Committees
Structure aligned with our investors
Fibra Mty was established in 2014, for the purpose of acquiring, managing, and developing a high-quality real estate portfolio in Mexico, focused mainly on office properties.
Technical Committee
The Technical Committee is the supreme body of Fibra Mty’s Corporate Governance, which has the authority to carry out all activities related to the issuer and real estate trusts not reserved for the CBFI Holders’ Meeting or those assigned to the Internal Manager in accordance with applicable internal regulations. The following is a list of the main functions of the Technical Committee:
- Discuss and approve any investment or disinvestment of Fibra Mty that represents between 5% and 20% of the stockholders’ equity of the issuer
- Discuss and approve the appointment of Fibra Mty’s Audit, Corporate Practices, Nominations, Investment, and Indebtedness Committees
- Discuss and approve accounting and internal control policies, as well as auditing guidelines
- Discuss and approve modifications to the Distribution Policy and any proposed distribution
- Monitor and evaluate the performance of Fibra Mty’s Internal Manager, its officers, and any external service provider, as well as approving the renewal and replacement of the same
Our Technical Committee is comprised of 8 members, 6 of whom qualify as independent. Our Technical Committee is comprised of a diverse group of professionals who have been selected for their ability, reputation and expertise in their respective disciplines. In particular, the Independent Members of our Technical Committee collectively have expertise in economics, finance, capital markets, international trade and management, which complements the investment management and real estate expertise of our Administrator.
| Year | 2019 | 2020 | 2021 |
|---|---|---|---|
| Average board meeting attendance | 97% | 94% | 97% |
The names and ages of the persons who currently serve as members of our Technical Committee and have been appointed pursuant to our Trust Agreement are described below:
The appointment of the Technical Committee’s members and their respective alternates shall be for a period of one year, with the understanding that they may be renewed by the CBFI Holders’ Meeting for equal or lesser periods.
Each member of the Technical Committee must act in good faith and according to what such member deems to be in the best interest of Fibra Mty. Such members shall conduct their respective actions diligently and in compliance with the duties of loyalty and diligence established in the Mexican Stock Market Law, applicable to Mexican REITs.
Audit Committee
| Member | Independent |
|---|---|
| Andrés Ochoa Bünsow (Chairman) | Yes |
| Juan Carlos Calderón Guzmán | Yes |
| Luz Adriana Ramirez Chávez | Yes |
Primary functions:
- Discuss and, as the case may be, approve the appointment, removal, or replacement of the External Auditor
- Evaluate the performance of the External Auditor, as well as analyze the opinions, reports, and documents prepared by the External Auditor
- Investigate and report on possible infringements of Fibra Mty’s guidelines, policies, internal control, or auditing practices
- Gather comments or complaints from CBFI holders, creditors, members of the Technical Committee, or other interested third parties concerning Fibra Mty’s guidelines, policies, internal controls, and auditing practices
Corporate Practices Committee
| Member | Independent |
|---|---|
| Juan Carlos Calderón Guzmán (Chairman) | Yes |
| Andrés Ochoa Bünsow | Yes |
| Eugenio Santiago Clariond Reyes | Yes |
| Guillermo Enrique Babatz Torres | No |
Primary functions:
- Convey their opinion to the Technical Committee on transactions with related parties
- Review and recommend the approval of the Internal Manager’s budget
- Assess and recommend the incentive plan
Investment Committee
| Member | Independent |
|---|---|
| Federico Garza Santos | No |
| Guillermo Enrique Babatz Torres | No |
| Juan Carlos Calderón Guzmán | Yes |
| Alberto Federico Terrazas Seyffert (Chairman) | Yes |
| Eugenio Santiago Clariond Reyes | Yes |
| Andrés Ochoa Bünsow | Yes |
| Luz Adriana Ramirez Chávez | Yes |
Primary functions:
- Perform recommendations on significant expenditures regarding external consultants
- Perform recommendations on terms and conditions concerning investment or disinvestment agreements
- In addition to the other controls in place, transactions with related parties should be subject to this Committee’s recommendations
Nominating Committee
| Member | Independent |
|---|---|
| Federico Garza Santos | No |
| Eugenio Santiago Clariond Reyes | Yes |
| Andrés Ochoa Bünsow (Chairman) | Yes |
Primary functions:
- Propose to the CBFI Holders’ Meeting a list of independent members for the Technical Committee
- Evaluate and recommend to the Technical Committee the renewal or replacement of the Internal Manager’s executives.
