|
Grupo Famsa’s positive performance rests on sound Corporate Governance practices, and the company seeks, in all of its operations, to act in complete compliance with the “Code of Better Corporate Practices” recommended by the Mexican Stock Exchange and the National Banking and Securities Commission. This has resulted in the optimal functioning of the Board of Directors, whose obligation is, in coordination with the Audit Committee and the Committee of Company Practices, to plan, approve, and overlook all of the Company’s operations.
|
|
Management Team
Grupo Famsa, S.A.B. de C.V. | ||||||||||||||||||
|
|
Board of Directors
Grupo Famsa, S.A.B. de C.V.
The members of our Board of Directors are elected at Ordinary Shareholders’ Meetings and exercise their functions for a one-year period with the possibility for reelection. The members of Grupo Famsa’s Board of Directors are:
| ||||||||||||||||
| ||||||||||||||||
|
The officials of Grupo Famsa’s Board of Directors are: | ||||||||||||||||
| ||||||||||||||||
|
(*) Officials who do not form part of the Board of Directors.
|
|
Audit Committee
The Audit Committee was created at the Ordinary and Extraordinary Shareholders’ Meeting held on April 28, 2006. Since its creation, in accordance with Mexican securities legislation (Ley del Mercado de Valores), all members of the Committee are Independent Directors, and two of them qualify as financial experts. The members of the Audit Committee are:
| ||||||
| ||||||
|
Among the responsibilities of the Audit Committee are: | ||||||
|
|
Corporate Practices Committee
The Corporate Practices Committee was created at the Ordinary Shareholders’ Meeting held on December 14, 2006. Since its creation, in accordance with Mexican securities legislation (Ley del Mercado de Valores), all of its members are Independent Directors. The members of the Corporate Practices Committee are:
| ||||||
| ||||||
|
The Corporate Practices Committee is responsible for, among others: | ||||||
|
|
Board of Directors
Banco Ahorro Famsa, S.A., Institución de Banca Múltiple
In accordance with Mexican legislation (Article 21 of the Ley de Instituciones de Crédito) and the general stipulations issued by the Federal Government, through the Ministry of Finance (Secretaría de Hacienda y Crédito Público), the administration of Banco Ahorro Famsa is entrusted to a Board of Directors made up of 9 Directors; four of whom act as Independent Directors. The members of Banco Ahorro Famsa’s Board of Directors are:
| ||||||||||||||||
| ||||||||||||||||
|
The officials of Banco Ahorro Famsa’s Board of Directors are: | ||||||||||||||||
| ||||||||||||||||
|
(*) Officials who do not form part of the Board of Directors.
|
 |
|
|
|