Renowned American publication Institutional Investor has unveiled its annual Latin America Executive Team ranking, considered the foremost reference and the most important confidence indicator for investors worldwide.
Grupo Financiero Banorte (GFNorte) secured the top position in all categories of the ranking for financial companies in Latin America (excluding Brazil, according to Institutional Investor‘s methodology). Furthermore, GFNorte received recognition as the Best Company Board of Directors in the financial sector in Latin America, with Carlos Hank González as their Chairman. Additionally, Banorte has positioned itself among the Most Honored Companies in Mexico for the second consecutive year.
The ranking results are based on the opinions of 1,105 investment professionals from 508 financial services companies. During the survey, participants are asked to rate Boards of Directors, CEOs, CFOs, and Investor Relations professionals, as well as the ESG (Environmental, Social, and Governance) strategies of companies in their various scopes.
The seven categories in the financial sector ranking at the Latin American level, where Grupo Financiero Banorte secured the first place, are as follows:
- Best CEO: Marcos Ramírez Miguel.
- Best CFO: Rafael Arana de la Garza.
- Best IRO (Investor Relations Officer): Tomás Lozano Derbez.
- Best IR Team: GFNorte.
- Best IR Program: GFNorte.
- Best ESG: GFNorte.
- Best Company Board of Directors: GFNorte.
The attributes measured in different categories include credibility, leadership, communication, and commercial and market knowledge, among others.
Carlos Hank González, Chairman of the Board of Grupo Financiero Banorte, stated:
“At Grupo Financiero Banorte, we are proud that the talent of our leaders and teamwork are recognized in such a prestigious ranking as Institutional Investor’s; I have always said that we are the best banking team in Mexico.”
Marcos Ramírez Miguel, CEO of Grupo Financiero Banorte, commented:
“This award shows that at Banorte, we are taking the right steps to become the best bank for our investors, clients, and collaborators; I am grateful that they allow us to be the best financial group in Mexico today.”
Institutional Investor is an international finance publication with over 50 years of experience, targeting the most influential decision-makers in asset management and banking around the world. For over 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.