Indebtedness Committee
| Member | Independent |
|---|---|
| Eugenio Santiago Clariond Reyes (Chairman) | Yes |
| Juan Carlos Calderón Guzmán | Yes |
| Alberto Federico Terrazas Seyffert | Yes |
Primary functions:
- Monitor the establishment of the mechanisms and controls required to verify that any indebtedness incurred by Fibra Mty complies with the provisions of applicable law
- Timely reporting of any failure to comply with the above
Federico Garza Santos
Appointed as a member of the Technical Committee in January 2015, he is Chairman of the Technical Committee and additionally sits on the Investment Committee and the Nominations Committee.
Mr. Garza Santos is an entrepreneur and currently Chairman of the Board of Directors of Grupo Delta, a leading real estate development, investment and project management company that has developed more than one million square meters, a company of which he was CEO, where he developed extensive experience in the development and operation of real estate. On the other hand, he actively participates in organizations that promote social development and citizen participation in the communities. He is also chairman of the board of directors of Numa Inmuebles, a company dedicated to providing real estate consulting, as well as the development and marketing of residential and commercial real estate. Moreover, Mr. Garza Santos is chairman of the technical committee of Deltack, capital administrators for the development of real estate projects in Mexico, and member of the board of directors of Desarrollos Delta USA, Tres Vidas Acapulco, Arinmsur, Citadela Mérida and member of the board of directors of Promotora Ambiental and Inmobiliaria Macroplaza. Mr. Garza Santos holds a degree in industrial and systems engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM).
David Francisco Garza Santos
Mr. Garza Santos has a Bachelor’s Degree in Business Administration from the ITESM. He is currently a Board Member of the following companies: Buró Inmobiliario Avanti, Delta Inmobiliaria y Valores, Emprendedores Inmobiliarios Delta, LFMG Corporativo, Promotora Ambiental, DCH Administración, Grupo Maquinas Diesel, Kansas City Southern, Grupo Financiero Banorte, Citadela Mérida, El Rincón USA, and Onix Mantenimientos.
Guillermo Enrique Babatz Torres
Appointed as a member of the Technical Committee in January 2015 and additionally forms part of the Investment Committee and the Corporate Practices Committee.
Mr. Babatz has been Director of Coordination and Training of Internal Credit and General Director of Insurance and Securities of the Ministry of Finance, General Director of the Federal Mortgage Society, President of the National Banking and Securities Commission (CNBV). At the CNBV he was responsible for day-to-day operations and acted as Mexico's representative on the Basel Committee on Banking Supervision (BCBS), the International Organization of Securities Commissions (IOSCO) and the Financial Stability Board (FSB). Mr. Babatz is currently a Managing Partner of Atik Capital, a consulting firm specializing in financial structuring, regulatory advice to financial institutions, digital business transformation and risk management. He has extensive experience in the financial, stock market, regulatory, risk management and digital transformation of businesses. Moreover, he is a director of the Bank of Nova Scotia (Scotiabank) in Canada where he chairs the Risk Committee. He is also chairman of the board of Grupo Financiero Scotiabank Inverlat and its subsidiaries in Mexico, as well as Trustee of the IFRS Foundation. Mr. Babatz holds a B.A. in economics from ITAM and a Ph.D. in economics from Harvard University.
Alberto Eugenio Garza Santos
He began his studies in business administration in ITESM, to subsequently graduate from political science in Southern Methodist University. He is a Founding Partner and Chairman of Promotora Ambiental, S.A.B. de C.V. (PASA), Thermion Energy, S.A. de C.V. and Sirius Energy, S.A. de C.V. He founded and is owner of the ecological reserve known as Museo Maderas del Carmen, A.C., located in Coahuila. He served as Chairman of Parque Ecológico Chipinque and presided the Comisión de Medio Ambiente of CANACINTRA. Additionally, he is member of the Board of Managers of Desarrollos Delta, Promotora del Viento, Thermion Renewable, Ventures, Administradora Thermion and Compañía Petrolera Perseus, Chairman and founder of the Observatorio Ciudadano de la Calidad del Aire del Área Metropolitana de Monterrey (OCCAMM).
