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Grupo Financiero Santander Mexico Announces That Ana Botin Was Unanimously Appointed To Chair The Board Of Banco Santander


News provided by

Grupo Financiero Santander Mexico, S.A.B. de C.V.

Sep 10, 2014, 08:11 ET

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MEXICO CITY, Sept. 10, 2014 /PRNewswire/ -- Grupo Financiero Santander Mexico, S.A.B. de C.V. (BMV: SANMEX; NYSE: BSMX) ("Santander Mexico"), one of the leading financial groups in Mexico, announced today that the board of directors of its parent company, Banco Santander S.A., unanimously appointed Ana Botin as its chair. The appointment was made at the proposal of the appointments and remuneration committee, which held a meeting this morning.

Fernando de Asua, 1st vice chairman of Banco Santander and chairman of the appointments and remuneration committee, expressed "the deep sorrow for the loss of chairman" and said: "Emilio Botin was extremely important for the bank, leading its extraordinary transformation, turning it into the leading bank in the Euro zone and one of the most relevant in the world, and for Spain." His words were supported by all of the board's members.

The appointments and remuneration committee considered Ana Botin is "the most appropriate person, given her personal and professional qualities, experience, track record in the Group and her unanimous recognition both in Spain and internationally."

After the board's meeting, Ana Botin said: "In these difficult times for me and my family, I appreciate the trust of the board of directors and I am fully committed to my new responsibilities. I have been working at Grupo Santander in different countries and with different responsibilities for many years and I have experienced the professionalism and dedication of our teams. We'll continue to dedicate all our efforts with total determination to keep building a better bank for our customers, employees and shareholders."

ABOUT GRUPO FINANCIERO SANTANDER MEXICO, S.A.B. DE C.V. (NYSE: BSMX; BMV: SANMEX)
Grupo Financiero Santander Mexico, S.A.B. de C.V. (Santander Mexico), one of Mexico's leading financial services holding companies, provides a wide range of financial and related services, including retail and commercial banking, securities brokerage, financial advisory and other related investment activities. Santander Mexico offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico. As of June 30, 2014, Santander Mexico had total assets of Ps.919.9 billion under Mexican Banking GAAP and more than 11 million customers. Headquartered in Mexico City, the Company operates 1,050 branches and 243 offices nationwide and has a total of 14,375 employees.

INVESTOR RELATIONS CONTACT
Hector Chavez Lopez – Managing Director - IRO
+ 52 (55) 5269-1925
[email protected]

Gerardo Freire Alvarado – Executive Director of Investor Relations
+ 52 (55) 5269-1827 / + 52 (55) 5269-1828
[email protected]

Investor Relations Team
[email protected]

SOURCE Grupo Financiero Santander Mexico, S.A.B. de C.V.

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