Sica and appointed as president of the Investment and Foreign Trade Bank and Ad-Honorem advisor to President Mauricio Macri.[1]

Current activities

After leaving the ministry, Francisco Cabrera assumed the position of president of the Bank of Investment and Foreign Trade (BICE).[21] He remained in the position until January 2020.[22] During his tenure, BICE was awarded by ALIDE (Latin American Association of Development Finance Institutions) for issuing the first sustainable bond in South America, worth US$30 million, allocated to productive financing for more than 200 SMEs in Argentina.[23]

In October 2022, Cabrera participated in the IDEA Colloquium, an annual meeting of leaders organized by the Institute for Business Development of Argentina. No longer holding an official position, he stated that he was participating "in business mode".[24]

References

  1. ^ a b "El Gobierno oficializó el cargo ad honorem de Francisco Cabrera como asesor de Mauricio Macri". La Nación (in Spanish). August 14, 2018. Retrieved March 11, 2019.
  2. ^ "Francisco Cabrera, ministro de la producción" [Francisco Cabrera, minister of production] (in Spanish). La Nación. November 25, 2015. Retrieved November 30, 2015.
  3. ^ a b c "Ex CEO de AFJP y ex ejecutivo del HSBC, a Producción". Letra P (in Spanish). Retrieved March 11, 2019.
  4. ^ a b c d e "Quién es Francisco Cabrera, el nuevo ministro de Desarrollo Productivo". Ámbito Financiero (in Spanish). November 25, 2015. Retrieved March 11, 2019.
  5. ^ "CV of Francisco Cabrera". Professional Council of Economic Sciences of the Autonomous City of Buenos Aires (in Spanish). Retrieved May 25, 2023.
  6. ^ Vommaro, Gabriel; Morresi, Sergio Daniel (2014). "Hagamos equipo" PRO y la construcción de la nueva derecha en Argentina ["Let's Team Up" PRO and the Construction of the New Right in Argentina] (PDF) (in Spanish). Los Polvorines, Argentina: Universidad Nacional de General Sarmiento. ISBN 978-987-630-216-6. Retrieved 2025-12-18.
  7. ^ Vommaro, Gabriel; Morresi, Sergio; Bellotti, Alejandro (2015). Mundo PRO: Anatomía de un partido fabricado para ganar (in Spanish). Buenos Aires: Planeta. pp. 144–145. ISBN 978-950-49-4357-0.
  8. ^ "Macri presentó sus equipos técnicos con vistas al 2011" (in Spanish). Retrieved February 8, 2018.
  9. ^ Fernández Fronza, Guadalupe (April 6, 2013). "Parque Patricios: en transformación". La Nación (Argentina) (in Spanish). Retrieved March 11, 2019.
  10. ^ Rotnitzky, Nicolás (November 28, 2018). "Con 10 años y 12.000 empleados, el Distrito Tecnológico reactiva Parque Patricios". La Nación (Argentina) (in Spanish). Retrieved March 11, 2019.
  11. ^ Guarino, Lorena (November 4, 2017). "La oferta, los proyectos y los precios del Distrito Audiovisual". La Nación (Argentina) (in Spanish). Retrieved March 11, 2019.
  12. ^ "Francisco Cabrera will be Minister of Production". El Día (La Plata) (in Spanish). Retrieved March 11, 2019.
  13. ^ "Rendición de cuentas 2015-2019" (PDF). Juntos por el Cambio (in Spanish). Archived from the original (PDF) on March 3, 2022. Retrieved May 26, 2023.
  14. ^ "Memoria detallada del estado de la Nación 2016" (PDF). Argentina.gob.ar (in Spanish). Retrieved June 22, 2023.
  15. ^ "Dictamen para el proyecto de ley de autopartes". Página 12 (in Spanish). Retrieved June 22, 2023.
  16. ^ "Ley 27264 - Programa de Recuperación Productiva". Infoleg (in Spanish). Retrieved June 22, 2023.
  17. ^ "El ministro Cabrera anunció medidas para las pymes en provincias de frontera". diarionorte.com (in Spanish). May 9, 2018. Retrieved March 11, 2019.
  18. ^ "Ley PyME". Casa Rosada (in Spanish). Retrieved May 26, 2023.
  19. ^ "Cabrera resaltó que 5.200 pymes se inscribieron para obtener los beneficios de la ley del sector". Télam (in Spanish). Retrieved May 26, 2023.
  20. ^ Ministry of Foreign Affairs and Cooperation: Royal Decree 420/2017, of April 21, granting the Grand Cross of the Order of Isabella the Catholic to the Argentine personalities cited (in Spanish). Madrid: Boletín Oficial del Estado. April 22, 2017. p. 31592. Retrieved September 15, 2020.
  21. ^ "Qué es el BICE, el banco que presidirá Francisco Cabrera". El Cronista (in European Spanish). June 16, 2018. Retrieved August 2, 2023.
  22. ^ "El Gobierno oficializó a los integrantes del directorio del BICE". Ámbito Financiero (in European Spanish). Retrieved August 2, 2023.
  23. ^ "Premiaron al BICE por la emisión del primer bono sostenible de la región". Ámbito Financiero (in Spanish). May 22, 2019. Retrieved August 4, 2023.
  24. ^ "El resurgir del macrismo y la reaparición de un ex ministro, tema de debate entre empresarios en el Coloquio IDEA". Clarín (in European Spanish). Retrieved August 2, 2023.
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