14 de Junio de 2024
FINSA, a leader in industrial real estate development, announced an institutional evolution in its leadership. The Board of Directors has appointed Rocío Palafox as the successor to Sergio Argüelles as CEO of the company.
On June 1, Palafox will assume officially the position.
In an environment marked by the structural transformation of the industrial sector in Mexico and the dynamism of the relocation of global supply chains (nearshoring), FINSA has taken an important step towards the strategic evolution that the current market demands. As part of this transition, Sergio Argüelles, who has been the driving force behind the company's historical growth, will continue contributing his vision as Executive Chairman and Chairman of the Board of FINSA.
It is worth noting that this restructuring is part of a carefully planned institutional succession process aligned with best practices in corporate governance.
"From my role as Executive Chairman, I will continue to act as the strategic architect of the company, focusing on the long-term value definition, institutional relationships, and the evolution of our business model to ensure continuity and the creation of sustainable value," highlighted Sergio Argüelles.
The appointment of Rocío Palafox comes at a defining moment for the country. Mexico is positioning itself as one of the most attractive destinations for productive investment at the international level, and along with it, FINSA reaffirms its role as a strategic player and indispensable facilitator for the development and operation of world-class industrial infrastructure.
The appointment of Rocío Palafox as the new General Director responds to the central objective of driving the growth and consolidation of the company's various business areas, which include property development and management, fund management, strategic infrastructure, and the comprehensive operation of industrial parks.
With a career spanning over 30 years in financial leadership, her management and expertise will place special emphasis on four strategic priorities:
To achieve this, four pillars will be strengthened that must permeate the entire strategy: talent development, innovation and technology, compliance and governance, and the environment.
Rocío Palafox has a distinguished international career of more than 30 years in the field of financial leadership. Throughout his career, Palafox has held high-level management positions at institutions such as IDB Invest, General Electric, and General Electric Capital (GE Capital). In these roles, her leadership led to success in process consolidation, financial structuring, and operational efficiency.
Within FINSA, her participation has been fundamental. With the strong support of the management team, Palafox has served as a key figure in strategic relationships with banking institutions and institutional investors. Her experience has been crucial in the capital raising processes, the results of which have leveraged the company's solid expansion in recent years.
With this appointment, FINSA consolidates its institutional positioning and reaffirms its technical, operational, and financial capacity to capitalize on the opportunities presented by the current economic landscape.
FINSA will continue to guarantee certainty, innovation, and sustainable returns for its clients, partners, and investors.