BANCO SANTANDER MÉXICO ANNOUNCES STRUCTURAL CHANGES IN ITS CEO POSITION AND SENIOR MANAGEMENT

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MEXICO CITY, July 21, 2022 /PRNewswire/ — Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX;NYSE: BSMX) (“Banco Santander México” or the “Financial institution”) one of many main banking establishments in Mexico, introduced that, on the date hereof, its Board of Administrators authorised the appointment of Mr. Felipe García Ascencio as Chief Govt Officer of the Financial institution, changing Mr. Héctor Grisi Checa. Mr. Héctor Grisi will stay as Govt Chairman and Chief Govt Officer of Grupo Financiero Santander México (the “Group”) till December 31, 2022.

Mr. Felipe García Ascencio has a level in Economics from the Instituto Tecnológico Autónomo de México and a grasp’s diploma in economics from the London College of Economics and Political Science. He has broad expertise within the Mexican monetary trade and he has labored within the Group as Head of Mexico’s Company Funding Banking (SCIB). Beforehand, he labored at Credit score Suisse for 18 years in several positions, the final of which was Head of Company & Sovereign Latam Protection, part of the International Markets division. Mr. Felipe Garcia Ascencio additionally labored at Goldman Sachs and the Ministry of Finance and Public Credit score (Secretaría de Hacienda y Crédito Público).

The Board additionally authorised the creation of two Vice-presidencies. The Vice-presidency of Administration and Finance, to be led by Mr. Didier Mena Campos, who presently holds the place of Chief Monetary Officer, and the Vice-presidency of Client, Business and Establishment Enterprise Banking, to be held by Mr. Pablo Fernando Quesada Gómez, who heads the Client, Business and Establishment Enterprise Banking division.

The brand new organizational construction contains the appointments of Mr. Alejandro Capote Garza as the brand new Head of SCIB; Ms. Ana Felisa López Escobar, as Head of Human Sources, changing Mr. Juan Ignacio Echeverría Fernández; and Mr. Matías Núñez Castro, as Head of Digital, Innovation and Channels, changing Ms. Maria Fuencisla Gómez Martín.

ABOUT BANCO SANTANDER MÉXICO (NYSE: BSMX BMV: BSMX)
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (Banco Santander México), one of many main banks in Mexico, gives a variety of merchandise and monetary providers, together with retail banking, monetary advisory providers, in addition to different funding actions. Banco Santander Mexico gives a monetary providers platform targeted on the center and high-income segments of the inhabitants in addition to small and medium firms. It additionally offers monetary providers to massive multinational firms in Mexico. As of March 31, 2022, Banco Santander Mexico held whole property of Ps.1,734 billion pesos and had greater than 20.1 million purchasers. Primarily based in Mexico Metropolis, the corporate operates 1,345 branches and workplaces nationwide with a complete of 25,342 staff.

SOURCE Banco Santander México, S.A.

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