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Grupo Galicia Splits CEO Roles, Appoints Diego Rivas to Lead Banco Galicia

The restructuring enables sharper oversight, supporting integration of recent acquisitions.

Overview

  • Fabián Kon will relinquish his role as Banco Galicia CEO after a decade on September 1 to focus solely on leading the Grupo Galicia holding company.
  • Diego Rivas, a 30-year Banco Galicia veteran who has held roles as CFO, CRO and head of business lines, is set to become bank CEO pending BCRA approval.
  • The leadership overhaul follows Grupo Galicia’s mid-2025 acquisition of HSBC Argentina and aims to unify strategy across banking, insurance, digital finance and asset management units.
  • The reorganization is intended to harness the group’s enlarged scale, under which Banco Galicia now stands as Argentina’s largest private bank and Naranja X as its biggest digital lender.
  • Kon emphasized that the split will enhance strategic agility and drive long-term synergies across all of Grupo Galicia’s businesses.