Isabel Noboa
{{Short description|Ecuadorian businessperson}}
{{Use mdy dates|date=November 2019}}
{{Infobox person
| name = Isabel Noboa
| image = Asamblea Nacional condecoró a la Sra. Isabel Noboa Pontón por sus meritos profecionales (8122703293).jpg
| alt =
| caption =
| birth_name = Isabel Noboa Pontón de Loor
| birth_date =
| birth_place = Guayaquil, Ecuador
| death_date =
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| occupation = Businessperson
| years_active =
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| spouse = {{Plainlist|
- {{Marriage|{{ill|Isidro Romero|es}}|1967|1998|end=div.}}
- {{Marriage|Agustin Loor|2007}}
}}
| father = {{ill|Luis Noboa Naranjo|es}}
| mother = Isabel Pontón Ávila
| children =
| relatives = Álvaro Noboa (brother)
| awards =
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| website =
}}
Isabel Noboa Pontón de Loor is an Ecuadorian businessperson, the founder and chief executive officer of the {{ill|Nobis (company)|es|Nobis|lt=Nobis Consortium}}, one of the largest business groups in Ecuador.
Biography
Isabel Noboa is the daughter of Ecuadorian businessman {{ill|Luis Noboa Naranjo|es}}, founder of the Noboa Corporation, and Isabel Pontón Ávila. She was one of six siblings, one of whom is businessman and politician Álvaro Noboa.{{Cite web |url=http://www.diccionariobiograficoecuador.com/tomos/tomo21/n2f.htm |title=Volume 21 |first=Rodolfo |last=Pérez Pimentel |author-link=Rodolfo Pérez Pimentel |work=Biographical Dictionary of Ecuador |language=Spanish |access-date=2019-11-12 |archive-date=January 6, 2012 |archive-url=https://web.archive.org/web/20120106021818/http://www.diccionariobiograficoecuador.com/tomos/tomo21/n2f.htm |url-status=dead }} She left Ecuador at age 12 to study at St. George's School in Clarens, Switzerland. Later she would take distance learning classes in economics from the University of London. After her return to Guayaquil, she married {{ill|Isidro Romero|es}} at age 21, and had three children. In 1968, she opened an English and French language academy at their residence. In 1974, she closed the academy and began philanthropic work with a foundation in support of adoption.{{Cite news |url=http://www.hoy.com.ec/noticias-ecuador/isabel-noboa-su-limite-es-el-mundo-199631.html |title=Isabel Noboa, su límite es el mundo |trans-title=Isabel Noboa, Her Limit is the World |work=Hoy |language=Spanish |date=2005-03-07 |archive-url=https://web.archive.org/web/20130406074835/http://www.hoy.com.ec/noticias-ecuador/isabel-noboa-su-limite-es-el-mundo-199631.html |archive-date=2013-04-06 |url-status=dead |access-date=2019-11-12}}
In 1994, after the death of her father, Luis Noboa, disputes occurred between his heirs, until they finally reached a settlement agreement in 1997.{{Cite magazine |url=http://www.explored.com.ec/noticias-ecuador/la-batalla-legal-del-siglo-669.html |title=La batalla legal del siglo |trans-title=The Legal Battle of the Century |magazine=Vistazo |number=742 |language=Spanish |date=1998-07-28 |archive-url=https://archive.today/20130412103304/http://www.explored.com.ec/noticias-ecuador/la-batalla-legal-del-siglo-669.html |archive-date=April 12, 2013 |url-status=dead |access-date=2019-11-12 }} This happened while Isabel Noboa's marriage was going through a severe crisis. Under the terms of the agreement, she was assigned some of the companies of the former Noboa Corporation, which would become the foundations of the {{ill|Nobis (company)|es|Nobis|lt=Nobis Consortium}}. She shared ownership with her sister Diana, who would later step aside due to the economic situation of the country at that time.{{Cite news |url=http://www.hoy.com.ec/noticias-ecuador/imperio-noboa-se-divide-en-dos-115325.html |title=Imperio Noboa se divide en dos |trans-title=Noboa Empire Divided in Two |work=Hoy |location=Quito |language=Spanish |date=1997-04-07 |archive-url=https://archive.today/20130412104911/http://www.hoy.com.ec/noticias-ecuador/imperio-noboa-se-divide-en-dos-115325.html |archive-date=April 12, 2013 |url-status=dead |access-date=2019-11-12 }}
