Curriculum Vitae. Doctor Santillán currently holds a Full Professor position at EGADE- ITESM (Equis, AACSB, PIM) (

Transcripción

1 Curriculum Vitae Roberto J. Santillán Salgado, Ph.D. Doctor Santillán currently holds a Full Professor position at EGADE- ITESM (Equis, AACSB, PIM) ( He occupied the position of Director of the Master of Science in Finance Program at EGADE-ITESM during the period 1998 through Also, permanent Professor of the Virtual University of ITESM ( since 1997, as well as Visiting Professor at the ESC Lille, Feance and the Universidad Diego Portales, Chile. He frequently lectures in Europe, the United States, Thailand, and other South American countries. Some of the courses Dr Santillán teaches include Corporate Finance, International Finance, Money and Capital Markets, Derivatives (Futures, Forwards, Options, Swaps, etc.) and an advanced Seminar of Cases in Finance (a capstone course for the Finance specialization of MBA programs). Office telephone: (52-81) ; roberto.santillan@itesm.mx Office Adress: Escuela de Graduados en Administracion y Dirección de Empresas (EGADE), Instituto Tecnológico y de Estudios Superiores de Monterrey; Av. Fundadores y Rufino Tamayo, Valle Oriente, Garza García, Nuevo León, CP Home telephone: (52-81) Home address: Gijon 130, Col Bosques de las Cumbres, Monterrey, NL, Mexico, C.P Dr. Santillán is happily married, and has two daughters, 14 and 15 years old.

2 AREAS OF INTEREST: Corporate Finance, Investments, International Finance, Financial Institutions, Capital Markets and Strategic Management. EDUCATION: Ph.D., in Business Administration, University of Texas at Austin/Instituto Tecnologico y de Estudios Superiores de Monterrey, December, Post-Doctoral period at the Finance Department at the University of Texas at Austin ( ). Doctoral Dissertation: Mexican banks stock performance during the banking privatization process ( ), M.B.A., Instituto Tecnologico y de Estudios Superiores de Monterrey, Mexico, Masters Degree in Public Administration, Universidad Autonoma Metropolitana, Thesis: Employment in the Economic Theory and Policy; a Case Study in Mexico., Bachelor s Degree in Economics, Honor Mention, Universidad Nacional Autonoma de Mexico, Thesis: Energy: Present Situation and Perspectives; its Recent Importance in Mexico.,1981. ACADEMIC EXPERIENCE: Sabbattical Period (full academic year): École Superieur de Commerce- Lille, Francia, Agosto 2004-Junio Visiting Professor: IESC, Robert Schuman University, Strasbourg, France, February Visiting Professor: Copenhaguen Business School, Denmark, June-July of 2004 and Visiting Professor: Faculty of Business and Accounting, Thamassat University, Bangkok, Thailand, Mayo-Junio 2005.

3 Visiting Professor: Pace University, New York, holder of the J.P. Morgan Chair for Visiting Professors, July-August Visiting Professor: at the University of Texas at Austin, July-August Visiting Professor: at the Universidad Belgrano, Buenos Aires, Argentina, August Visiting Professor: at the Ecole des Hautes Etudes Commerciales, Montreal Canada, Summer Visiting Professor: at the Ecole Nationale des Ponts et Chausses, participated in its Master of International Business Program in Paris, Casablanca and Tokio, between May 1999 and January Visiting Professor: at the University of San Diego, California, Summer Visiting Professor: at the Escuela Militar de Ingenieria, La Paz, Bolivia, in several ocassions since Visiting Professor at the Business School of Tulane University, New Orleans, Summer, Professor of Finance at the Graduate School of Business and Leadership, Instituto Tecnologico de Monterrey, September Visiting Professor at the Business School, Catholic University of Chile, Santiago, Visiting Lecturer at the University of Texas at Austin, during 1994, 1995, and the Summer of Professor of Finance, Economics and Strategy at the Central Veracruz Campus of the Instituto Tecnologico y de Estudios Superiores de Monterrey, August 1991-July 1994 Professor of Finance and Economics at the Graduate School of Business of the Instituto Tecnologico y de Estudios Superiores de Monterrey, August July Invited Lecturer for the Finance Diploma Degree program of the I.T.E.S.M.- E.G.A., Mexico City Campus.1989.

