Francisco de Pando y Armand

As president and principal owner of the sugar estates Central Romelié S.A., and Santa Cecilia S.A. each consisting of approximately 12,000 acres with a daily production capacity of 150,000 bags and 2,600 employees, de Pando was the 97th-ranked landowner in Cuba.

[1] de Pando served as director and one of the majority shareholders of the Cuban corporation "Compañia Cubana", owner of 2 sugar estates, which represented the 15th and 7th most important with respect to capitalization.

Consulting Counselor, 1952-1955. de Pando was declared by the Castro government as the most influential leader in the Cuban sugar industry.

[1] In the 1940s, de Pando entered into an agreement with Julio Lobo Olavarría and with Dr. Delio Nuñez Mesa, for the purchase of more sugar interests.

Later, in March 1944, de Pando and Julio Lobo participated in the purchase of the “Tinguaro” sugar estate for $1,650,000 ($28.6 million in 2023 dollars) along with Rafael Águila Sarduy and others.