Gentera S.A.B. de C.V. Announces Dividend Payable on May 15, 2015; Announces Board Changes
April 27, 2015 at 04:55 pm EDT
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On April 24, 2015, Gentera S.A.B. de C.V.'s Annual Shareholders' Meeting, a dividend payment of MXN 0.76 per share was approved with a May 15, 2015 payment date.
Javier Arrigunaga Gómez del Campo was appointed as a member of the Board of Directors; Mr. Arrigunaga brings his knowledge and experience in the financial system that will support GENTERA in addressing the strategic needs of the business. Mr. Arrigunaga has led large institutions during his career, including the Mexican Banking Association. Mr. Antonio Rallo was appointed member of the Board of Directors; since 2012, Mr. Rallo has been a technology and systems advisor to the Company, which is a key area for GENTERA. Two of esteemed board members announced that they would be stepping down; Mr. Álvaro Rodríguez Arregui, who has been a board member since 2003; and Mr. Guillermo José Simán who has been on the board since 2010. Álvaro Rodríguez Arregui will continue his involvement at GENTERA as an external advisor, supporting the Company in its pursuit of new business development and innovation.
Gentera SAB de CV (Gentera), formerly Compartamos SAB de CV, is a Mexico-based financial institution specialized in banking and credit services. Genteraâs main activities are: granting loans and credits to communal banks, community groups, low-income individuals; offering saving accounts, insurance policies, administration and human resources services, making payments of family remittance and granting operation with securities and other financial instruments. The Company operates in Mexico, the United States, Guatemala and Peru, through such subsidiaries as: Compartamos Banco, a micro-financing bank; Yastas, a network of affiliated merchants that provide payments and financial transactions, Pagos Intermex SA de CV, the payment of family remittances company and Aterna, an intermediary between the distribution channels and the insurance industry.