On November 3rd, SURA Asset Management announced the appointment of Gonzalo Falcone as the new CEO of SURA Investments. This Uruguayan executive had been serving as the Chief Investment Officer of this investment platform and succeeds Pablo Sprenger.

Gonzalo Falcone holds a degree in Economics as well as an MBA from the Universidad Adolfo Ibáñez (Chile). He has accumulated 25 years of experience in the investment industry, which began in 1999 at AFAP SURA in Uruguay, where he worked for 14 years on the investment platform, in addition to being the Company´s General Manager.

He also led the creation of the Wealth Management business (voluntary savings) in Uruguay and since 2013 he took over as the CEO of the subsidiary, SURA Asset Management Uruguay. In 2019, he became part of the SURA Investment Management team as Executive Director of Distribution, in charge of client relations and responsible for branding.

"Gonzalo brings to bear an in-depth knowledge of the Latin American investment market and has formed part of the team that has been consolidating this company since its inception. No doubt his experience, in addition to his human qualities, business knowledge and leadership skills, will be of great value for continuing to guide the SURA Investments team towards their joint purposes," stated Ignacio Calle, CEO of SURA Asset Management.

SURA Investments is an investment platform with presence in Chile, Peru, Mexico, Colombia and Uruguay, and has investment vehicles in the United States and Luxembourg; it currently has more than USD 19 billion Assets under Management (AuM) and has consolidated its regional presence with a team of more than 100 investment experts and 1,100 personnel. Its range of products and solutions is complemented by more than 1,000 investment funds, both proprietary and from world-class fund managers.

"It is a privilege to lead this organization hand in hand with a team of the highest level that has been developing a clear strategy, which has progressed very well and provided positive results. Proof of this is that, in 2023, our Assets under Management have grown by over 30% compared to 2022, which is reinforced by our long-term vision for all those countries where we are present. I thank the Board of Directors for this responsibility, which I am assuming with the utmost willingness", concluded Gonzalo Falcone.

About SURA Asset Management

SURA Asset Management, an expert player in the Latin American retirement savings, investment, and asset management industries, is present in Chile, Mexico Colombia, Peru, El Salvador, Uruguay, the United States and Argentina. Being subsidiary of Grupo SURA, it also has several minority shareholders. At the end of Q2 2022, SURA Asset Management held a total of USD 164 billion in Assets under Management belonging to 23.5 million clients throughout the region*.

About SURA Investments

Sura Investments is a Latin American investment platform specializing in wealth and asset management with a global reach for individuals, companies, and institutions. It combines the ability to provide close support and personalized experiences, with the transparency, best practices, strength and prestige provided by SURA Asset Management. SURA Investments offers its clients a comprehensive and innovative offering. The platform currently manages USD 19 billion in assets and is driving - in conjunction with its clients - the growth and development of Latin America. More information has been made available at: www.surainvestments.com