Citibanamex is the second largest Mexican Afore by assets under management and it is part of the Banamex Financial Group, a large Mexican financial services company, which is a Citigroup subsidiary. Citigroup is a large American multinational investment bank and financial services company. Established in 1997, Afore Banamex is operating as a private pension management fund company that provides services such as individual accounts, voluntary contributions, online services, partial retreats for unemployment, and marriage. The plan operates as a subsidiary of Citibanamex (Grupo Financiero Banamex). The assets of the plan are managed by the executive management team
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