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Roberto Alcántara

Roberto Alcántara Rojas
Roberto Alcántara Rojas.jpg
Born Roberto Alcántara Rojas
(1950-04-19) April 19, 1950 (age 67)
Acambay, Mexico
Nationality Mexican
Occupation Businessman
Parent(s) Jesús Alcántara Miranda

Roberto Alcántara Rojas (born April 19, 1950 in Acambay, Mexico) is a Mexican entrepreneur and businessman, mainly dedicated to passenger transportation through land and air services. He is the Chairman of the Board of Directors of Grupo IAMSA, one of the main passenger transportation consortiums in Mexico. He also has a 9.3% stake in the media conglomerate Grupo Prisa.

Roberto Alcántara is the son of the politician and businessman Jesus Alcántara Miranda, who was mayor of Acambay, located in the State of Mexico and twice a federal congressman and senator. His grandfather, Manuel Alcántara, also served as senator and mayor in 1927 and, according to the chronicler Edgar Serrano, he brought electric light to the village.

Roberto Alcántara was an entrepreneur even during his childhood. With only 10 years old, he sold corn, lemonade and candies in the town market; an addition he used to sell women's stockings house by house.

Alcántara studied high school at the Franco Spanish School in Mexico City. Subsequently, his father commissioned him the business of a nixtamal mill. He was successful and soon opened several tortillerias and even established a corn transport company. Nonetheless, at the age of 29, he joined the bus company founded by his father: Grupo Toluca.

In 1990, Grupo Toluca partnered with Grupo Flecha Amarilla, a transportation company started by the Herrera family and renowned Mexican entrepreneurs. Thanks to this union between the two main interstate bus operators in Mexico, the largest transport consortium in the country was created: Grupo IAMSA. Alcántara initially acted as an advisor in the company and together with his team he began diversifying the business by entering into the luxury land transportation sector with the ETN bus line.

In August 1991, when the privatization of the Mexican bank system was announced, the Alcántara family bought Bancrecer, a financial institution. Bancrecer merged with BANORO, Somoza and Cortina Casa de Bolsa in order to integrate the Bancrecer Financial Group. Roberto Alcántara was named president of the Board of Directors of this institution, a position he held during nine years.

The bank did not survive the financial crisis of 1994-1995 and the stock control was acquired by the Instituto para la Protección al Ahorro Bancario (IPAB), formerly known as the Fondo Bancario de Protección al Ahorro (Fobaproa). After reaching an agreement with the authorities, Bancrecer was finally given to the Mexican government in 1999.


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