Grupo Coppel, the retail giant of Mexico, takes a turn in its directive dome. The company announced Monday that Diego Coppel Luken will assume the General Directorate of the Consortium, owner of stores, banking and afore, replacing Agustín Coppel Luken, who will continue to be president of the corporate. In a context of global economic uncertainty with the US trade war with the rest of the world, Agustín Coppel said that the decision seeks to “reinforce our execution capacity at a key moment for the evolution of Coppel.” After 17 years as director of the consortium, Agustín Coppel has ceded the post of this position to Diego Coppel. «We will continue to build an agile, profitable company and with a relevant value proposal for our clients, backed by a consistent and competitive omnicanal experience, as well as in a solid governance model, focused on results,» said Agustín Coppel. The new director of Grupo Coppel studied a degree in Business Administration by the Monterrey Technology. His career within the group began 15 years ago, period in which he performed functions in operational and commercial areas, including stores, distribution centers and categories, as well as the commercial direction of furniture, digital and marketing. «We are consolidating a physical and digital ecosystem that responds better to the needs of our customers. I have pesos, about 691 million dollars this year. The resources will be channeled at the opening of a hundred stores, digitalization and sustainability projects. The expansion plan will generate some 6,800 jobs that will be added to a team of more than 120,000 workers. The corporate seeks to strengthen its presence, with new points of sale and bank branches, as well as remodeling of existing stores, in the states of Veracruz, Sonora, Sinaloa, Chihuahua and Durango. Only 8.6 billion pesos will be invested in the expansion plan. If this plan is consolidated, the conglomerate will have a total of 1,980 points of sale in the country. These new units will include the formats of agencies Coppel Motorcycles and BancoPpel branches.