In 1998, Noboa and Isidro Romero divorced by mutual agreement. In 2007, she married Dr. Agustin Loor in a lavish ceremony held at his mansion in La Moraleja on Via a Samborodon, attended by many members of Guatemalan and Ecuadorian high society.{{Cite news |url=http://www.eluniverso.com/2007/10/27/0001/1065/6932467596A64190A227513ED6257DC6.html |title=Boda Loor - Noboa |trans-title=Loor - Noboa Wedding |work=El Universo |language=Spanish |date=2007-10-27 |access-date=2019-11-12}} She has maintained a cordial relationship with Romero and his family, to the point that she and Loor are regularly invited to their parties.{{Cite news |url=http://www.hoy.com.ec/noticias-ecuador/grupo-noboa-busca-socios-en-europa-89563.html |title=Grupo Noboa busca socios en Europa |trans-title=Grupo Noboa Looks for Partners in Europe |work=Hoy |location=Quito |language=Spanish |date=1998-05-08 |archive-url=https://archive.today/20130412104738/http://www.hoy.com.ec/noticias-ecuador/grupo-noboa-busca-socios-en-europa-89563.html |archive-date=April 12, 2013 |url-status=dead |access-date=2019-11-12 }}
Business career
From the partition of the Noboa Corporation, Isabel Noboa was assigned as the national representative of Coca-Cola, the {{ill|Mall del Sol|es}}, and {{ill|Ingenio Valdez|es}}, among other companies and investments. Until 1997, she had been a housewife, with no experience in the business world, but she decided to run these companies herself. For this purpose, she created the Nobis Consortium and trained in business administration by enrolling in the Advanced Management Program at Harvard Business School.{{Cite web|title=Isabel Noboa {{!}} Caribe BIZ Forum|url=https://caribebizforum.camarabaq.org.co/speaker/isabel-noboa/|access-date=2021-01-08|website=caribebizforum.camarabaq.org.co}} The beginnings of her business career were marked by the 1998–99 financial crisis. She and her team took care of stabilizing several companies with millions of dollars in debts. Another of Noboa's business achievements was the rescue of the historic {{ill|Universal Sweet Industries|es|lt=La Universal}} brand. During the 2000s, Isabel Noboa emerged as a recognized figure in the Ecuadorian business scene, especially in the Guayaquil real estate market through the company Pronobis.{{Cite news |url=https://www.elcomercio.com/actualidad/negocios/isabel-noboa.html |title=Isabel Noboa |work=El Comercio |language=Spanish |date=2011-06-27 |access-date=2019-11-12}}{{Cite news |url=https://www.elnuevodia.com/negocios/finanzas/nota/empresariarechazalacrisis-1488801/ |title=Empresaria rechaza la crisis |trans-title=Businesswoman Rejects the Crisis |work=El Nuevo Día |language=Spanish |date=2013-04-12 |access-date=2019-11-12}}
Philanthropy
Isabel Noboa has founded and chaired several nonprofit organizations in Ecuador, such as the Foundation for the Adoption of Our Children (FANN) in 1974, the "Seeds of Love" Foundation for the prevention and treatment of addiction, and the Nobis Foundation, a social responsibility initiative, in 1999. Since 2000, she has organized the "Ecuador Triunfador" campaign that awards prizes annually for young Ecuadorians who develop social enterprises oriented toward values of coexistence.{{Cite news |url=https://www.eluniverso.com/2012/06/04/1/1445/estudiantes-invitados-campana-ecuador-triunfador-nobis.html |title=Estudiantes invitados a la campaña Ecuador Triunfador de Nobis |trans-title=Students Invited to Nobis's Ecuador Triunfador Campaign |work=El Universo |location=Gran Guayaquil |language=Spanish |date=2012-06-04 |access-date=2019-11-12}}
Minister
