Tomas Acosta, the chief investment officer for Mexican pension fund Afore Banamex, is departing the firm. The news comes from individuals with knowledge of the situation.

Acosta held a significant role overseeing the investment strategies for one of Mexico's largest pension administrators. His departure marks a notable change in leadership within the financial institution.

Afore Banamex manages retirement savings for a substantial portion of the Mexican workforce. The firm has not yet announced a successor for Acosta's position, nor has it provided specific reasons for his exit.