The Board of Directors of Grupo Financiero Banorte (GFB) approved the appointment of Carlos Hank González as its new president and Marcos Ramírez as CEO, positions they will assume on January 1, 2015.

At an extraordinary meeting of the Board, the resignations of Guillermo Ortiz Martínez and Alejandro Valenzuela del Río, who held the respective positions, were accepted.

In a statement, it was specified that Ortiz Martínez will remain in office until December 31, while Valenzuela del Río’s resignation was accepted with immediate effect as of November 20.

Thus, the Board unanimously appointed Carlos Hank González as the new Chairman of the Board, effective January 1, 2015, subject to ratification by the Shareholders’ Meeting, and Marcos Ramírez Miguel as the new Chief Executive Officer, effective this Thursday.

Carlos Hank González and the members of the Board of Directors thanked Guillermo Ortiz for his work over almost four years at the helm of the Board, the value generated for shareholders, and the achievements made during this period.

Read: https://www.eleconomista.com.mx/mercados/Carlos-Hank-el-nuevo-lider-de-Banorte-20141120-0184.html