In addition to Banamex, these are the other businesses of the businessman Fernando Chico Pardo

What are the businesses of Fernando Chico Pardo?

According to the 2024 ranking of the 100 most important entrepreneurs in Mexico prepared by ExpansionChico Pardo is president of two important companies and is part of several organizations and business groups.

Among its positions, the presidency of the Southeast Airport Group (ASUR), which last year recorded sales for 25,822 million pesos, has 2,101 employees and quotes on the stock exchange.

Asur is the first airport group in Mexico and Latin America that simultaneously quotes in the Mexican Stock Exchange and in the New York Stock Exchange.

Also presides PROMECAP ACQUISION COMPANYa leading investment firm in Mexico that does not quote on the stock market. The company makes risk capital investments, participates in public markets and offers assets and transactions advice services.

Pardo boy is a member of the Council CARRIX-SSA MARINE INC.alternate member of the Council of BBVA Mexico Financial Groupindependent counselor of Saltillo Industrial Group and alternate member of the Council of Carso Group.

How was your deal with Banamex?

Fernando Chico Pardo and his family agreed to acquire Citi a 25% of Banamex’s shareholding operation that requires regulatory authorizations in Mexico and that is expected to conclude in the second half of 2026.

Banamex managers pointed out that the investment represents a strategic link that will allow progress in the Bank’s digital and operational transformation, as well as its growth in different business lines.

For his part, Chico Pardo highlighted his commitment to collaborate with the institution and his confidence in the management team to continue the modernization of their processes and customer service.

“We are very committed and happy to be part of Banamex, which is an iconic institution in Mexico with a very promising future.

“We have a lot of confidence in the team and we will continue working very closely in the transformation that they have already started, expediting their digitalization Punta to Punta, with an exceptional focus on customer satisfaction at any point of contact, and that further accelerates the growth they have already started,” said the businessman.

CITI, on the other hand, maintains as strategic priority its divestment of Banamex and will adjust any future decision regarding the initial public offer according to market conditions and current regulations.