Mexico City, Mexico April 13, 2020.- Aleatica S.A.B. de C.V. (“Aleatica” or the “Company”) informs the market that Aleatica S.A.U. announced the appointment of Marco Antonio Padilla Mérigo as Chief Compliance and Risk Officer (CCRO), effective today. The appointment of Mr Padilla as CCRO of Aleatica was also made effective today by the Company in terms of its bylaws and Mexican applicable law.
This appointment, as explained in a press release earlier today, comes after the creation and consolidation of the Global Compliance and Risk division of Aleatica in 2018, as a result of the efforts led by IFM Investors to enhance corporate governance, transparency, and compliance within Aleatica.
Mr. Padilla will lead the global Compliance and Risk division of Aleatica, which was created in 2018 as a result of the efforts led by its controlling shareholder IFM Investors to enhance corporate governance, transparency, and compliance within Aleatica. Mr. Padilla’s appointment seeks to deepen and strengthen the ongoing efforts to consolidate the company as best-in-class in terms of corporate integrity.
Mr. Padilla will be based in Mexico City, which will enable a greater focus on the compliance and risk aspects of Aleatica’s Latin America businesses.
Further, Aleatica S.A.U. commented on Mr. Padilla Merigo’s extensive experience in the compliance and ethics space.
Mr. Padilla has an extensive corporate track record in international compliance and ethics. He occupied different positions during a decade-long tenure at Weatherford International Ltd., including Senior Counsel & Ethics and Compliance Global Director. Under this capacity, he oversaw ethics and compliance teams in multiple geographies and was responsible for implementing compliance and corporate governance programs according to international best practices.
Mr. Padilla is a regular speaker and panelist at national and international compliance events. He also has significant experience within private practice and as an in-house lawyer for leading organizations.
Aleatica S.A.B. de C.V. remains committed to strengthening governance, transparency and corporate integrity through the adoption of international best practices, through continued focus on its five strategic pillars: safety, sustainability, customer service, transparency / governance and team.