GigNet Mexico names new director of finance

30 March 2021 | Melanie Mingas

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Benjamin Vicente has been appointed director of finance for GigNet Mexico.

Vicente, who holds more than 25 years of experience across accounting, internal controls, preparation of financial statements and reports, financial compliance, cost controls, IFRS and US GAAP. He has also developed and managed financial group teams with a focus on accounting and internal controls.

He will lead the company’s finance and administrative group in Mexico, where the local branch of the US-based company operates a fibre-optic broadband network from Costa Mujeres, North of Cancun, through the Hotel Zone of Tulum.

Vicente said: “I am very excited to join GigNet Mexico at this time in the Company’s growth. GigNet has proven itself as a leading provider of broadband services in the market, and I look forward to leading the accounting and finance team to support the next major phase of growth – both with financial reporting and with key information that helps management in decision-making and forecasting.”

Prior to joining GigNet, Vicente held senior finance positions with some of the largest banks in Mexico City, including serving as accounting director for MUFG Bank México, S.A. Institución de Banca Múltiple Filial (formerly Bank of Tokyo) and deputy director of Accounting Policies and deputy director of Finance for HSBC México, S.A. He also served as regional controller for a commodities trading company and as director of business process outsourcing for Deloitte Mexico.

Edward Mooney, chief administrative officer for GigNet Inc., said: “We are extremely pleased to welcome Benjamin Vicente to GigNet. We will benefit from Benjamin’s experience and leadership as we enhance our finance and administrative team in Mexico to match our rapidly accelerating growth in sales, customer contracts and new installations.

"The timing is excellent as we are also in the process of implementing new management information systems and internal controls for project management, purchasing, inventory control, CRM, billing and collections, and internal accounting. We are building a strong financial and administrative foundation to support our projected growth in the region over the coming years,” Mooney continued.