MESSAGE FROM THE
Chairman of the Board of Directors
Dear Shareholders and colleagues:
I refer to you for the first time as Chairman of Grupo Financiero Banorte’s Board of Directors, responsibility that I have proudly committed to assume as of January 1st of this year.
It is an honor for me to preside over the Board of Directors of the third largest financial group in the country. Together with the CEO, we have given ourselves the task to continue with the strategy that has been jointly structured to ensure that this financial institution achieves the expected results and consequently increases value for shareholders.
The transformation program, currently underway within our institution, aims to improve value for our customers, increase cross-selling among existing clients, improve profitability and efficiency indicators and strengthen risk management. This transformation program is ambitious, but necessary to prepare this group to face Mexico’s competitive, economic and social challenges.
As Member and Chairman of the Board of Directors, I hold my commitment of maintaining best practices in our Corporate Governance. Strengthening them makes us a stronger institution and allows us to have transparency and accountability required by our laws and shareholders.
2015 will undoubtedly be a year of great opportunities for us as a financial group. The Board of Directors, the management team and everyone here at Grupo Financiero Banorte are working to continue to consolidate Banorte - Ixe as Mexico’s Strongest Bank.