Meet our team of professionals

Engineer Manuel Alvarado is a distinguished engineer with over 30 years of experience. He obtained his Bachelor’s degree in Civil Engineering with honors from Case Western Reserve University (1985), a Master’s in Structural Engineering from Northwestern University (1987), and an MBA from Santa Maria La Antigua University (1997). Additionally, he has completed other relevant studies such as Leadership in Professional Service Firms at Harvard University in 2000, a Managerial Skills seminar at INCAE in 1998, and seminars on risk assessment in project management in 1994 and 2005, among others.

Mr. Alvarado has held positions in both public and private administration. He served 18 years at the Panama Canal, from 1989 to 2008, where he held interim managerial positions such as: Manager of the Interiors Section, Manager of the Miraflores Potable Water Plant, and Manager of the Engineering Division, as well as permanent positions such as: Manager of the Exteriors Section, Manager of the Towing Rails Section, and Manager of the Civil Engineering Section, and finally as Manager of the Dredging, Signaling, and Cranes Division where he was responsible for managing annual investment and operational budgets of around $100 million, as well as leading a team of over 900 specialized professionals and technicians. During his years at the Canal, he consistently received annual performance excellence and superior performance recognitions when not promoted to new positions.

From January 2020 to June 2020, he served as Executive Director of the Public Infrastructure Coordination Unit at the Ministry of the Presidency of the Republic of Panama. In this position, he led the PMO Office, responsible for organizing and structuring 17 projects of the Government's Strategic Plan, with an estimated value of $750 million. He is currently a board member of MiBus.

Manuel Alvarado’s career in the private sector is distinguished by his leadership in large-scale projects and his contribution to infrastructure development in Panama. His knowledge and skills in the engineering field and his outstanding performance in executive positions have made him an influential figure in the construction and real estate development sector in his country.

He started as a Project Engineer at Aoki Corporation and Dillon Construction from 1987 to 1989.

From 2008 to 2021, Manuel Alvarado held the position of President at Construcciones, Diseños y Consultoría (CODICO, S.A.) and Ingeniería y Consultoría PP, S.A., a consulting firm with more than 20 years of experience in Panama. During his tenure, this company participated in prominent projects such as the Panama Pacifico Development, the Punta Pacifica Islands, and many real estate execution projects. His clients included distinguished private and public companies such as Grupo Los Pueblos, Gas Natural Fenosa, Panama Pacifico Development, Ministry of Public Works, and Buenaventura Tourist Development.

Since 2021, Manuel Alvarado has assumed the role of Vice President of Real Estate Development at Grupo VerdeAzul. He manages Architecture Design, Project Execution, and Real Estate Legal Management. He manages a real estate investment portfolio of over $50 million for Grupo Verdeazul.