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:

  1. Discuss and approve any investment or disinvestment of Fibra Mty that represents between 5% and 20% of the stockholders’ equity of the issuer
  2. Discuss and approve the appointment of Fibra Mty’s Audit, Corporate Practices, Nominations, Investment, and Indebtedness Committees
  3. Discuss and approve accounting and internal control policies, as well as auditing guidelines
  4. Discuss and approve modifications to the Distribution Policy and any proposed distribution
  5. 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

Fibra Mty’s Technical Committee is formed by a diverse group of professionals who have been selected due to their skills, reputation, and knowledge in their respective fields. In particular, the independent members of our Technical Committee possess knowledge regarding economics, equity markets, international trade, and business management, which complement the expertise of our Internal Manager when it comes to investment management and the real estate industry.

The Technical Committee is comprised by the following members:

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 Alternate
Bernardo Guerra Treviño (Presidente) Yes Mauricio Morales Sada
Alberto Terrazas Seyffert Yes Enrique Terrazas Torres
Eugenio Clariond Reyes Yes Eugenio Clariond Rangel

Primary functions:

  1. Discuss and, as the case may be, approve the appointment, removal, or replacement of the External Auditor
  2. Evaluate the performance of the External Auditor, as well as analyze the opinions, reports, and documents prepared by the External Auditor
  3. Investigate and report on possible infringements of Fibra Mty’s guidelines, policies, internal control, or auditing practices
  4. 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 Alternate
Juan Calderón Guzmán (Presidente) Yes Santiago Pinsón Correa
Alberto Terrazas Seyffert Yes Enrique Terrazas Torres
Bernardo Guerra Treviño Yes Mauricio Morales Sada

Primary functions:

  1. Convey their opinion to the Technical Committee on transactions with related parties
  2. Review and recommend the approval of the Internal Manager’s budget
  3. Assess and recommend the incentive plan

Investment Committee

Member Independent Alternate
Federico Garza Santos (Presidente) No David Garza Santos
Guillermo Babatz Torres No Carlos García Reyes
Juan Calderón Guzmán Yes Emilio Jesús Marcos Charur
Alberto Terrazas Seyffert Yes Enrique Terrazas Torres
Eugenio Clariond Reyes Yes Eugenio Clariond Rangel
Bernardo Guerra Treviño Yes Mauricio Morales Sada
Andrés Ochoa Bünsow Yes Alberto Eugenio Garza Santos

Primary functions:

  1. Perform recommendations on significant expenditures regarding external consultants
  2. Perform recommendations on terms and conditions concerning investment or disinvestment agreements
  3. In addition to the other controls in place, transactions with related parties should be subject to this Committee’s recommendations

Nominating Committee

Member Independent Alternate
Federico Garza Santos (Presidente) No David Garza Santos
Eugenio Clariond Reyes Yes Eugenio Clariond Rangel
Bernardo Guerra Treviño Yes Mauricio Morales Sada

Primary functions:

  1. Propose to the CBFI Holders’ Meeting a list of independent members for the Technical Committee
  2. Evaluate and recommend to the Technical Committee the renewal or replacement of the Internal Manager’s executives.

Indebtedness Committee

Member Independent Alternate
Eugenio Clariond Reyes (Presidente) Yes Eugenio Clariond Rangel
Juan Carlos Calderón Guzmán Yes Santiago Pinsón Correa
Alberto Terrazas Seyffert Yes Enrique Terrazas Torres

Primary functions:

  1. 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
  2. Timely reporting of any failure to comply with the above

Federico Garza Santos

Mr. Garza Santos is a businessman and currently Chairman of Grupo Delta and its subsidiary Numa Inmuebles. Additionally, Mr. Garza Santos is the Chairman of the Technical Committee of Deltack and a member of the board of directors at Delta USA, Tres Vidas Acapulco and Promotora Ambiental. Mr. Garza Santos holds a degree in Industrial and Systems Engineering from Monterrey Institute of Technology and Higher Education (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

Mr. Babatz has been Director of Coordination and Training of Domestic Credit and General Director of Insurance and Securities at the Ministry of Finance, Head of Sociedad Hipotecaria Federal, Chairman of the Mexico’s banking and securities regulator (CNBV) and is currently a member of the board of directors at Bank of Nova Scotia (Scotiabank), Canada and Chairman of Grupo Financiero Scotiabank Inverlat and its subsidiaries, in addition to trustee of the International Financing Reporting Standards Foundation (IFRS Foundation). Mr. Babatz holds a B.A. in Economics from Mexico Autonomous Institute of Technology (Instituto Tecnológico Autónomo de México – ITAM) and a Ph.D. in Economics from Harvard University.

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.

