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Mr. Malloy has spent more than 40 years of his career at Siderurgica Venezolana SIVENSA, the largest publicly traded industrial holding company in Venezuela. Most of his career at SIVENSA was in the financial area serving as Chief Financial Officer for over 25 years. Currently, he is the chairman of International Briquette Holdings, a publicly traded division of SIVENSA. Mr. Malloy has served on the Board of Directors of some of largest companies in Latin America: steel (Sidor), paint (Corimon), aluminum (Venalum, Bauxiven, and Interalumina), and automotive parts industry (joint ventures of SIVENSA with TRW, Kelsey Hayes, Maremont, Eaton, and Dana). He was president of IVEF (Venezuelan Institute of Financial Executives) between 1989 and 1993. Mr. Malloy holds a BA in Political Science from the University of Pennsylvania and an MBA from the University of Michigan.