People Moves: DigitalBridge appoints Bernardo Vargas Gibsone as Head of Latin America

Press Release - DigitalBridge Group, Inc. (NYSE: DBRG) today announced it has appointed Bernardo Vargas Gibsone as Managing Director, Head of Latin America. In this role, Mr. Vargas will oversee the growth of the Company's Latin American investment management business.

Mr. Vargas is a seasoned infrastructure investor and operator, bringing more than three decades of relevant industry experience and transaction expertise to DigitalBridge. He most recently served as Chief Executive Officer of Interconexion Electrica S.A. E.S.P. (ISA Group), a $12 billion publicly traded, diversified infrastructure operator with interests in energy transmission, road concessions, and communications infrastructure. Mr. Vargas led a team of over 4,000 employees across Latin America, achieving unprecedented growth and strong financial results, underscored by a fivefold increase in ISA's share price during his tenure. Mr. Vargas also led ISA's environmental and social initiatives, resulting in ISA's inclusion in the Dow Jones Sustainability Indices and achieving a bronze medal among LATAM companies in 2020. 

As DigitalBridge's Head of Latin America, Mr. Vargas will work alongside the existing DigitalBridge team with a focus on originating and integrating new investment opportunities in the Latin American market, as well as providing ongoing support for DigitalBridge's existing investments in the region. 

"I am delighted to welcome Bernardo to our growing DigitalBridge team as we continue strengthening our presence in Latin America," said Marc Ganzi, Chief Executive Officer of DigitalBridge. "In addition to his impressive track record of innovation and execution, Bernardo has consistently demonstrated his commitment to excellence in corporate governance and sustainability. We have a robust pipeline of opportunities in this important and rapidly growing region, and Bernardo will strengthen our team's execution capabilities and ensure we continue creating value while improving the communities in which we operate." 

"DigitalBridge is the preeminent global digital infrastructure investment firm, and I am excited to join at such a pivotal time in the Company's growth trajectory," said Mr. Vargas. "I look forward to working with DigitalBridge's talented team as we continue expanding in Latin America and providing value-add expertise and capabilities to our portfolio companies."

Source: Bloomberg UK