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January 17, 2022
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6 Mexican directors who marked the recent history of Citibanamex

6 Mexican directors who marked the recent history of Citibanamex

Franciso Legorreta Chauvet

Francisco Legorreta Chauvet replaced his father, Agustín Legorrela López Guerrero, as general director of the National Bank of Mexico in 1971. Ten years later, during José López Portillo’s six-year term, banking was nationalized, and the financial institution passed into the hands of the Condition.

Already in the government of Miguel de la Madrid, Legorreta kept what was the Banamex brokerage house and, in the end, turned it into Inverlat, although it did not go as well as he expected.

Between 1982 and 1983, the bank’s general management was headed by Rubén Aguilar and Fernando Solana, the latter appointed by Miguel de la Madrid.

David Ibarra Munoz

In 1984, when the bank turned 100 years old and adopted the acronym Banamex and after the nationalization of banking, David Ibarra Muñoz assumed management functions.

Ibarra Muñoz, after his stay at Banamex, held the position of Secretary of the Treasury (1977-1982), was director of the Mexico office of the Economic Commission for Latin America and the Caribbean (ECLAC) from 1970 to 1973, and director General of National Financial (1974-1976).

Alfredo Harp Helu

6 Mexican directors who marked the recent history of Citibanamex

In 1991, after buying the Banco Nacional de México together with Roberto Hernández Ramírez and a group of investors, Alfredo Harp Helú took over the presidency of the bank’s Management Committee with the powers of CEO.

He left office in 1996, the year he bought the Guerreros de Oaxaca baseball team. Two years before he acquired the Red Devils of Mexico; both squads belong to the Mexican Baseball League (LMB).

In 2004 he founded the Baseball Academy in Oaxaca and since 2012 he is a shareholder of the San Diego Padres, ninth in the United States Major Leagues. In 2019, the construction of the baseball stadium that bears his name in Mexico City was completed.



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