Grupo Financiero Santander Mexico. (BSMX) Posts Improved Q1 Profit; Names New CFO

Grupo Financiero Santander Mexico, S.a.b. De C.v. (NYSE: BSMX) reported Q1 EPS of Peso0.52, versus Peso0.15 reported last year.

The company also announced that Didier Mena has been hired as Chief Financial Officer, reporting to Pedro Moreno, Vice President of Administration and Finance.

Executive President and CEO of Santander México, Héctor Grisi, said "Santander México has an enviable team of senior talent and Didier brings more than 20 years senior management experience from across corporates and the financial sector in Mexico. We are committed to executing strategies that will see us become Mexico's market leader in profitability and sustainable growth, and reach our long-term return targets."

Mr. Mena brings broad corporate and financial sector experience, most recently as Managing Director at investment bank ExeFin. Before, he worked at Credit Suisse where he was Head of the Financial Institutions Group for Latin America. He was also Chief Financial Officer at Financiera Independencia, and has held several positions at BBVA Bancomer.

For earnings history and earnings-related data on Grupo Financiero Santander Mxico, S.a.b. De C.v. (BSMX) click here.

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