About

Nominated for his work as secretary general and general counsel of one the most important insurance companies in Mexico, MAPFRE, Alfredo Bonifaz Molina also gained a wealth of experience during his 10 years at Santander. After joining MAPFRE at a crucial time in 2003, he restructured the legal department to help the company adapt to political regulations following a stock control acquisition. His primary focus was to create a legal structure focused on prevention and managing of litigations. Now with 35 lawyers reporting into him, Bonifaz Molina has taken on additional responsibilities including membership of the board of directors and committee secretary of the regional management office (northern Latin America). Due to the integral nature of his role, Bonifaz Molina is responsible for much of the strategic planning and in particular generating a corporative prestige for the company. As a result MAPFRE has been acknowledged by the Business Monitor of Corporative Reputation (MERCO) as the insurance company with the best reputation in Mexico. The work he has overseen in the legal department has optimised tax benefits and reduced litigations for the company, making it a widely respected company.