4 Invited Lecturer to the Finance Diploma Degree courses at the Tecnologico de Estudios Contables y Administrativos (Financial Markets and Instruments), Mexico City,1987. Full Time Researcher at El Colegio de Mexico, in the Energy Program, RESEARCH: Published : 1. Santillán Roberto and Martínez, Jorge Measuring Business Risk through Cash Flow at Risk: Modeling and Hedging Choices in a MNE from an Emerging Country, Revista de Investigación Multidisciplinaria. 2. Santillán, Roberto (2005), Concentration and Internationalization of the Mexican Banking Sector, Latin American Financial Markets: Developments in Financial Innovations International Finance Review, Volume 5, , Elsevier, Santillán Roberto J., Application of the Real Options Methodology to Value a Cement Firm s Acquisition, Mexican Journal of Economics and Finance, Santillán, Roberto (2005), Global and local concentration patterns in banking: an analysis of the EU, the US and Mexico, Latin American Review, Volume 6, Number 1, Santillán, Roberto J. Monetary Union, Banks Strategies and the Future of Finance in North America, International Management, VOL 8, #1, Autumn Santillán, Roberto; Justo Montenegro; El Sistema Privado de Pensiones en Chile y su Relación con el Mercado de Capitales, Chapter in book III Encuentro de Finanzas, Published by the Universidad de Santiago de Chile, Pearson Education, 2004.

5 7. Masaaki Kotabe, Hildy Teegen, Preet S. Aulakh, Maria Cecilia C. Arruda, Roberto J. Santillan-Salgado, and Walter Green, "What Latin American Firms want in Strategic Alliances," chapter in book, Masaaki Kotabe and Ricardo P.C. Leal, editors, Market Revolution in Latin America: Beyond Mexico, Oxford: Elsevier Science, 2001, pp Kotabe, Masaaki; Hildy Teegen; Preet S. Aulakh; M. Cecilia Coutinho de Arruda; Roberto Santillan, and Walter E. Greene, "Strategic Alliances in Emerging Latin America: A View from Brazilian, Chilean, and Mexican Companies," Journal of World Business, 35, Summer 2000, Santillán, Roberto (1998) Compañía Manufacturera de Papel y Cartón. Chapter in the book La Nueva Empresa Chilena, published by the Pontificia Universidad Católica de Chile. 10. Fish, Kelly; Carlos Ruy Martínez; Roberto Santillán, (1998), International Marketing Internet in the Classroom (MIC): A Global Approach to the Group Case Method, Marketing Education Review, Volume 8, Number 2 (Summer 1998). Under Review: 1. The Wealth Effects of Mexican Banks Privatization Announcement, Journal of Money and Banking, en co-autoría con la Dra. Laura T. Starks, de la University of Texas at Austin. (Research sponsored by the Research Fund of the Escuela de Administración de la Pontificia Universidad Católica de Chile). 2. The Behavior of Chilean Privatized Firms Stock Prices during , Ab Ante, Revista de Investigación de la Escuela de Negocios de la Pontificia Universidad Católica de Chile. (Research sponsored by the Research Fund of the Escuela de Administración de la Pontificia Universidad Católica de Chile). Editorial activity: Referee for the Latin American Business Review, official publication of the Business Association for Latin American Studies (BALAS).

6 Editor of the weekly report on Central Banking for New Economic Papers (NEP) since General information on the NEP project including subscription information can be obtained at: Participation in conferences: 1.- "A Benchmarking Report On Strategic Alliances Of Latin American Firms With Foreign Partners Based On A Survey Of Brazilian, Chilean And Mexican Firms", Business Association Of Latin American Studies, Rio de Janeiro, Brazil, "Chilean Firms Strategic Alliances With Foreign Partners: An Interpretative Analysis", Conferencia Latinoamericana De Escuelas De Administacion, Santiago, Chile, "Stock Market Wealth Effects In The Chilean Privatization Ipos, ", Conferencia Latinoamericana De Escuelas De Administracion, Monterrey, Mexico, "The Wealth Effects Of The Mexican Banks Privatization Announcement", Business Associaton Of Latin American Studies, Ponencia Por Contribucion, Mexico, "A Simulation Study To Evaluate The Adequacy Of Simple Return Generating Models In The Mexican Market", Conferencia Latinoamericana De Escuelas De Administración (Cladea), Santo Domingo, Dominican Republic, "The Real Options Approach To Strategic Investments Decision Making", Congreso De La International Society For The Interchange Of New Ideas, Mexico City, "Effects Of The Banking Deregulation On The Financial Intermediation Spread Of Commercial Banks In Mexico, ", Business Association Of Latin American Studies (Balas), Caracas Venezuela, 1999

7 8.- "Preliminary Results Of A Simulation Study To Evaluate The Adequacy Of Simple Return Generating Models In The Mexican Market", IV Congreso De Administración En México: Teoría Y Praxis, Mexico, "Modelo Para La Evaluación De Las Sociedades De Inversion Comunes Que Operan En Mexico", V Congreso De Administración En México: Teoría Y Praxis, Guadalajara, Mexico, "Evaluación Del Modelo APT Para México", Business Association Of Latin American Studies (Balas), Mexico, "Real Options Methodology For Valuation Of Investment Projects", Business Association Of Latin American Studies (Balas), USA, "El Sistema Privado De Pensiones En Chile Y Su Relación Con El Mercado De Capitales", IV Encuentro De Finanzas De La Universidad De Santiago De Chile, Chile, "Aplicación De La Metodología De Opciones Reales A Un Proyecto De Flexibilidad Tecnológica", Congreso De Investigación Y Extensión Del Sistema Tecnológico De Monterrey, Ponencia Por Contribucion, Mexico, "Application Of The Real Options Methodology To Value A Cement Firm's Acquisition", International Society For The Interchange Of New Ideas, Lille France, Measuring Business Risk Through Cash Flow At Risk: Modeling And Hedging Choices In A Multinational Company Based In An Emerging Country, Risk Management In Emerging Countries Conference At The Esc-Eap-Cerale, Paris, Octber 2004.

