Alfredo Elías Ayub


Alfredo Elías Ayub was the former Director General of the Comisión Federal de Electricidad, the Mexican state-owned electric company.
Elías Ayub, of Lebanese descent, was born in Mexico City. He earned a civil engineering degree from Universidad Anáhuac, as part of its first graduating class of the School of Engineering and graduated with high honours. He also received an MBA from Harvard Business School.

His academic roles included Deputy Director and Director of Universidad Anáhuac’s Engineering School. He served as a professor of Finance at Harvard University and was a member of Harvard Business School’s board.

In his public sector career he worked across the energy and utilities sector in Mexico, culminating in his appointment as Director General of CFE in 1999, a role he held through two presidential administrations. He died on 19 November 2025 at the age of 75.

Career

Elías has had an outstanding career in Mexico's public sector.
The Federal Electricity Commission reports to the Ministry of Energy. Thus, Elías Ayub reported to Felipe Calderón Hinojosa when he was Secretary. Then, president Calderón also ratified Elías Ayub to continue his long tenure as head of the CFE.
In the private sector, he is shareholder and/or member of the boards of several companies such as Grupo Impulsor del Desarrollo Urbano, Constructora Ideurban, Promociones Metropólis, and other private enterprises.

Boards

He belongs to several boards of directors.
  • Banorte, Mexico's third largest bank
  • Rotoplas
  • Former Member of Dean's board of advisers at Harvard Business School