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Stock impact report

Banco Santander México Announces That Marcos Martínez Gavica, Chairman Of The Board Of Directors, Communicates His Intention To Step Down From Such Position

Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (BSMX) 
Company Research Source: PR Newswire
MEXICO CITY, May 2, 2019 /PRNewswire/ -- Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ("Banco Santander México" or the "Bank") announced today that Mr. Marcos Martínez Gavica, Chairman of the Board of Directors, announced his intention to step down from his position in April 2020, after an almost 23 year career at Banco Santander México and its predecessor companies, and as a natural step in a period which has seen the orderly transition in the evolution of the Bank to where it is today.In accordance with the current nomination policy for Banco Santander S.A. (the "Santander Group") and its subsidiaries, the Santander Group will carry out the selection and nomination of Mr. Gavica's successor, which will conclude in April 2020.Marcos Martínez Gavica commented that "having had the opportunity to contribute to building Banco Santander Mexico from practically its beginning is one of my greatest professional and per Show less Read more
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