José Coya

José Coya served as the president of Ancap, the state-owned oil company in Uruguay, during a challenging period from 2015 to 2019, characterized by significant financial losses exceeding $900 million. His leadership coincided with the company's drastic need for capital restructuring, which ultimately led to a substantial capital injection from the government in 2016 aimed at stabilizing its finances. Coya's tenure is marked by the company's transition from heavy debt to a more solid financial position, as highlighted by recent reports of improved performance and reduced liabilities.