Alberto Federico Terrazas Seyffert
Appointed as a member of the Technical Committee in January 2015 and additionally forms part of the Indebtedness Committee and the Investment Committee, of which he is Chairman.
Mr. Terrazas holds a degree in Industrial and Systems Engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) and an OPM Diploma from Harvard Business School and is the CEO of one of the most important Chihuahua companies in the region, Grupo Punto Alto, a company focused on the construction, real estate, metal mechanics, aeronautics and services sectors. He was president of the National Chamber of the Transformation Industry (CANACINTRA) in Chihuahua in the period 2009-2012, President of Economic Development AC 2013-2016 and director of BBVA Bancomer and Banorte. He has extensive experience in the real estate and construction sector.
Additionally, Mr. Terrazas Seyffert is a member of the board of directors of Copachisa, an industrial design and construction company with more than 9,000,000 m2 built, and has been a member of the board of directors of Demek, a company that has built more than 400 industrial projects in 20 states of the Mexican Republic, Emycsa, a construction company in steel structures that has produced a total of 206 thousand 300 tons of materials, as well as a total of 5 million 670 thousand m2 of sheet roofing, ESJ, a leading company in the design, manufacture and supply of structural steel solutions that has created structural solutions for more than 31 million square meters, GCC, a leading company in the production of cement, concrete, aggregates and innovative solutions in the construction industry, Grupo Ruba, a housing developer with a track record of more than 40 years and Grupo Cofiasa, a company that sells iron and steel products from northern Mexico.
Enrique Guillermo de Jesús Terrazas Torres
Mr. Terrazas Torres holds a Banchelor’s Degree in Civil Engineering from Cornell University, New York City. Additionally he completed the AD-2 Executive Management Program of the Instituto Panamericano de Alta Dirección de Empresas (IPADE). Mr. Terrazas is member of the Board of Managers of Grupo Cementos de Chihuahua, as well as of some of its subsidiaries, since 1991. Likewise, he is a Board Member of Grupo Punto Alto and Honorary Chairman of Grupo Ruba.
Eugenio Santiago Clariond Reyes
Appointed as a member of the Technical Committee in January 2015 and additionally forms part of the Corporate Practices Committee, the Investment Committee, the Nominations Committee and the Indebtedness Committee, of which he is Chairman.
Mr. Clariond is Honorary Chairman of the Board of Directors of Grupo Cuprum, the leading aluminum extruder in Latin America, Grupo Cleber, a leading multi-brand group in the automotive distribution industry in the North and Northeast of the country, and Fultra, a business group focused on the transportation sector. Among other positions, he has been president and CEO of Grupo IMSA, a leading industrial company in the business segment of processed steel products, where he participated for more than 55 years from management positions to general management, developing extensive experience in the management of leading companies in their industry. He has also been vice-president of the World Business Council for Sustainable Development (WBCSD), president of the Mexican Chapter of the North American 73 Committee (NAC), president of the U.S.-Mexico Chamber of Commerce and president of the National Council of Foreign Trade (CONACEX); president of the Mexican Council of Businessmen. Mr. Clariond has a degree and master's degree in Business Administration from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM). Additionally, Mr. Clariond Reyes is a member of the board of directors of the following companies: Grupo Industrial Saltillo, Orbia, Grupo Financiero Ve por Más and Grupo Galería; he is also a member of the Technical Committee of Fibra Mty, Grupo Energex and Exel del Norte; and former sole director of Buró Inmobiliario Elite.
