Colombia
Henry Eder Caicedo
- Chairman of the Board, Inversiones Manuelita (Agribusiness)
Born Cali, Colombia, 1935. B.A. in Physics, Williams College (1956); B.Sc. in Electrical Engineering, Massachusetts Institute of Technology (1957).
“Working at a public organization has taught me how to deal with public powers – you have to get along with them. If one is a businessman, one also has to get along with politicians and understand what matters to them and how they think.”
Summary
Henry Eder Caicedo is Chairman of the Board of Manuelita, a Colombian-based agribusiness corporation which traced its origins back to a small sugar mill established by his great-grandfather James Martin Eder, an American citizen, in 1864. After joining the family business in 1965 after the kidnapping of his father by the FARC, a radical guerrilla movement engaged in a long-running insurgency, Eder worked to expand and diversify Manuelita. He led the expansion to Peru, Brazil, and Chile and into new businesses, the most successful of which are two palm tree plantations and, more recently, biofuels. The company currently produces 11,000 tons of refined sugar annually, and its other activities include ownership of the world's largest contiguous shrimp farm. In this interview, Eder discusses how the company has sought to diversify only in areas that it to leverage their knowledge and skillset within the context of their long-term strategic vision. Eder also discusses the financial crisis that hit Colombia in the 1990s, and explains that Manuelita was able to survive due to the pricing protection policy, which made it possible to endure difficult times by protecting crops including sugar and palm trees through a tiered-pricing scheme in the Andean market. Eder recounts his time as mayor of Cali, discusses his company’s relationship with the government, and addresses the problem of corruption in Colombia. He also discusses how his family has been able to sustain a multi-generational family business by a tradition that has welcomed younger generations into business meetings, and sought to expose them at an early age to the businesses owned by the company. Eder concludes this interview by discussing Manuelita’s extensive social impact mission through sustainability, housing improvements, and an initiative to improve education through technology.
Video Clips by Topic
Full Length Video (login required)Additional Resources
- Henry Eder Caicedo: Empresario azucarero y cabeza del Grupo Manuelita, La Silla Vacía, 10 de Julio de 2017.
- Conozca quien es Henry Eder, líder del Grupo Manuelita, y ganador del premio Portfolio a toda una vida, Portafolio, 30 de Noviembre de 2017.
- Eder e Imbanaco destacados como empresarios ejemplares, El Pueblo, 3 de Junio de 2019.
- Hoy exaltan a empresarios ejeplares del Valle, The World News, 29 de Mayo de 2019.
- Manuelita.
- Historia de Azúcar Manuelita, el ingenio del Valle del Cauca, Noticias Caracol, 9 de Enero de 2019.
- Henry Eder, víctima de las Farc, habla en el primer encuentro por la verdad, Comisíon de la Verdad, 3 de Diciembre de 2019.
- Arroyo Reina, Jairo Henry. Historia de las practices empresariales en el Valle del Cauca. Cali: Lemoine, 2013.
Interview Citation Format
Interview with Henry Eder Caicedo, interviewed by Andrea Lluch, Bogotá, Colombia, November 21, 2018, Creating Emerging Markets Oral History Collection, Baker Library Special Collections, Harvard Business School.