The prestigious international publication Institutional Investor recognized Grupo Financiero Banorte as the “Most Honored Company” in Mexico in its “Latin America Executive Team” ranking, awarding the bank first place in key industry categories in 2022. 

The magazine also ranked Banorte in the top three in each category in Latin America, where it was among the most honored companies.

“We are proud that investment professionals from around the world, consulted by Institutional Investor, recognize the talent of our leaders and our teamwork,” said Banorte Chairman Carlos Hank González. 

“This is a boost to consolidate our position as the best financial group in Mexico and to continue working for and with Mexicans,” he said.

To choose the winners, Institutional Investor surveyed more than 900 investment professionals around the world, who evaluated 357 Latin American listed companies. It consulted buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions.

Banorte executives and its operations drew top honors in these categories:

  • Best Chief Executive Officer: Marcos Ramírez Miguel
  • Best Finance Director: Rafael Arana de la Garza
  • Best Investor Relations Professional: Tomás Lozano Derbez
  • Best Investor Relations Team: Banorte
  • Best Investor Relations Program: Banorte
  • Best ESG: Banorte 
  • Best Crisis Management, COVID -19: Banorte 
  • Best Investor/Analyst Event: Banorte 

Attributes measured included credibility, leadership, communication and commercial and market knowledge.

Banorte CEO Marcos Ramírez Miguel said the international recognition from financial analysts “demonstrates the credibility we have earned with them. We are convinced that this achievement will further strengthen their confidence in us.”

Institutional Investor is a leading international financial publisher whose readership includes influential decision-makers in asset management and banking. For more than 30 years, the publication has recognized companies through its global rankings. The integrity and credibility of the ratings it issues have been designated as a standard for measuring excellence.

Earlier this year, World Finance, a UK-based business magazine with a global, online readership, gave Banorte Best Retail Bank in Mexico and Best Corporate Governance awards – the only bank in Mexico to win in those categories.

The outlet said Banorte continues to lead the way in the “customer-first era” of retail banking.

Separately, Banorte’s digital assistant, named Maya, which makes online banking easier for customers, won international acclaim.

Maya was cited as one of the best banking innovations worldwide in the 2021 Analytics and Artificial Intelligence category by the European Finance Management Association (EFMA) and Accenture.