Emilio Lozoya Austin

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Emilio Lozoya

Emilio Ricardo Lozoya Austin (Chihuahua, Chihuahua, December 9, 1974) is a Mexican economist and politician. He was the CEO of Petróleos Mexicanos (PEMEX) from 2012 to 2016.[1]



He holds a degree in Economics from the ITAM and one in Law from UNAM.[2] He also has a Masters in Public Administration and International Development (MPA/ID) from Harvard University.

He is the author of different publications on monetary policy, productivity and competition, efficiency in public policies, as well as education and electoral systems.

Early career[edit]

Emilio Lozoya holds a B.A in Economics and one in Law by ITAM and UNAM, respectively. He also has a master's degree in Public Administration and International Development by Harvard University.

Between 1999 and 2001, Emilio Lozoya worked as an analyst at the Central Bank of Mexico, being responsible for investing international reserves. Lozoya was also a Board Member of several corporations and enterprises related with infrastructure, finance, and IT sectors.

Starting in 2003 until 2006, he served as an Investment Officer for Structure Finance and Distressed Assets at the Inter-American Investment Corporation within the Inter-American Development Bank, where he interacted with different Latin American industries and countries.

Also, from 2006 up to 2009, he worked at the World Economic Forum as Senior Director for Latin America, where he was in charge of research and strategies related to the forum and was the liaison between leaders and stakeholders in the region.

Between 2009 and 2012, Lozoya co-founded and was an Executive Board Member of different investment funds, specialized on international private capital investments, including restructuring and international transactions.

From January to November 2012, he headed the International Affairs Office during the campaign, as well as at the Transition Team of now President Enrique Peña Nieto.


From December 2012 to February 2016, he was appointed CEO of the Mexican state-owned oil company Petróleos Mexicanos by President Enrique Peña Nieto.

In 2014, he was recognized by Energy Intelligence as “Petroleum Executive of the Year”. In 2012, he was named a Global Young Leader by the WEF; in 2011, he was one of the most influential Hispano younger than 40 at the list of Poder magazine; in 2010, he was awarded for his leadership with the title of Hemispheric Ambassador by the American Business Council Foundation and was included at Poder magazine list as one of the 100 most influential Mexicans.

In 2017, he was immersed in the Odebrecht bribery scandal[3] that hit several politicians and ministers across Latin America. In particular a direct accusation of alleged bribery payments of more than 10 million dollars between 2010 and 2014 was made against Emilio Lozoya by Luis Alberto de Meneses Weyll, director of Odebrecht in México at the time of the alleged bribes. He categorically refutes all claims.

Awards and recognition[edit]

  • Energy Intelligence announced that Emilio Lozoya Austin, CEO of Petróleos Mexicanos (Pemex), earned the distinction of his peers as “Petroleum Executive of the Year.” The 2014 award, as selected by top global industry executives. Energy Intelligence jointly convenes Oil & Money with the International New York Times.
  • Global Young Leader by the World Economic Forum (2012)[4]
  • Among the most influential Hispano younger than 40 at the list of Poder magazine (2011)
  • Hemispheric Ambassador by the American Business Council Foundation (2010)
  • Among the 100 most influential Mexicans by Poder magazine (2010).
  • Among the top thirty Mexican leaders in his 30’s by Expansion magazine (2009)[5]


He is the son of Emilio Lozoya Thalmann, who headed the ISSSTE and was appointed Secretary of Energy during President Carlos Salinas de Gortari's administration. His grandfather was Jesús Lozoya Solís, a leading pediatrics surgeon, politician, General in the Mexican Army and an important businessman. Emilio is married and has three children.


  1. ^ Adam Williams (8 February 2016). "Pemex CEO Emilio Lozoya Resigns After Three Years of Losses". Bloomberg.com. Retrieved 2016-08-28. 
  2. ^ "Emilio Lozoya asume dirección de Pemex". Eleconomista.com.mx (in Spanish). 3 December 2012. Retrieved 2016-08-28. 
  3. ^ "El caso Odebrecht sacude a México por acusaciones contra el exdirector de la petrolera estatal". www.nytimes.com/es (in Spanish). 15 August 2017. Retrieved 2017-08-15. 
  4. ^ "List of 2012 Young Global Leaders Honourees" (PDF). Weforum.org. 20 July 2012. Retrieved 2016-08-28. 
  5. ^ "Emilio Lozoya". Cnnexpansion.com (in Spanish). 12 March 2009. Retrieved 2016-08-28.