BBVA has promoted BBVA Bancomer chairman and chief executive
Ignacio Deschamps to be head of a newly created
division, Banca Retail, overseeing retail banking at a global
level as well as the entirety of its LatAm businesses. Vicente
Rodero, who previously oversaw BBVA's South American
operations, replaces Deschamps as chief of Bancomer. Luis
Robles Miaja takes over as chairman of BBVA Bancomer.
Responsibilities for retail banking at the parent were
previously handled by José María García
Meyer-Dohner, who has left the bank. Jaime Lomelín has
retired as chief executive of Mexican miner Fresnillo, after 41
years with Peñoles and its subsidiary Fresnillo. Octavio
Alvidrez, general manager of Peñoles' Madero mine, takes
over. Lomelín, chief executive of Peñoles for 26
years before becoming head of Fresnillo in 2008, remains...
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