PITTSBURGH — Railroad Development Corp. has appointed Dr. Juan de Dios Oleachea as managing director, international business development. He will lead business-development activities in selected markets, with Latin America and mining-related opportunities worldwide as initial targets.
Oleachea is a founding shareholder of Peru’s Ferrocarril Central Andino, where he has served as chairman since its formation in 1999, leading a transformation broadly recognized as successful in both safety and traffic growth.
“FCCA, historically known as the ‘hardest and highest’ is one of the most difficult railway operating environments in the world,” RDC Chairman Henry Posner III said in a press release, “and its heavy dependence on mining has made it subject to, among other things. international fluctuations in commodity prices and omnipresent truck competition. All of this is excellent background for his new and expanded role.”
Oleachea will be based in Florida while retaining his position as chairman of FCCA, which will lead him to travel frequently between Latin America and the U.S.