8 Thesis Advisor PhD level: Master s Degree: 1. Velarde, Jorge, Mexican Stock Market: Macroeconomic Variables and their Impact on Sectorial and Individual Stock Performance, Valdez Cervantes, Alfonso, Diversificación Corporativa y su Desempeño Económico: Un Análisis Longitudinal Bajo el Esquema de Valor Económico Agregado, in process. 1. León Rodrigo, (2003), A que responden los Cambios en las Estructuras de Capital Corporativo? (Elementos para el Análisis de Estructuras de Capital en las Empresas de la Bolsa Mexicana de Valores). 2. Aguilar Eloy y Alexandra Rodríguez, (2002) Aplicación de la metodología de opciones reales para la valuación de un proyecto de tecnología flexible de generación de energía. Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 3. González García, Angel César, (2002), Análisis del modelo de Costo de Acarreo para la valuación de los Contratos de Futuros del Peso Mexicano en el Chicago Mercantile Exchange. Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 4. Palazuelos, Edgar Alfonso (2001) Desempeño de las Acciones Valiosas Vs. Acciones Glamourosas en el mercado accionario mexicano. Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 5. Sarabia, Edna (2001), Aplicación de la Metodología de Opciones Reales para la Valuación de una Nueva Tecnología en la Industria Siderúrgica, Programa de Maestría en Finanzas, ITESM, Campus Monterrey.

9 6. Cabello Elizondo, Javier David (2001), Análisis de cuatro modelos existentes para la predicción de problemas financieros en instituciones bancarias en los Estados Unidos. Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 7. García, D., y Erik Salas (2000). Aplicación del EVA en dos empresas mexicanas. Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 8. Lopez D.A. y Justo Montenegro (2000) Análisis de la evolución del sistema privado de pensiones en Chile y su relación con el mercado de capitales, Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 9. Bovio, Brenda y Maricela García, (1999) Determinantes de la Estructura de Capital de las Empresas Mexicanas, Programa de Maestría en Finanzas, ITESM, Campus Monterrey. 10. Andrade Martínez, Marcela. A. (1999) Análisis de las sociedades de inversión comunes que opera en México: Una propuesta de evaluación, ITESM, Campus Monterrey. 11. López Guadalupe y Cora Navarro C.(1999) El APT: Evidencia empírica para México, Programa de Maestría en Finanzas, ITESM, Campus Monterrey. [Esta tesis fue premiada como Primer Lugar por la Financial Management Association, Capítulo Monterrey, en la categoría de Tesis.] 12. Jansen, J. (1998) Evaluación de los efectos de la desregulación bancaria en el desempeño de la banca comercial en México período , ITESM, Campus Monterrey. 13. Montemayor, E. y Pamela Tatun, (1998) Capital de riesgo como alternativa de financiamiento en México, Programa de Maestría en Finanzas, ITESM, Campus Monterrey.

10 14. Villarreal Samaniego, Jesus Dacio (1999) El Efecto Tamaño y la Anomalía Valor-Crecimiento en el Mercado Bursátil Mexicano, PGADE, Universidad Virtual, ITESM, Campus Chihuahua. PROFESSIONAL EXPERIENCE: Consulting work: Fondo de Inversion Veracruz, Veracruz, Mexico, Definition of the Strategic Mission of this investments company. Government of the State of Veracruz, Mexico, Diagnosis of strengths and weaknesses in the Financial Sector of that state in order to define its adequate future strategy in face to the new conditions created by NAFTA. Government of the State of Tlaxcala, Mexico, This project also had the objective to diagnose the Financial Sector of that state as a departure point to define a successful strategy under the new conditions created by NAFTA. Metalurgica Veracruzana, S.A., Mexico, A financial analysis evaluation and operations diagnosis, as well as definition of general strategic guidelines. Executive Experience: Senior Assessor for the Executive Director of Banamex at the Department of Economic Studies, Mexico City. From July 1988 through July Economic Analyst for the Department of Credit Policies and Special Studies of the Fondo de Garantia y Fomento a la Pequena y Mediana Industria (Fund of Guarantee and promotion of the small and medium sized industry ), Nacional Financiera, Mexico City. From June 1984 through July, 1988.

11 Chief of the Department of Economic Studies of the Coordination for Harbor Operations Services of the Communications Ministry, Mexico. From January 1981 through December of that year. Economic Analyst at the Department of Employment Policies, of the Labor Ministry, Mexico City. From April 1979 through December 1980.