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BYMA GROUP ANNOUNCES ORGANIZATIONAL NEWS

6 min
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5/12/2022
BYMA GROUP ANNOUNCES ORGANIZATIONAL NEWS

As a result of an exponential growth in core verticals of its business, the BYMA Group decided to evolve towards a new organizational structure focused on meeting the upcoming challenges, while maintaining its leadership position.

The novelty involves the definition of a CEO for BYMA and the continuity of the Executive Director for Caja de Valores, who from the Executive Committee work together to deepen the vertical integration and continue with the digital transformation that has been developing.

Gonzalo Pascual Merlo will assume the role of CEO of BYMA to lead the initiatives that drive technological innovation, business integration and its evolution and positioning in the Argentine market.

Alejandro Berney continues as Executive Director of Caja de Valores, driving the development of the depository's business, which is growing in complexity and opportunities. He also leads the project to replace the central custody system with NASDAQ, and will carry out the strategy to capitalize on its potential.

This is a strategic decision of the BYMA Group, announced a few days before its 5th anniversary as a stock exchange. It highlights its vision of business integration, based on technological innovation and the establishment of new horizons to continue its consolidation as a leading market.

On the news, Ernesto Allaria, President of BYMA expressed: "Since the creation of BYMA we have been focused on evolution. We are proud to announce this new step in this journey, which has as protagonists two professionals and referents of the Argentine Capital Markets, who have been part of BYMA for years and have achieved important accomplishments". About the appointments, he explained: "Gonzalo Pascual Merlo played a central role in the growth of BYMA's trading vertical since its creation, to the point of representing more than 50% of its consolidated business. With this announcement, we seek to leverage his talent, which has great projections." "Alejandro Berney has been leading the articulation with leading international players such as NASDAQ and promoting projects that have boosted operational efficiency and digital custody, allowing us to provide satisfactory answers to the demands of the real economy. His extensive track record, work and expertise in the field will allow us to take the depository to the next level."

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