Business Context and Reporting Period
Company: Grupo Supervielle S.A.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: October 3, 2017
Subject: Relevant Fact - Changes in the Organizational Structure
This filing discloses an update to the Company's Functional Organization Chart and Manual of Functions approved by the Board of Directors on October 3, 2017. The document details specific executive appointments and role expansions within the management team.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, liquidity, or other key financial metrics. This report focuses exclusively on corporate governance and personnel changes.
Material Changes
The following material changes to the organizational structure were reported:
- Chief Credit Officer: Mr. Pablo Di Salvo was appointed to replace Mr. Javier Martínez Huerga, who resigned for personal reasons. Mr. Di Salvo brings approximately 30 years of industry experience from institutions including BankBoston, Banco Itaú, Banco Supervielle, and American Express.
- IT and Operations: Mr. Marcelo Vivanco continues to lead the IT Department and has assumed additional responsibility for the Operations area. His role now encompasses providing technological vision for IT and Operations initiatives to ensure market leadership and customer satisfaction.
- Central Services and Supply Management: Ms. Claudia Andretto was appointed to lead this area. Her responsibilities include coordinating procurement, contracting, general services, construction, maintenance, building planning, general treasury, and physical security across all Grupo Supervielle companies.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, market outlook, or specific risk factors. However, the appointment of the new Chief Credit Officer highlights a strategic focus on:
- Directing global credit risk policies across all business units.
- Increasing market penetration through inclusive credit policies while maintaining risk-consistent pricing.
- Minimizing losses related to defaults and maximizing asset protection.
Key Facts for Investor Verification
- Verify the effective date of Mr. Pablo Di Salvo's appointment as Chief Credit Officer.
- Confirm the scope of Mr. Marcelo Vivanco's expanded duties regarding Operations.
- Review the Company's subsequent credit risk performance metrics to assess the impact of the new leadership.
- Check for any further filings regarding the resignation of Mr. Javier Martínez Huerga.