Dr. Ernesto Cruz highlights excellence of INCAE in Latin America during the graduation of new MBAs

May 25 2012
Silvia Castillo
  • 66 graduates received their degrees this May 25 at the Francisco de Sola campus in Nicaragua

INCAE, May 25, 2012. The second rector of INCAE Business School, who practiced that position for 12 years (1968-1980), Dr. Ernesto Cruz, he highlighted the academic excellence of this institution in Latin America, during the graduation ceremony of the new MBAs held in Nicaragua and where he was the guest of honor.

"Here in this soil we begin to sow the seeds of an institution that flourishes, that has a strong trunk ...I have no doubt that this will survive"said Dr. Cruz, recalling the beginnings of INCAE, founded in 1964 in Managua. Don Ernesto was the rector who graduated the first class of Masters in Business Administration (MBA) from high school.

The graduation ceremony, where Dr. Cruz was the guest of honor, took place in the morning at the Argüello-Arellano Forum on the Francisco de Sola campus. The group of 66 graduates is made up of 30 women and 36 men from 15 countries. Fifty-five of them studied at INCAE with some kind of scholarship.

The activity was chaired by the Rector of INCAE, Arturo Condo, deans Guillermo Selva and Roy Zúñiga, members of the Board of Directors, as well as several professors of the institution.

In his speech, the Rector highlighted how INCAE's mission is to train leaders who change the region and the world. "You are those leaders, our main reason for being, and the best means we have to fulfill that mission," he said.

"Today we know that the distinction between private enterprise, government and civil society is inadequate to overcome current challenges ... To resolve the obstacles that humanity faces for its survival and well-being, leaders are needed in all dimensions of existence. that they are capable of co-leading their communities and of including all those dimensions in a shared vision of the society that we have to build together, "said Condo, who invited the new graduates to play a decisive role in these changes.

La Presentation of the guest of honor was in charge of the member of the Board of Directors, Danilo Lacayo, who highlighted that Dr. Cruz was, together with Francisco de Sola, the two most important people for the strengthening of INCAE during its first years. "They established the quality standards that make INCAE the best school in Latin America today," Lacayo said.

This time the valedictorian of the class of 2012 (graduated with high distinction) was the Guatemalan María Cristina Galindo Mejía. There were also six graduates with distinction: the Nicaraguans Eva María Morales, Carlos Eduardo De Franco, and Genevieve Horvilleur Espinosa, the Salvadoran Carlos Roberto Martínez, the Honduran Jairo Donely Soto and Juan Carlos Arias, from Costa Rica.

For more information, you can contact Silvia Castillo, by phone (506) 2437-2319 or by mail