In early 2003, during the government of Lucio Gutiérrez, Isabel Noboa served as president of the National Competitiveness Council of Ecuador, a position with the rank of minister.{{Cite news |url=https://www.eluniverso.com/2003/02/18/0001/9/37A358DD2C8D4B1CB5B638CD84E9CFC5.html |title=Isabel Noboa, representante del Gobierno en competitividad |trans-title=Isabel Noboa, Representative of the Government in Competitiveness |work=El Universo |language=Spanish |date=2003-02-18 |access-date=2019-11-12}} She resigned at the end of that year.{{Cite journal |url=https://www.derechoecuador.com/registro-oficial/2004/01/registro-oficial-16-de-enero-del-2004 |title=Decreto 1212-A |journal=Registro Oficial de Ecuador |number=253 |language=Spanish |date=2004-01-16 |access-date=2019-11-12}}
Works
- Luis Noboa Naranjo: Perfil de un triunfador (2000), Editorial Norma, {{ISBN|9789580459507}}, biography of her father
Awards and recognitions
- Recognized as "Most respected business leader of Ecuador" in 2007, 2008, and 2011 by PricewaterhouseCoopers of Ecuador and El Comercio{{'s}} Weekly Leaders{{Cite news |url=http://www.elcomercio.com/negocios/firmas-empresarios-respetados_0_506349468.html |title=Las firmas y empresarios más respetados |trans-title=The Most Respected Firms and Businesspeople |work=El Comercio |language=Spanish |date=2011-06-27 |access-date=2019-11-12 |archive-date=February 22, 2014 |archive-url=https://web.archive.org/web/20140222210855/http://www.elcomercio.com/negocios/firmas-empresarios-respetados_0_506349468.html |url-status=dead }}
- Selected as "the most innovative and respected businesswoman" among 500 businesspeople from Ecuador in a 2009 survey conducted by {{ill|Vistazo|es}} Magazine{{Cite magazine |url=http://www.vistazo.com/ea/500empresas/?eImpresa=1034 |title=2009, el año de la cautela |trans-title=2009, The Year of Caution |magazine=Vistazo |language=Spanish |date=2010-09-17 |archive-url=https://web.archive.org/web/20100929192352/http://www.vistazo.com/ea/500empresas/?eImpresa=1034 |archive-date=2010-09-29 |url-status=dead |access-date=2019-11-12}}
- Dr. Matilde Hidalgo de Procel Decoration for Business Merit from the National Assembly of Ecuador in 2012{{Cite magazine |url=http://expresiones.expreso.ec/ediciones/2012/12/03/sociales/asamblea-nacional-distinguio-como-ciudadana-ejemplar-a-isabel-noboa/ |title=Asamblea Nacional distinguió como ciudadana ejemplar a Isabel Noboa |trans-title=National Assembly Recognizes Isabel Noboa as Exemplary Citizen |magazine=Diario Expreso Expresiones |language=Spanish |date=2012-12-03 |archive-url=https://archive.today/20130701050314/http://expresiones.expreso.ec/ediciones/2012/12/03/sociales/asamblea-nacional-distinguio-como-ciudadana-ejemplar-a-isabel-noboa/ |archive-date=2013-07-01 |url-status=dead |access-date=2019-11-12}}
- Municipality of Guayaquil Prize, 2017{{Cite journal |url=https://guayaquil.gob.ec/OrdenesDia/2017/%C3%93rdenes%20del%20d%C3%ADa%20del%20mes%20de%20septiembre%202017/2017-09-21%20Orden%20del%20di%CC%81a%20sesio%CC%81n%20ordinaria/2017-09-21%20Punto%204%20Preseas.pdf |title=SMG-2017-15754 |journal=Órdenes del día del mes |publisher=Municipality of Guayaquil |pages=1–2 |language=Spanish |date=2017-09-15 |access-date=2019-11-12}}
- José María Roca Medal for Merit from the Latin American World Business Forum{{Cite news |url=https://ultimahoraec.com/isabel-noboa-mejor-empresaria-industrial-de-latinoamerica/ |title=Isabel Noboa, mejor empresaria industrial de latinoamérica |trans-title=Isabel Noboa, Best Industrial Businessperson of Latin America |first=Oscar |last=Martínez |work=Última Hora Ecuador |language=Spanish |date=2019-10-14 |access-date=2019-11-12}}
References
{{Reflist}}
External links
{{Commons category}}
- {{Twitter}}
- {{Webarchive|url=https://web.archive.org/web/20160314045114/http://www.espacioemprendedoras.com/|title=Column at Mujeres Emprededoras|date=March 14, 2016}} {{in lang|es}}
{{Authority control}}
{{DEFAULTSORT:Noboa, Isabel}}
Category:20th-century philanthropists
Category:21st-century businesswomen
Category:21st-century philanthropists
Category:Ecuadorian chief executives
Category:Nonprofit chief executives
Category:People from Guayaquil
Category:Women chief executives
Category:Women nonprofit executives
Category:Ecuadorian businesspeople