Managing Director | Pesca Azteca
Manuel Vazquez, graduated in Science in Banking & Finance with a Master of Business Administration at the Booth School of Business at University of Chicago, is the Managing Director of Pesca Azteca, a fishing company with the biggest tuna fleet in Latin America with a strong sense of sustainability and exports in Spain, France, and China.
In the financial sector, Vazquez has experience in markets such as Singapore, Switzerland, and Africa, driving the financial planning and controllership for each market. In the fishing sector, as Director of Pesca Azteca, he is part of the Pacific Alliance for Sustainable Tuna leading initiatives, projects, and investigations in order to preserve the marine fauna.
Under his management and leadership, Pesca Azteca has acquired awards and certifications such as the Mexican Agri-food Prize, environmental quality certificate, social responsible company, and MSC, among others.
“The intent of fishing as much as possible is the worst kind of fishing business”, according to Martin Sarmiento.
This is a problem that has been unsettled for as many years as modern fishing exists. The multiple trials to regulate, control, and manage the fleet capacity by RFMOs, has proved to be insufficient in view of the recent results of stocks.
Several models have been discussed considering heritage, political, and economic dominance, accumulated cubic meters by country, and more recently even a buyback based on the least efficient vessels.
As much as we want to achieve sustainability, it will never become a reality if we do not accept that Economics are indeed the forces driving how much we get from the ocean. It is not a matter of size or number of boats, today, the problem is created by the velocity and frequency we have on the different fleets. Those KPIs that are exposed to be best in class for efficiency, are the ones that put sustainability in peril.