Unifin Financiera Announces the Appointment of Sergio Camacho Carmona as Chief Executive Officer
Aug. 17, 2018
MEXICO CITY--(BUSINESS WIRE)--Aug 17, 2018--UNIFIN Financiera, S.A.B. de C.V., SOFOM, ENR (ticker symbol: UNIFINA) (“UNIFIN” or the “Company”), informs that as part of its management succession process, strategic planning and corporate governance, the Board of Directors approved the designation of Mr. Sergio Camacho Carmona as Chief Executive Officer of the Company, effective October 1, 2018. Mr. Luis Barroso Gonzalez who currently occupies the position will assume a new mandate as President of the Company’s Executive Committee; continuing to develop strategic planning functions and will work jointly with Mr. Camacho to ensure an orderly and successful transition.
Mr. Rodrigo Lebois, Chairman of the Board of Directors and Mr. Barroso would like to highlight that this designation strengthens UNIFIN’s organizational structure which will allow the Company to continue generating further value for shareholders and clients.
Since 2016, Mr. Sergio Camacho has performed as UNIFIN’s Chief Financial Officer. He holds a degree in Economics and a Master’s in Business Administration from the Instituto Tecnologico Autonomo de Mexico (ITAM), as well as having completed Harvard Business School’s Global Management Program. Before joining the Company, Mr. Camacho held various management positions in both national and international companies.
UNIFIN is the leading independent Mexican leasing company, operating as a non-banking financial services company, specializing in three main business lines: operating leasing, factoring and auto and other lending. Through UNIFIN’s leasing business line, its core business line, the Company offers operating leases for all types of equipment and machinery, various types of transportation vehicles (including cars, trucks, helicopters, airplanes and other vessels) and other assets in a variety of industries. Through its factoring business line, UNIFIN provides liquidity and financing solutions to its customers by purchasing or discounting accounts receivable and by providing vendor financing. UNIFIN’s auto loans business line is focused on financing the acquisition of new and used vehicles.
This document may contain certain forward-looking statements. These statements are non-historical facts, and they are based on the current vision of the Management of Unifin Financiera, S.A.B. de C.V., SOFOM, ENR for future economic circumstances, the conditions of the industry, the performance of the Company and its financial results. The terms "anticipated", "believe", "estimate", "expect", "plan" and other similar terms related to the Company, are solely intended to identify estimates or predictions. The statements relating to the declaration or the payment of dividends, the implementation of the main operational and financial strategies and plans of investment of equity, the direction of future operations and the factors or trends that affect the financial condition, the liquidity or the operating results of the Company are examples of such statements. Such statements reflect the current expectations of the management and are subject to various risks and uncertainties. There is no guarantee that the expected events, trends or results will occur. The statements are based on several suppositions and factors, including economic general conditions and market conditions, industry conditions and various factors of operation. Any change in such suppositions or factors may cause the actual results to differ from expectations.
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David Pernas Sanchez, +52 (55) 4162.8270
Director Investor Relations and Corporate Finance
Estefania Vazquez Ortega, +52 (55) 5249.5800 ext. 5687
In Nueva York
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Maria Barona/Rafael Borja, +1 (212) 406.3691/3693
KEYWORD: MEXICO CENTRAL AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: UNIFIN Financiera, S.A.B. de C.V.
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PUB: 08/17/2018 04:12 PM/DISC: 08/17/2018 04:13 PM