Grupo Coppel is undergoing a notable leadership transition. Agustín Coppel, who has held the dual roles of President and General Director as 2008, will be stepping down from his position as General Director. He expressed his commitment to continuing to build an agile, profitable company with a strong value proposition for clients, supported by a consistent and competitive omnichannel experience and a solid governance model focused on results.
Taking over as the new General Director is Diego Coppel Sullivan. In this capacity, he will be responsible for the overall operation of the group, encompassing Coppel stores, Banco Coppel, and Afore Coppel. His mandate includes establishing and implementing strategy, coordinating the executive team, and ensuring the achievement of the organization’s strategic objectives.
Diego Coppel shared his vision for the company, stating, “We are consolidating a physical and digital ecosystem that better responds to our clients’ needs in a competitive surroundings that demands significant speed and focus. I will accompany this transformation from a new role, but with the same commitment as always: working closely with the team and focusing on the client.”
About Diego Coppel Sullivan:
Diego Coppel Sullivan holds a Bachelor’s degree in Business Administration from Tecnológico de monterrey and an MBA from IE Business School in Spain. He has a strong background within the company, having served in operational and commercial roles since 2010. His experience includes working in stores, distribution centers, and various categories, and also leading the commercial Directorate for Furniture, Digital, and Marketing.
The company highlighted that this leadership change reflects its adherence to best corporate governance practices and is a key part of Grupo Coppel’s ongoing institutional evolution.
Grupo Coppel Overview:
Coppel Stores: Currently operates 1,880 stores in Mexico and 28 in Argentina. The company plans to invest 14.2 billion pesos by 2025 to expand its store network.
Banco Coppel: Serves 12.6 million active banking clients, with 8 million of thes being active digital users and a network of 850 branches.
* Afore Coppel: As of the end of July 2024, manages approximately 482 billion pesos in resources.It oversees 14.5 million accounts and holds a significant portion of women’s retirement accounts, representing 23% of all registered women’s accounts as of June 2024, according to Moody’s.