At the recent Compliance and Organizational Governance Congress, CMI, Corporación Multi Inversiones reaffirmed its commitment to implementing a solid and effective Corporate Governance framework. This approach is key to ensuring sustainable growth aligned with international best practices.
During the event, Rafael McGregor, CMI’s External Director, and Jorge Martínez Sanche, General Director of Corporate Governance at CMI, emphasized the importance of corporate committees and the essential role of external directors in the creation and execution of successful business strategies.
The Role of External Directors at CMI
The role of external directors at CMI has been critical in strengthening the company’s Corporate Governance. In this regard, Rafael McGregor highlighted how the involvement of these directors in decision-making allows for a diverse and enriching perspective.
“We reflect on the role of external directors and how their interaction with internal directors ensures a deep understanding of critical issues, guaranteeing that strategic decisions are made from multiple perspectives,” McGregor explained. This practice is seen as a positive reflection of CMI’s willingness to operate with the same rigor as a public company, despite being a private entity.
The adoption of Corporate Governance practices by CMI improved the quality of its decisions and created a more robust business environment. According to McGregor, the diversity of experiences and reflections brought by external directors enriches the decision-making process, allowing CMI to address challenges with a more comprehensive and strategic vision.
REIR: The Values That Guide CMI
At the congress, Jorge Martínez Sanche highlighted the core values that drive CMI: Responsibility, Excellence, Integrity, and Respect, encapsulated in the acronym REIR (laughter in spanish). These values, part of the legacy of Don Juan Bautista Gutiérrez, form the foundation upon which all corporate operations and strategies are built. “At CMI, we always proudly say that the heart of the corporation is our people. This means taking care of people and having a genuine interest in their development by selecting the best talent and supporting them in their professional growth,” Martínez Sanche stated.
Thus, the REIR values guide the company’s internal conduct and are also reflected in its relationships with partners and clients, strengthening CMI’s reputation as an ethical and committed corporation. Furthermore, these values are a true reflection of the shared vision of Juan Luis Bosch Gutiérrez, Chairman of CMI Capital, and Juan José Gutiérrez Mayorga, Chairman of CMI Foods.
Effective Corporate Governance Implementation
The implementation of effective Corporate Governance is crucial for the success of any corporation, and CMI has demonstrated how to do this in an exemplary manner. According to Martínez Sanche, this process begins with a clear vision that defines the governance structure and decision-making processes. “It is essential to have governance bodies with the right talent and a system that allows for verification that everything is functioning effectively,” he commented.
For CMI, as a family-owned business, it is vital to have a governance framework that works both within the corporation and the family itself, based on pillars such as transparency, efficiency, timely information, and accountability.
Thus, CMI’s participation in the Compliance and Organizational Governance Congress reflects its commitment to adopting the best Corporate Governance practices, allowing it to operate with a high level of responsibility and ethics. Through the integration of external directors and a focus on fundamental values like REIR, CMI positions itself as a leader in creating a solid and sustainable business environment.
