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Ricardo Simán
CHAIRMAN AND CEO ALSICORP
Ricardo Simán is a prominent Salvadoran businessman, currently serving as the Chairman and CEO of ALSICORP. He has a long-standing career in the retail industry, particularly known for his leadership at Almacenes Simán, a major department store chain in Central America. Simán has been instrumental in the growth and internationalization of the company, which celebrated its 100th anniversary in 2021 and is recognized as the largest employer in El Salvador, providing over 17,000 direct jobs.12
In May 2023, Simán transitioned from his role as President and CEO of Almacenes Simán to focus on his position at ALSICORP, where he presides over the board of directors. He is noted for his optimistic outlook on business and economic recovery in Central America, emphasizing the importance of government policies and legal security for entrepreneurs in the region.23
Simán is fluent in both English and Spanish, which complements his extensive experience in the retail sector and his leadership role within ALSICORP.1
