Juan Manuel Valle Pereña

Afore Coppel SA de CV AFR is a pension fund manager headquartered in Culiacan, Mexico. The firm was founded in 2006 and is a direct subsidiary of Coppel Capital SA de CV, ultimately owned by Grupo Coppel SA de CV. Afore Coppel offers pensions and manages savings for workers’ retirement. They also provide account statements and keep track of the resources corresponding to the housing sub-account.

Afore XXI Banorte SA de CV (Afore) is a pension fund manager headquartered in Mexico City, Mexico. They are a subsidiary of Banco Mercantil del Norte SA de CV and their ultimate parent is Grupo Financiero Banorte SAB de CV (BMV: GFNORTEO). Afore manages the funds of the workers that are subject to the regulations of the Retirement Savings Systems. They also provide information and advice on retirement.