GRUPO BAFAR, S.A.B. DE C.V. Grupo Bafar, S.A.B de C.V. informed the investing public that it maintains the firm commitment to continuously strengthen its corporate governance, seeking gender diversity in the integration of its administrative body and maintaining the majority of independent directors, which further promotes the firm prospects of generation of economic, social and environmental value. It is through this commitment that at the Annual Shareholders' Meeting held on April 22 of the current year, the incorporation of Gabriela Eugenia Sepúlveda Elizondo to the Board of Directors as an Independent Board Member was approved. Gabriela Sepúlveda Elizondo is a Public Accountant from Instituto Tecnológico y de Estudios Superiores de Monterrey and has senior management studies from Instituto Panamericano de Alta Dirección de Empresas and Harvard Business School.
She is currently CEO of Autotransportes del Real S.A. de C.V and is Counselor to the Economic Development of the State of Chihuahua A.C. In addition, at the meeting of the Board of Directors on November 11, the incorporation of Maria Ariza Garcia Migoya as an Independent Board Member was proposed, unanimously approving her incorporation to the Board and whose appointment will be proposed at the next Shareholders' Meeting for ratification.
