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Banco Macro announces the appointment of Mr. Juan Parma as its new CEO

1. Juan Parma appointed as new CEO of Banco Macro. 2. Appointment aims to consolidate growth and innovation strategies. 3. Parma recognized for enhancing operational efficiency in previous roles. 4. Focus on Banco Macro's growth mindset and commitment to Argentina's development. 5. Bank continues to pursue market opportunities under new leadership.

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Why Bullish?

The appointment of a disruptor like Parma signals positive changes. Historical appointments of effective leaders often lead to increased stock performance.

How important is it?

Leadership transitions can significantly affect a bank's performance and investor sentiment. Assessing growth potential is key for investors.

Why Long Term?

Leadership changes typically unfold over time, influencing strategy and market perception. Parma's long-term vision could lead to sustained improvements.

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, /PRNewswire/ -- Banco Macro S.A.(NYSE: BMA; BYMA: BMA) ("Banco Macro" or "BMA" or the "Bank") one of the leading Banks in Argentina announced today that the Board of Directors appointed Mr. Juan Parma as its new CEO. This decision is a strategic step forward in the consolidation of Banco Macro's growth plan and reflects the Bank's commitment towards economic development in the country. "The appointment of Mr. Juan Parma as new CEO is a great opportunity to continue strengthening our Bank and think ahead with more growth and innovation," said Mr. Jorge Brito, Chairman of the Board of Directors of Banco Macro S.A. During his vast experience, Mr. Parma has been a great disruptor, leading initiatives that have translated into greater operating efficiency and have transformed customer experience in the institutions he previously worked for. Mr. Parma's strategic focus has allowed banks in the past to seize market opportunities, thus making him the right fit for Banco Macro S.A. "It is an honor and a privilege to be appointed as CEO of Banco Macro S.A. in these particular times for our institution and Argentina. I want to reflect on the Bank's history, deeply marked by a growth mindset and the unwavering commitment with the country's development that has allowed Banco Macro S.A. to consolidate as one of the leading banks in Argentina," said Mr. ParmaMr. Parma holds a degree in Business Administration from Universidad Nacional de la Plata a Masters degree in Business Administration from Universidad del CEMA and has participated in multiple international leadership courses in Singapore, France and the United States of America.This press release may include statements concerning potential future events involving Banco Macro that could differ materially from the events that actually occur. The differences could be caused by a number of risks, uncertainties and factors relating to Banco Macro's business. Banco Macro will not update any forward-looking statements made in this press release to reflect future events or developments.IR Contact in Buenos Aires: Jorge Scarinci | Chief Financial OfficerNicolás A. Torres | Investor RelationsE-mail: [email protected] | Phone: (5411) 5222 6682SOURCE Banco Macro S.A. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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