Alberto Federico Terrazas Seyffert

Mr. Terrazas has a degree in Industrial and Systems Engineering from the Monterrey Institute of Technology and Higher Education (Instituto Tecnológico y de Estudios Superiores de Monterrey – ITESM), an OPM Diploma from Harvard Business School and he is the CEO of one of the most important companies in northern Mexico, Grupo Punto Alto. He served as Chairman of the National Chamber of Transformation Industries (Cámara Nacional de la Industria de la Transformación – CANACINTRA) in the State of Chihuahua from 2009 to 2012, Chairman of Desarrollo Económico, A.C. (2013-2016) and director of BBVA Bancomer (currently BBVA) and Banorte. Additionally, Mr. Terrazas Seyffert is member of the board of directors at the following companies: Copachisa, Demek, Emycsa, ESJ, Grupo Cementos Chihuahua, Grupo Ruba, and Grupo Cofiasa

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

Mr. Clariond is the Honorary Chairman of Grupo Cuprum, Grupo Cleber, and Fultra. Among other positions, he has served as Chairman and CEO of Grupo IMSA, VP of the World Business Council for Sustainable Development (WBCSD), Chairman of the Mexican Chapter of the North American Committee, Chairman of the U.S. - Mexico Chamber of Commerce, and Chairman of the National Foreign Trade Council (Consejo Nacional de Comercio Exterior – CONACEX), and Chairman of the Mexican Businessmen Council (Consejo Mexicano de Hombres de Negocios). Mr. Clariond has a Bachelor’s and a Master’s Degree in Business Administration from the ITESM. Additionally, Mr. Clariond Reyes is the Sole Manager of Buró Inmobiliario Elite and member of the board of directors at the following companies: Grupo Industrial Saltillo, Orbia, and Grupo Financiero Ve por Más. He is also member of the Technical Committee of Fibra Mty, Grupo Energex, and Exel del Norte.

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

Mr. Calderón has extensive experience in the financial and risk areas of Invercap, Vector, Cemex, Merrill Lynch, and Banamex. He is also a Founding Partner and Director of Arvo Capital. Mr. Calderón has a Bachelor’s Degree in Economics from the ITESM and an MBA from the Massachusetts Institute of Technology (MIT). Additionally, Mr. Calderón Guzman is member of the board of directors at Banregio, Grupo Vigia, Afore Invercap, and Thelsa Mudanzas.

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

Mr. Ochoa is a practicing lawyer, investor, and director of several companies. He was a partner at Baker & McKenzie since 1986, where he served as a transactional lawyer and throughout his career he held a string of management positions, including Chairman of the Global Policy Committee at Baker & McKenzie International, Chairman of the Global Financial Committee, Chairman of the Latin American Regional Council and National Managing Partner of the firm’s Mexico office. He was also a member of the firm’s Global Executive Committee, where he performed his duties under the leadership of Christine Lagarde, former Chairwoman and 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 as a number of Chambers Latin America’s awards, won in a consistent fashion, and Latin Lawyer’s Latin American Law Firm Leader of the Year 2013. He actively participates in associations such as the Mexican Bar Association and the Monterrey Chapter of the U.S. – Mexico Chamber of Commerce, from which he served as Chairman and currently chairs the International Trade Committee and the Mexican Economic Development Committee (Comité de Fomento Industrial y Desarrollo Económico – COFIDE). Mr. Ochoa received his Law Degree from the Escuela Libre de Derecho in Mexico City and his Master’s Degree in International Corporate Law from the Columbia University in New York City. Mr. Ochoa, apart from practicing in Mexico, he is a member of the New York State Bar Association since 1986. Additionally, Mr. Ochoa Bünsow is a board member of the following companies: Farmacias Benavides, S.A.B. de C.V., Incap del Mar, Incap Tata Tulum, Güntner de México, Christus Muguerza, Cinquefoil, El Paso Industrial Supplies México, EPIS Logistics, Grupo Club PM Project Management, Grupo de Desarrollo y Entretenimiento de Hermosillo, Oceana de Cancún, Promotora Inmobiliaria Villa XXI, Nao Hotel Group, Vivace, U.S. - Mexico Chamber of Commerce, Barra Mexicana Colegio de Abogados, and Club Hípico Monterrey.

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).

Luz Adriana Ramirez Chávez

Mrs. Ramirez Chavez currently performs as CEO of VISA Mexico, in addition to being VP of the Executive Council at Empresas Globales (CEEG) and VP of the Mexican Association of Executive Women (Asociación Mexicana de Mujeres Ejecutivas – AMME). She has also been a member of the IPADE’s Women in Senior Management committee and American Chambers’ Diversity committee. Mrs. Ramirez holds a Bachelor’s Degree in Chemical Engineering from La Salle University (Universidad La Salle – “ULSA”), an MBA and has also undertook studies in Finance and Investment Projects Assessment at the University of Buenos Aires (Universidad de Buenos Aires – “UBA”). Additionally, she completed the “Women on Boards” program at Harvard Business School.

Carmen Garza T. Junco

Ms. Garza T Junco has 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. She is member of the Board of Managers of Frisa Industrias, Universidad de Monterrey, Consejo de Nuevo León para la Planeación Estratégica. Cofounder and Board Member of the first community foundation in Nuevo León, Fundación Para Unir y Dar, 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.