Corporate Governance
Corporate Bylaws
The Company was incorporated on March 13, 1967. Its current company name, as of March 19, 2006, is ALFA S.A.B. de C.V., and its registered headquarters is located in the municipality of San Pedro Garza García, Nuevo León.
The Company is managed by a Board of Directors which comprises twelve regular members who have no alternates. Of this number, seven are Independent, three are Related Proprietary, one is Independent Proprietary and, lastly, one without a specific classification, for being the CEO of a public limited company in whose board of directors our President participates.
*Information only available in Spanish
Best Corporate Practices
ALFA works to ensure that the decisions made in pursuit of the company’s strategy are consistent with the highest standards of integrity, transparency, and value generation. ALFA adheres to the Code of Principles and Best Practices of Corporate Governance (known by its Spanish acronym CMPC), which has been in place in Mexico since 2000.
The purpose of the Code is to provide Mexican companies with a series of recommendations that will enable them to make their management performance more efficient and to provide timely and transparent information to their shareholders and creditors, as well as a framework of reference for corporate governance matters, to increase investor confidence in Mexican companies.
*Information only available in Spanish
Official Documents
* Information only available in Spanish
Shareholders Meeting Documents
* Information only available in Spanish
- Extraordinary General Meeting ALFA
- ALFA Transformation
- Meeting Registration Procedure
- Notice of Rights Exercise
- Statement of Interest
- Statement of Interest (Physical Shares)*
- Statement of Interest (Government Authorization)*
- Share Subscription - Discussion and illustrative examples
- Notice of Capital Increase
Management Team
Álvaro Fernández Garza
Joined ALFA in 1991. Bachelor’s degree from Notre Dame University. Master degrees from Tecnológico de Monterrey and MBA from Georgetown University.
Rodrigo Fernández Martínez
Joined ALFA in 1998. Bachelor’s degree from the University of Virginia. Master's degree from Wharton School.
Eduardo Alberto Escalante Castillo
Joined ALFA in 1981. Bachelor’s degree from Tecnológico de Monterrey. Master's degree from Stanford University.
Board Committees
To properly perform its duties, the Board of Directors is supported by three committees: A) The Audit Committee, B) The Corporate Practices Committee and C) The Planning and Finance Committee. Each board member participates in at least one of these committees and each committee is chaired by an independent director. The Audit and Corporate Practices Committees are comprised solely of independent directors. The Board meets six times a year to resolve matters within its purview.
Board of Directors
María Teresa Arnal (1)
ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. More than 25 years of experience in technology companies such as Google, Twitter, and Microsoft.
Diego Calderón Rojas (3)
ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the Boards of Grupo Franca, FEMSA (substitute), Cámara de Propietarios de Bienes Raíces N.L. (CAPROBI) and ALFA Fundación.
Enrique Castillo Sánchez Mejorada (1A, B)
ALFA Board member since March 2010. Chairman of ALFA’s Audit and Corporate Practices Committees. Member of the Boards of Banco Nacional de México (Banamex), Southern Copper Corporation, Grupo Hérdez, Médica Sur and Grupo Invekra.
Álvaro Fernández Garza (2C)
ALFA Board member since April 2005. Chairman of the Boards of Alpek, Nemak and Controladora Axtel. Co-chair of the Board of Axtel. Member of the Boards of Cydsa, Vitro and The Mexican Business Council.
Armando Garza Sada (3C)
ALFA Board member since April 1990. Member of the Boards of Alpek, Nemak and Controladora Axtel, Axtel, BBVA Mexico, Cemex, Lamosa and Liverpool.
Brenda Garza Sada (3)
ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the International Board of the Harrington Institute.
Claudio X. González Laporte (1B)
ALFA Board member since December 1987. Member of the Boards of Fondo México, Grupo México and Grupo Carso, Consultant of Fondo Capital and Director Emeritus of General Electric Company.
David Martínez Guzmán (1C)
ALFA Board member since March 2010. Member of the Boards of Cemex, ICATEN, Vitro and Banco Sabadell.
Eduardo Padilla Silva (1)
ALFA Board member since March 2025. Sigma Advisory Board member since April 2022. Member of the Boards of Grupo Lamosa, Tiendas Coppel, Proeza and Signature Aviation.
Alejandra Palacios Prieto (1)
ALFA Board Member since May 2024. Member of the Boards of Grupo Aeroportuario del Pacífico, BBVA Mexico, School of Social Sciences and Government of Tecnológico de Monterrey, and International Women’s Forum (IWF), Mexico chapter.
Anthony Pralle (1)
ALFA Board member since March 2025. Sigma Advisory Board Member since April 2022. Member of the Boards of Fremman Capital, Look Cycle, Replika Software, Smile and Learn, and Sherborne Schools Group.
Alejandro Ruiz Fernández (3)
ALFA Board member since March 2025. Sigma Advisory Board Member since April 2022.
Adrián G. Sada Cueva (C)
ALFA Board member since March 2021. Board member of Vitro, Nemak, the Mexican Business Council and Organización Vida Silvestre.
Ricardo Saldívar Escajadillo (1)
ALFA Board Member since March 2025. Sigma Advisory Board Member since April 2022. Member of the Boards of FEMSA, Axtel and Grupo Industrial Saltillo. Former President and CEO of The Home Depot Mexico.
Carlos Jiménez Barrera
- (1) Independent Board Member
- (2) Related Proprietary Board Member
- (3) Independent Proprietary Board Member
- (A) Audit Committee
- (B) Corporate Practices Committee
- (C) Planning and Finance Committee
