Quálitas Controladora, S.A.B. de C.V. Announces Executive Changes
February 24, 2016
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Quálitas Controladora, S.A.B. de C.V. announced that with the purpose of continuing with a long term profitable growth, it has proposed a number of measures to strengthen its corporate structure. For that reason, during the Board Meeting held on February 25, 2016, approved the Ratification of Joaquín Brockman Lozano as Chairman of the Board. The company announced the appointment of Wilfrido Javier Castillo Sánchez-Mejorada as Vice Chairman of the Board.
These appointments are subject to the approval of the Shareholder's Meeting to be held in April 2016. Creation of the Chief Executive Officer position at Quálitas Controladora, holding entity of all subsidiaries. Joaquín Brockman Lozano will be responsible for this function, and he will have the direct reports from the CEOs of all subsidiaries, Special Projects and Finance Departments.
Approval of the appointment of Wilfrido Javier Castillo Sánchez-Mejorada as Head of Special Projects. All appointments proposed on the corporate structure will become effective on April 2016.
Qualitas Controladora SAB de CV is a Mexico-based holding company engaged in the insurance sector. The Company focuses on providing automobile insurance products. It offers insurance policies to car fleet owners, financial institutions and individual customers through four segments: Written premiums, Ceded premium, Unearned premiums reserve and Earned retained premiums. The Company is present in Mexico, the United States, El Salvador and Costa Rica. The Company operates through a number of subsidiaries, including Qualitas Compania de Seguros SAB de CV, Qualitas Financial Services Inc, Easy Car Glass SA de CV, Activos JAL and CristaFacil SA de CV, among others.
QUÁLITAS CONTROLADORA, S.A.B. DE C.V. 
