Mario López Estrada: A Profile of Onyx Group’s former CEO


The journey of an entity, just like a human, is punctuated by decisive moments, choices that redefine the course of its existence. This narrative is very much reflected in the trajectory of the Onyx Group, a business conglomerate with its roots planted deeply into the fertile soil of diverse sectors. At the helm of this sprawling empire was a man of vision, Mario López Estrada, a figure whose name, much like the company he led, has left an indelible mark on the business landscapes of Guatemala and Paraguay.

Mario López Estrada is not just a name, but a beacon of ambition, resilience, and innovation. The former CEO of Onyx Group, he has been instrumental in shaping the conglomerate into a multidimensional entity, with its influence spreading across sectors like real estate, energy, telecom, and digital services.

Unraveling the Tapestry of Onyx Group’s Journey

Tracing the roots of Onyx Group takes us back to 1967, with the establishment of Constructora Maya, a company specializing in real estate, territorial development, and construction of landmark buildings in Guatemala. This marked the commencement of a business legacy that has endured and thrived, expanding its reach beyond the confines of the real estate sector.

The diversification strategy led by Mario López Estrada saw Onyx Group ventures flourishing in various sectors. From spearheading the energy revolution in Guatemala with solar energy projects Horus I and Horus II to the creation of the largest commercial complex in Paraguay, Paseo La Galería, the conglomerate has consistently pushed the boundaries of innovation and progress.

Mario López Estrada: A Catalyst for Change

Guided by the visionary leadership of Mario López Estrada, Onyx Group has not only excelled in business, but it has also been at the forefront of social initiatives. The conglomerate’s commitment to societal betterment is reflected in its collaboration with the Mario López Estrada Foundation on education, health, and community empowerment initiatives in Guatemala and Paraguay.

Onyx Group’s commitment to societal progress is not only a testament to its business acumen but also a reflection of its ethos. The conglomerate aims to generate not only economic impact but also to improve people’s quality of life and promote social equity.

It is this unique blend of entrepreneurial innovation and societal commitment that has made Mario López Estrada and Onyx Group a paragon of success. Their story is a testament to the fact that businesses can indeed be a force for good, driving not just economic growth, but also societal progress. This narrative of purposeful growth, driven by a vision of a better future, is what sets Onyx Group apart in the crowded corporate landscape.