Who is the new CEO of Banamex?

Edgardo del Rincon, formerly the CEO of Banco del Bajio, has been appointed as the new chief executive officer of Banamex.

Why is Manuel Romo leaving Banamex?

Manuel Romo is resigning from his role as Banamex CEO to pursue projects focused on social issues.

When is Banamex's IPO planned?

Banamex is planning an initial public offering for 2027, with continued stake sales occurring ahead of the event.

Home / Business and Economy / Ex-BanBajio CEO Takes Helm at Banamex

Ex-BanBajio CEO Takes Helm at Banamex

23 Apr

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Summary

Edgardo del Rincon appointed new CEO of Banamex.
Romo departs to pursue social issue-focused projects.
Banamex IPO planned for 2027, with stake sales ongoing.

Grupo Financiero Banamex has appointed Edgardo del Rincon as its new chief executive officer, succeeding Manuel Romo. Del Rincon, who previously led Banco del Bajio, will take over the role after June 1. His appointment comes as Banamex undergoes significant changes, including recent stake sales to investors like Fernando Chico Pardo, General Atlantic, and Blackstone Inc. A public offering for Banamex is anticipated in 2027.

Del Rincon brings extensive experience from his tenure at BanBajio, where he drove the bank's expansion. He also has a long history with Banamex, having spent 34 years with the institution in various capacities. His priorities include advancing Banamex's technological transformation and expanding corporate lending. Manuel Romo is departing to dedicate his efforts to social causes.

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