Eugenio Clariond Rangel
Mr. Clariond Rangel has a Bachelor’s Degree in Chemical and Systems Engineering from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM), an MBA by the University of Texas in Austin and completed the Business Administration International Program of IPADE. He has held several positions in industrial companies, and currently holds the presidency and general management of Grupo Cuprum. He has been in charge and participated as: Board Member and member of the Credit Committee of Banco Ve por Más (BX+), Board Member of MEXICHEM, S.A.B. de C.V., Chairman of the Cámara de la Industria de Transformación de Nuevo León (CAINTRA), VP of the Confederación de las Cámaras Industriales (CONCAMIN), Chairman of the Instituto Mexicano de Aluminio, A.C. (IMEDAL), Board Member of COPARMEX NL and COMCE Noreste. Additionally, Mr. Clariond Rangel is member of the Board of Managers of the following companies: XIGNUX, ELEMENTIA and PYOSA Industrias, Board Member of UDEM and Fundación UANL, Chairman of the Cluster de Vivienda de Nuevo León and Chairman of Consejo de Flora y Fuana de Nuevo León.
Bernardo Luis Guerra Treviño
Mr. Guerra is the founder of MG Capital and has acted as its CEO since 1995. Previously, he has held several key positions in financial institutions in Monterrey and Mexico City. Mr. Guerra Treviño holds a Bachelor’s Degree in Industrial and Systems Engineering from the ITESM.
Mauricio Morales Sada
Mr. Morales Sada has a Bachelor’s Degree in Mechanical Engineering and Administration from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM). He is a Founding Partner and Chairman of MG Capital (1995), a company dedicated to provide advice in capital markets investments. Previous to MG Capital, he served as several positions in Mexican financial institutions.
Juan Carlos Calderón Guzmán
Appointed as a member of the Technical Committee in January 2015 and additionally forms part of the Investment Committee, the Indebtedness Committee, the Audit Committee and Corporate Practices Committee, of which he is Chairman.
Mr. Calderon has an extensive background in financial and risk areas within Invercap, Vector, Cemex, Merrill Lynch and Banamex. Founding partner of Talous Consulting Services. Mr. Calderón holds a degree in economics from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), and an MBA from the Massachusetts Institute of Technology (MIT).
Additionally, Mr. Calderón Guzmán is a member of the board of directors of Banregio, Grupo Vigia, Afore Invercap and Thelsa Mudanzas and a managing partner of Arvo Capital.
Emilio Jesús Marcos Charur
Mr. Marcos Charur has a Bachelor’s Degree in Industrial and Systems Engineering from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM) and an MBA from the University of Illinois. He is the Chief Financial Officer in Arca Continental, the third bottler of Coca Cola in the world. Additionally, he is member of the Board of Managers of Jugos del Valle and Grupo Piasa (Productora Industrial Azucarera).
Andrés Ochoa Bünsow
Appointed as a member of the Technical Committee in July 2017 and additionally serves on the Investment Committee, Corporate Practices Committee and Audit and Nominations Committees, of which he is Chairman.
Mr. Ochoa is a practicing attorney, investor and board member of several public and private companies. He was a partner at Baker McKenzie since 1986 where he practiced transactional law with extensive experience in the corporate finance, M&A, real estate and infrastructure sectors, among others. Throughout his career, he has held various senior management roles including Chairman of Baker McKenzie International's Global Policy Committee, Chairman of the Global Finance Committee, Chairman of the Latin America Regional Council and National Managing Partner of the firm's office in Mexico. He was also a member of the firm's Global Executive Committee, where he served under Christine Lagarde, until recently the Managing Director of the International Monetary Fund. With more than 40 years of experience, Mr. Ochoa Bünsow has been recognized as one of the leading lawyers in corporate and financial law, having received multiple awards, such 74 as his continued certification by Chambers Latin America and Latin American Law Firm Leader of the Year 2013 by the prestigious English magazine Latin Lawyer. He actively participates in associations such as the Nuevo León Council and the American Chamber of Commerce of Mexico, Monterrey Chapter, of which he was President and currently chairs the Committee for Industrial Promotion and Economic Development (COFIDE for its Spanish acronym). He is Chairman of the Board of Directors and President of the Executive Committee of Invest Monterrey (DeMTY, A.C.), a public-private partnership that brings together more than one hundred private companies, public agencies, universities and business organizations to promote the attraction of capital and economic development in the State of Nuevo León. He is 66 years old.
