The People

Mr. Borges is an executive leader with extensive experience in within regulatory, legal and executive management roles in the telecom and media broadcast sectors in Brazil and LATAM. Mr. Borges serves as the President for Brazil and LATAM, responsible for leading ICARO’s overall growth and strategy in Latin America.  He has held executive posts with top telecom and media broadcast companies that include Oi, Globo, and NET Servicos de Comunicacao (later acquired by Claro S/A, an América Móvil subsidiary in Brazil).  Mr. Borges also served as Brazil’s Secretary of Telecommunications, where he coordinated revisions to the Brazilian Telecommunications General Law and oversaw the consolidation of all telecommunications policies and regulations. Mr. Borges started his career as a lawyer and legal manager at Alcoa before becoming a partner at Tozzini, Freire, Teixeira e Silva Advogados Law Firm.

Mr. Forero is a seasoned financial executive with a track record of successfully leading Nasdaq IPO processes and helping companies find financial stability and rapid growth. Mr Forero serves as Chief Financial Officer, responsible for overseeing all aspects of financial reporting, financial  analysis, and financial stability of the ICARO organization. He brings more than 26 years’ experience in senior financial management positions in the US and Latin America in industries such as technology, energy, media, telecommunications and investment banking. Mr. Forero spent ten years in high finance management roles with British Petroleum (NYSE: BP) and Mapfre Insurance (BMADMAP). In addition, Mr. Forero was the CFO for Masa Global Insurance company, BG Capital Group (private equity), and Senior Nannies Health Care Group.