BioMar Ecuador's retiring general manager Danny Velez, left, shakes hands with his successor and current finance director, Andres Rivadulla.

Finance director takes the helm of BioMar Ecuador


BioMar Ecuador finance director Andres Rivadulla will take over as general manager following the decision of current chief Danny Velez to retire at the end of this month, the Danish-owned aquafeed producer announced today.

“Under the leadership of Danny Velez, we have seen our operation in Ecuador go through a tremendous growth process. He is passing on a company in excellent shape despite the difficult environment for both our staff and customers with national security challenges, continued power cuts that interrupt production, and low shrimp prices,” said Henrik Aarestrup, BioMar’s vice president, LATAM, shrimp and hatchery.

Velez joined Alimentsa in 1991 as operations manager and in 1993 he was appointed vice general manager. When BioMar Group acquired Alimentsa in 2017, Velez became the first general manager of BioMar Ecuador. He successfully took the company through the transition from a family-owned local business to becoming a part of a leading multinational feed company.

From pens to protein

Rivadulla joined BioMar Ecuador from the well-known French supplier of plastic pens and lighters, Bic, in 2018, and has equally contributed to the success of BioMar Ecuador in recent years, said the company.

“Andres has as finance director demonstrated great skill and overview and in the last couple of years he has taken on a role beyond the original scope of his position. This leaves me confident that he will be able to lead the continued development of BioMar Ecuador,” said Aarestrup.

Velez will for at least the coming 12 months act as special counsellor to BioMar Ecuador and its board of directors.