Mr. Ochoa obtained his law degree from the Escuela Libre de Derecho in Mexico City and his LL.M. in International Corporate Law from Columbia University in New York City. In addition to practicing in Mexico, he is a member of the New York State Bar, to which he was admitted by the New York State Supreme Court in 1986.
Additionally, Mr. Ochoa Bünsow is Chairman of the Board of Directors of Grupo Famsa and Cinquefoil, and board member of the following companies: Farmacias Benavides, Güntner de México, Christus Muguerza, El Paso Industrial Supplies México, EPIS Logistics, Grupo Club PM Project Management, Branding Alliance Media, Grupo de Desarrollo y Entretenimiento de Hermosillo, Promotora Inmobiliaria Villa XXI, Vivace, American Chamber of Commerce of Mexico and Nuevo León SEDET Council Comission for the Economic Development and Development of MTY. He also serves as Commissioner of British American Tobacco Mexico.
Carlos Francisco García Reyes
Mr. García Reyes has a Bachelor’s Degree in Industrial and Systems Engineering from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM) and an MBA from the same University. He is a Founding Partner of IAM Consultores, Founding Partner and Board Member of Soiler Fondos Inmobiliarios, Erbe Fonds and Digital Ocean and served as Director of Capital Markets of Vector Casa de Bolsa. Additionally, Mr. García Reyes is the Sole Manager of IAM Inmuebles, Fluvisol, García Canales and member of the Board of Managers of Next Telekom, IAM Activos and Hotspot.
Luz Adriana Ramirez Chávez
Appointed as a member of the Technical Committee in October 2019 and additionally sits on the Investment Committee and Audit Committee.
Ms. Ramirez Chavez is currently the General Director of Visa Mexico, as well as Vice President of the committee of the Executive Council of Global Enterprises (CEEG) and Vice President of the committee of the Mexican Association of Executive Women (AMME), participated in the course "Women on Boards" at Harvard Business School, as well as in the committees of Women in Senior Management at IPADE and Diversity of American Chambers. She has extensive experience in finance and information technology applied to business. She has a degree in Chemical Engineering from La Salle University and an MBA in Business Administration and also studied Finance and Investment Project Evaluation at the University of Buenos Aires, Argentina.
Carmen Eugenia Garza T. Junco
Appointed as a member of the Technical Committee in April 2022. Ms. Garza T Junco holds a Bachelor’s Degree in Business Administration from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM). In 2005 she assumed the management of Fundación Frisa, corporate foundation of FRISA Industrias, global leader in manufacturing of seamless rolled rings and open die forgings, foundation dedicated to support projects that promote social mobility in Nuevo León. She is member of the Board of Directors of Frisa Industrias, Universidad de Monterrey, Consejo de Nuevo León para la Planeación Estratégica, FUNDMEX Fundación del Empresariado Mexicano, A.C.. Cofounder and Chairwoman of the Board of the first community foundation in Nuevo León, COMUNIDAR. In 2015, Ms. Garza T Junco assumed the chair of the Consejo de Participación Ciudadana de la Secretaría de Desarrollo Social del Estado de Nuevo León.
Silvia Lucía Dávila Kreimerman
Appointed as a member of the Technical Committee in April 2021.
Ms. Dávila Kreimerman is currently Latin America Regional President for Danone and Latin America President for the EDP and Waters businesses, as well as a member of the executive committee of Danone Global Group, advisor to UNITEC, board member and fellow of the International Women's Forum (IWF), member of the Young Presidents Organization (YPO) and Women Corporate Directors (WCD). She is also coordinator of the inclusion and diversity group forum of the Business Coordinating Council and the UN Global Compact in Mexico. She holds a bachelor's degree in Marketing from UNITEC and a master's degree in business economics from ITESM, in addition to several postgraduate studies from IMD, Harvard Business School and INSEAD. Ms. Dávila has extensive experience in business transformation, digital transformation, marketing, innovation and team development.