Research Analyst at Banco Santander, S.A.
Alejandro Lavín is a Vice President, Senior Analyst, and Portfolio Manager at Santander Asset Management, specializing in Mexican equities with responsibilities covering idea generation, stock selection, portfolio construction, and risk management. He covers key companies across the Mexican equity landscape, drawing on extensive experience in equity research and fund management, with a proven performance history in managing diversified portfolios. Lavín began his career after earning a BS in Economics from Instituto Tecnológico Autónomo de México, later gaining experience at Soho Capital Management, Citi, and Ocean Lane Capital before joining Santander. He holds an MBA from NYU Stern School of Business, participated in the Value Investing Program at Columbia University, and is recognized for his strong academic and professional credentials in investment management.
Alejandro Lavín inquired about the progress and strategic review of the Castrol asset, seeking an update on the process.
Murray Auchincloss (CEO, BP) highlighted Castrol's strong performance with nine consecutive quarters of increased earnings, confirmed significant interest in the strategic review, and stated that the process is moving at pace, with proceeds earmarked for the balance sheet.
Alejandro Lavín inquired about the progress and strategic review process for the Castrol asset.
Murray Auchincloss (CEO, BP) congratulated the Castrol team for nine consecutive quarters of earnings growth, indicating strong performance. He confirmed strong interest in the commercial process, which is moving at pace, and reiterated that any proceeds from the strategic review would be dedicated to strengthening the balance sheet.
Alejandro Lavin of Santander complimented the company's strong results and asked about potential M&A opportunities, given their favorable competitive position across Latin America.
Executive Daniel Hajj Aboumrad stated that the company is not actively pursuing any M&A and is instead focused on organic growth. He emphasized their strategy of investing CapEx into technology, particularly their 5G network, digitalization, and customer care. The primary operational focus is on completing the integration in Chile and realizing synergies from the merger with Liberty.
Performance on expert-authored financial analysis tasks