Mr. Trujillo has extensive experience in the financial services/payments industry and has been involved in international business primarily serving the Latino community in the US since 1982. In 2007 he led the search, planning, fundraising and execution of a strategy to acquire another “Platform” (RQI) to become a leading electronic funds transfer company in the US and Europe serving Latin America. RQI was successfully acquired in April 2008 in partnership with Institutional Private Equity Investors, led by Palladium Equity Capital.
In 2002, he orchestrated the search, fundraising and execution of the strategy to acquire Vigo Remittance, as the “Platform” to become the leading electronic funds transfer company in the US serving Latin America. Vigo was one of the largest privately held, consumer money transfer companies in the US. During 2005, the company processed over $3.5 Billion in more than 55 countries around the world. In October 2005, Vigo was successfully sold to First Data Corporation in an all cash sale for $371 Million, which resulted in a 5.0 X cash on cash return and an IRR of over 88%.
He previously served from 1999 to 2001 as EVP and CFO of Directo, Inc., an early-stage financial services provider of electronic card payment and processing solutions backed by European Private Banks and private investors. He served as General Partner and CFO of MCP, LLC, and its affiliate, IEA Group, LLC, a private real estate investment management and advisory firm from 1994 to 1999. From 1989 to 1994, Mr. Trujillo served as EVP and CFO of Ackerman & Company, a full service, regional real estate development, management, brokerage, and investment company. Prior to joining Ackerman & Company, since 1982 he served as a Senior Tax Manager with a Big 5 Accounting Firm and participated in the firm-wide international, real estate and banking teams.
Mr. Trujillo was appointed by Georgia’s former Governor The Honorable Roy Barnes to the first and founding Board of the Georgia Commission on Hispanic Affairs in August 2001. Mr. Trujillo also served on the Board of the Latin-American Association, the largest non-profit serving Latinos in Georgia and served on the Advisory Board of United Americas Bank, the largest Hispanic owned Bank in Georgia. Mr. Trujillo is Cuban-American and speaks Spanish fluently. He graduated from The University of Tennessee with a BS degree in Business Administration (Accounting) and holds an inactive Georgia CPA License.
