Grupo Financiero Galicia S.A. announced that the board of directors of the company has authorized and approved of the appointment of Messrs. Fabi n E. Kon, as General Manager (CEO). The company announced the current CEO, Mr. Pedro A. Richards, has also tendered his resignation as CEO of the company after 21 years of services. Mr. Pedro A. Richards will continue performing his functions as Regular Director of the company.