Correos de Chile set for leadership change

The president of Correos de Chile, Domingo Cruzat Amunátegui, is set to leave the company with an appointment to chairman of the country’s economic development agency, Sistema de Empresas (SEP). Cruzat will still keep an eye on the activities at the state-owned postal operator, since Correos Chile reports to the SEP.

A civil engineer with a degree from the University of Chile and an MBA from The Wharton School at the University of Pennsylvania, Cruzat started his career in the timber industry at CELCO before taking roles at companies including Procter & Gamble and BellSouth Chile.

He was appointed president of Correos de Chile a year ago this month.

In his short tenure at the Post, he initiated an $18m investment programme that has sought to position Correo de Chile as a profitable company providing high quality services, while maintaining an important social development role.

The plan has been to consolidate some post office branches and construct new processing facilities, using new technology particularly in key growth areas like courier services.

Cruzat’s appointment at SEP was reported by Chilean media last week, and although it is yet to be officially confirmed by the government. SEP oversees 23 state-owned companies that manage port infrastructure, sanitation, transport and other services.

The previous SEP chairman, Sergio Guzman, resigned unexpectedly earlier this month.

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