Afore Azteca

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Afore Azteca is an Afore owned by Grupo Salinas. The Chief Executive Officer (CEO) of Afore Azteca is Luis Armando Melgar.

Afore Azteca was authorized by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR, "National Commission of the System of Retirement Savings") to operate beginning in February 2003. Afore Azteca began offering its service on March 17 of the same year. By November, the number of clients had reached 370,000 and the amount being managed was 600 million pesos (approximately 55 million US dollars).

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Grupo Salinas

Corporate Directors: Joaquín Arrangoiz | Francisco Borrego | Tristán Canales | Luis J. Echarte | Diego Foyo | Gustavo Guzmán | Alfredo Honsberg | Gustavo Lacroix | Martín Luna | Armando Melgar | Jorge Mendoza | Esteban Moctezuma | Ernesto Nava | Luis Niño de Rivera | Pedro Padilla | Tim Parsa | Ricardo Salinas Pliego | Carlos Septién | Mario San Román | Javier Sarro | Adrian Steckel | José Ignacio Suárez | Gustavo Vega

Assets: Afore Azteca | Azteca América | Banco Azteca | Grupo Elektra | Iusacell | Movil@ccess | Seguros Azteca | todito.com | Telecosmo | TV Azteca | Unefon

Annual Revenue: 3.7 billion USD FY 2005) | Employees: 34,000 | Website: www.gruposalinas.com