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Afore XXI Banorte

Banorte is the largest Mexican Afore by assets under management. Afore XXI Banorte S.A. de C.V. formed by the merger of Afore Banorte Generali and Afore XXI, is a private pension fund management company, responsible for managing individual accounts of workers where employers, government and the worker contribute resources to make up their retirement fund.

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Country

Mexico

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$68

Chief Executive

David Razú Aznar

Chief Investment Officer

Leonardo Villa Reynolds

Chair

Carlos Hank Gonzalez

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