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Alberto Bacó Bagué

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Alberto Bacó Bagué

Alberto Bacó Bagué is the Founder and General Director of the Partnership for Modern Puerto Rico (PMPR), a forum that promotes authentic connections among passionate leaders and influencers. PMPR works through co-investment, macro project promotion, deep dive thought processes, and high-level networking to become a catalyst for change and lead Puerto Rico into the future.

Bacó Bagué is an attorney, CPA, and entrepreneur, with a successful career in company turnarounds and restructuring. During his career, Bacó Bagué has distinguished himself as an active supporter of the development of the venture capital and private equity industry in Puerto Rico and has held senior management positions in both the public and private sectors.

In the public sector, Bacó Bagué has been Executive Vice President, President and Chairman of the Board of the Economic Development Bank and the Government Development Bank for Puerto Rico. For four years, he directed the economic development strategy and execution as a cabinet level Secretary. Under his guidance, Puerto Rico’s economy embarked on a journey into a second grand transformation, where knowledge and service impact and strengthen all industries. Key initiatives included:

  • Laws 20 and 22 program

  • Parallel 18 startup accelerator

  • Puerto Rico Science and Technology Trust

  • Aerospace cluster consolidation with the promotion of Honeywell

  • Creation of a sector with the promotion of the MRO

  • Reversed negative trend in tourism

  • Cannabis industry

  • Promotion of international offices

  • Medical tourism

Prior to his appointment, Bacó Bagué has held several leadership positions within the private sector, including CEO of Marvel and Bohío International, and Board seats with W Holdings and Assurant P.R., among others. He has held several positions within international accounting and law rms, and currently directs ABB Capital LLC, which specializes in strategies for growth, governance and turnarounds.

Bacó Bagué graduated Magna Cum Laude from the University of Puerto Rico with a Bachelor’s Degree in Business Administration. He also holds a Juris Doctor degree from the University of Puerto Rico. He is an active member of Young Presidents’ Organization (YPO) and, at a local level, has held all head positions, including Chapter Chairman.