José Carlos Ávila Benito

Grupo Financiero Santander Mexico SAB de CV engages in the provision of financial and related services, including retail and commercial banking, securities brokerage, financial advisory and other related investment activities. It operates through the following segments: Retail Banking, Global Corporate Banking, and Corporate Activities. The Retail Banking segment provides commercial banking and asset management business. It products and services for individuals, private banking clients, small and medium sized enterprises, middle-market corporations and government institutions. The Global Corporate Banking segment includes corporate banking business, including managed treasury departments and the equities business. It offers comprehensive products and services relating to finance, guarantees, mergers and acquisitions, equity and fixed income, structured finance, international trade finance, cash management services, collection services and e-banking, including structured loans, syndicated loans, acquisition financing and financing of investment plans, among others. The Corporate Activities segment comprises of the financial management division, which manages structural financial risks that arise from its commercial activities, mainly liquidity risk and interest rate risk, provides short and long term funding for its lending activities and calculates and controls transfer prices for loans and deposits in local and foreign currencies. The company was founded on November 14, 1991 and is headquartered in Mexico City, Mexico.