MEXICO CITY, Aug. 12, 2015 /PRNewswire/ -- Grupo Financiero
Santander Mexico, S.A.B. de C.V. (BMV: SANMEX; NYSE: BSMX)
("Grupo Santander Mexico" or "the Group") and Banco Santander
(Mexico), S.A. Institucion de
Banca Multiple, Grupo Financiero Santander Mexico ("Banco
Santander Mexico" or "the Bank"), announced today, that in light of
the decision of Carlos Gomez y
Gomez, Chairman of the Board of Directors, to retire as he turns
65, they have agreed to convene a meeting of their Boards of
Directors on August 24th,
2015 to consider the proposals to appoint Mr. Marcos Martinez Gavica as Chairman of the Board
and Mr. Hector Grisi Checa as
Executive President and CEO, subject to applicable regulations.
Carlos Gomez y Gomez has
expressed his intention to retire after 18 years of committed and
strategic leadership as Chairman since the Group's inception, more
than 18 years ago. Mr. Marcos Martinez
Gavica will be proposed as his successor as Chairman
beginning January 1, 2016, having
been Executive President and CEO of the Group and the Bank. The
Board will also consider the appointment of Mr. Hector Grisi Checa as new Executive President
and CEO of the Group and the Bank, replacing Mr. Marcos Martinez Gavica from December 1, 2015.
Marcos Martinez Gavica said
"The proposal that will be submitted to the Board, marks a new
stage for the Group to consolidate its leadership position in the
Mexican financial services sector. We continue to strengthen our
presence in key businesses for the group, ensuring the best
corporate governance standards in Mexico, with a committed board of directors
which is solid and transparent to ensure the interests of our
employees, customers, shareholders and communities."
Hector Grisi Checa has served for
seven years as CEO of Credit Suisse Financial Group Mexico and has
28 years' experience in the Mexican financial system. Hector Grisi said "Should the Board of
Directors support this proposal, it will be a great pleasure to
join an institution with the strength and leadership of Santander
Mexico. I will work to lead a consolidated business and bring my
experience to continue building the best banking franchise in
Mexico."
About Grupo Financiero Santander Mexico
Grupo
Financiero Santander Mexico, S.A.B. de C.V. (Santander Mexico), one
of Mexico's leading financial
services holding companies, provides a wide range of financial and
related services, including retail and commercial banking,
securities brokerage, financial advisory and other related
investment activities. Santander Mexico offers a multichannel
financial services platform focused on mid- to high-income
individuals and small- to medium-sized enterprises, while also
providing integrated financial services to larger multinational
companies in Mexico. As of
June 30, 2015, Santander Mexico had
total assets of Ps.1,065 billion under Mexican Banking GAAP and
more than 12 million customers. Headquartered in Mexico City, the Company operates 1,078
branches and 278 offices nationwide and has a total of 16,768
employees.
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SOURCE Grupo Financiero Santander Mexico, S.A.B. de C.V.