What is SEMAH?
Who We Are
Our Companies
Our Investments
  • Linkedin e-Mail
    President & CEO
    Claudio Valencia
    Claudio is the President and Founder of Semah Investments. Located in Panama City, the company owns and manages Haus, a mid-income residential real estate development company; Datasafe, a regional record-storage company; and Colinas de la Paz, a cemetery and funerary home. In addition, the company owns an investment portfolio in the financial, maritime and real estate sectors.

    Prior to starting Semah Investments, Claudio was the CEO of Proyectos & Capitales, a family-owned real estate company managing 2,200 units of self-storage, a 220-slip marina and a 1,000 hectares multi-use real estate development in the western sector of Panama City.

    Claudio also worked at McKinsey & Company in Sao Paulo, Brazil. Claudio received and MBA from Columbia Business School and a BA from George Washington University.
  • Linkedin e-Mail
    Chief Financial Officer
    José García Acedo
    In his role as CFO and Partner at Semah Investments, José manages the group’s financial and human resources, participates in the evaluation of investment opportunities and runs the day to day operations of the group’s companies.

    Throughout his career, José has founded, managed, invested and divested in diverse small ventures in IT and in a jointly owned, US based M&A boutique firm.

    José has a BS in Information Technology and is currently undergoing an Executive Education Management Program at Harvard Business School.
  • Linkedin e-Mail
    Itza Santamaría
    As the group’s Comptroller, Itza is in charge of the accounting, reporting and internal auditing teams of the group’s companies, performing a key function in our Corporate Governance structure.

    During her 15-year career she has specialized in designing and managing accounting and auditing structures in the construction and real estate industries.

    Itza has an MBA from Universidad Interamericana and a BA in Accounting from Universidad de Panamá. She is also a certified public accountant.
    As overseers of the performance of our investments, the Semah staff is comprised of a talented team of accountants, financiers and administrative staff, divided in four key roles:

    • Senior Accountants: Responsible for the revision of all accounting records and the issuing of financial statements of the group companies.
    • Accounting Assistants: Responsible for the bookkeeping and accounting files of the group companies.
    • Treasury: Responsible for cash allocation, cash management and account payables.
    • Personnel and Payroll: Responsible for all human resources activities, including payroll and labor code compliance.