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With a new President in 2018 MAPFRE PUERTO RICO

MAPFRE, the leading insurance company in Puerto Rico, announces the appointment of Alexis Sánchez Géigel as its new President and CEO

With more than 27 years in the Insurance Industry, Alexis Sánchez Géigel becomes the new President and CEO of MAPFRE PUERTO RICO, effective January 1, 2018.

Sánchez Geigel, who holds a Bachelor’s Degree in Business Administration with a concentration in Accounting from Indiana University, started at MAPFRE in 1991 as Supervisor of the Surety Department, occupying different positions until 2013, when he was appointed Executive Vice President, Chief Operations Officer and member of the Group’s Board of Directors.

“The ability, talent and dedication that Alexis has shown throughout his years at MAPFRE have made him worthy of this important appointment,” said Joaquín A. Castrillo, who, as of that same date, became Chairman of the Board of Directors of the MAPFRE Group in Puerto Rico. “I am sure that Alexis will face the great challenges that our beloved Puerto Rico has, with the responsibility and commitment that characterize it,” added Castrillo.

For his part, Sánchez, who assumes the position in one of the most complicated economic environments in the history of Puerto Rico, says he feels confident since he has the backing of a global company with enormous economic capacity and well-defined values; and a local team of committed professionals. “Assuming the presidency of MAPFRE PUERTO RICO is an honor for me and a great opportunity to continue demonstrating the commitment that our company has with Puerto Rico and its people when they need us most,” said Sánchez.