David Suarez on pensions in Mexico | Banorte | Video
World Finance interviews David Suarez, Head of Investor Relations, on Banorte’s mergers with IXE and Afore XXI
Following two mergers in the last two years, Banorte has significantly expanded and transformed its business, to become a leader in many segments of the Mexican financial industry. Banorte IXE now offers a highly competitive premium banking platform, and is considered one of the most important banks and best places to work in Mexico; while Afore XXI Banorte is the country’s second-largest pension fund manager. David Suarez discusses the larger group’s financials and his growth strategy for the next two years.