Claudio A. Bonilla, Ph.D.
Partner and Lead Consultant
Ph.D. in Economics, University of Texas at Austin, USA.
Master in Economics, University of Texas at Austin, USA.
Degree in Management Control and Information Engineering, University of Chile.
Accounting Degree, major in Auditing, University of Chile.
Full Professor at the School of Economics and Business of the University of Chile
Registered as a Consultant in the Director Register of the Pension Commission of Chile, and a member of the Risk Rating Commission on behalf of pension fund managers. Former Department Director of the University of Chile and Vice-Dean of the Universidad del Desarrollo.
Bonilla has more than 15 years of consulting experience in Chile, Colombia, Peru, Ecuador and Bolivia, to name a few, and has collaborated with institutions such as the IDB, Ministry of Finance of Chile, Office of the Chilean President's Chief of Staff, the Undersecretary of Finance, the Budget Office, the Securities and Insurance Commission, the Electricity and Fuels Commission, the National Energy Commission, the Production Development Association of Chile (CORFO), InnovaChile, the Technical Cooperation Service (Servotec), FOSIS (Social Investment and Solidarity Fund), the Association of Pension Fund Managers of Chile, the Association of Express Transport of Chile, the National Chamber of Commerce of Chile, the Chilean Postal Service, AFP Cuprum, AFP Capital, Emprender (Entrepreneurship) Foundation, the Concessionaire of the East Americo Vespucio Road, Las Americas Administradora de Fondos de Inversion, BTG Pactual Administradora de Fondos de Inversion and OHL Concessions.
Bonilla's work has involved: determining the capital cost of regulated companies; expressing an opinion in insurance lawsuits; assessing the impact of public policies; analyzing the entrepreneurship development policies; regulation of the financial market; appraisal of companies; and transfer pricing. He has also been an expert witness on damages to institutional investors in lawsuits.
Bonilla is an expert in financial economics and is a member of the American Economic Association. He has published more than 30 articles in diverse academic journals and magazines, such as the European Journal of Operational Research, Macroeconomic Dynamics, Economic Modelling, Scientometrics, Management Decisions, Finance Research Letters, Emerging Markets Finance & Trade, Economics Letters, Applied Economics, Public Choice, Family Business Review, The Manchester School, and Applied Economics Letters.
Claudio has earned several honors, including Outstanding Management Control and Information Engineering Graduate at the University of Chile, awarded by the Graduates Association (2004), Young Leader of Today, by El Mercurio (2007), Dean's Chair for scientific productivity (2010) and Outstanding Graduate of the School of Economics and Business of the University of Chile, given at the celebration of the school's 80th anniversary (2015).
Jean Sepulveda, Ph.D
Associate Consultant
Ph.D. in Economics, North Carolina State University, USA
Master in Economics, State University of New York (SUNY), USA
Business Engineering degree, University of Talca
Jean is expert in financial macroeconomics and time-series econometrics. He has significant experience in estimating demand and in financial risk analysis. He is currently also a research professor at the Universidad del Desarrollo.
Patricio Navarro, M.Sc.
Senior Consultant
Master in Sociology, Catholic University of Louvain, Belgium
Master in the Science of Work, Catholic University of Louvain, Belgium
Sociology degree, University of Chile
Patricio has more than 30 years of consulting experience and is an expert in public policy, program assessment and qualitative research methods. He has been involved in many projects for the design, evaluation and tracking of public intervention. Patricio has developed national and international consulting relations with clients such as the World Bank, ECLAC, IDB, the Budget Office of Chile, the Mexican Government and INPROA. He is also a university professor.
Marcos Vergara F., Ph.D
Associate Consultant
Ph.D. in Economics, University of Chile
Master in Economics, University of Chile
Master in Finance, University of Chile
Degree in Management Control and Information Engineering, University of Chile
Marcos is an expert in applied econometrics, productivity and efficiency studies. He has been a financial consultant on many occasions to private and public enterprise in Chile. He is currently also a research professor at Universidad del Desarrollo.
Guisela Gallardo, M.Sc.
Senior Consultant
Master in Finance, University of Chile
Business Engineering degree, University of Chile
Guisela's expertise is in the appraisal of companies and estimation of capital costs. She has more than 10 years of consulting experience and has participated in regulatory processes as a capital cost and profitability advisor to both participating private companies and the particular regulatory agency. She has appraised companies from different market sectors. Other work has included estimating economic damages and advising on regulatory accounting for clients such as: Movistar, the Sanitary Services Commission, CMB-PRIME Administradora de Fondos de Inversion, Las Americas Administradora de Fondos de Inversion, Moneda Asset, INVERMAR, the Fruit Road Concessionaire, the Electricity Commission, IDB, and the Association of Pension Fund Managers of Chile. She is a professor of finance at the University of Chile and Federico Santa Maria University.
Patricio R. Diaz, MBA
Associate Consultant
MBA, Catholic University of Leuven, Belgium.
MMaster (c) in Economics, Catholic University of Chile.
Commercial Engineer, Catholic University of Chile.
Adviser and director of companies. Registered in the Register of Directors of the Superintendence of Pensions, Chile. Member of Compliance Committees of Private Investment Funds. He has more than 20 years of professional experience in international (multilateral) organizations. In addition, he has worked in consulting, teaching and economic research.