Grisi has announced the goal for Santander Mexico to double its size in five years: “It does not lie in being the biggest, but in being the best.”
Banco Mexicano emerged in 1932, having been its main promoter, former business president Abelardo Rodríguez. In 1955 it was acquired by the Mexican Society of Industrial Credit, from there Banco Mexicano SOMEX emanated. In Héctor Grisi Checa’s service sheet, it appears that already providing his services at Grupo Financiero Inverméxico, he participated in the sale of Banco Mexicano to Banco Santander, of the Botín family.
One of the important news this week is that financial expert Grisi, a Mexican national, has been named Santander’s top global executive officer, trailing only heiress Ana Botín. In the corresponding journalistic note it was written that “he is the first Mexican to reach a position of that level in global commercial banking.”
In the allusive reports, extensive information is offered about the banking and financial trajectory of 36 years of experience of the promoted Grisi, but less about his achievements and future challenges and almost nothing about his personal profile. How is Grisi in his personal, financial and official profile? Regarding his career, Grisi joined Santander in 2015 as executive president and CEO of the Mexican subsidiary and of Grupo Financiero Santander México and in 2019 he was additionally appointed as regional manager for North America, whose main markets are Mexico and the United States. .
Regarding achievements, during Grisi’s stage in Santander Mexico, the portfolio went from 540 to 800 billion pesos, in addition to progress in microfinance with the granting of 800,000 credits.
And in the future, as Santander’s main global official, Grisi seems to have assumed lofty challenges. According to reports, the goal has been set for Santander México to double its size over the next five years, which, admittedly, seems ambitious, but not impossible to achieve, given the growth potential that the country offers. Regarding this aspiration, Grisi’s replacement in Santander México, Felipe García, pointed out: “It does not lie in being the biggest, but in being the best.”
Whether such ambitious goals will be achieved or not will depend on many factors. Still, there may be no doubt about Héctor Grisi’s talents as a banker and civil servant of excellence. Regarding his profile, President Ana Botín has pointed out “that his excellent results speak for themselves…”
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