Untitled - Banco Mercantil

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General Production: Corporate Communications • Graphic Supervision and Coordination: Alba Fuenmayor • Photography: Mercantil’s Collection / Víctor Turco Artist’s Photography: Carlos Germán Rojas / G. Romero. Fundación Museos Nacionales / Galería de Arte Nacional – CINAP Graphic Design: Arte Impreso H.M. , C.A. • Printing: La Galaxia • Caracas, Venezuela, March 2008. A n n u a l R e p o r t 2 0 0 7 84
GEGO Hamburg, 1912 - Caracas, 1994 Mercantil Banco Universal is proud to present examples of Gego’s work from the Mercantil Collection in our 2007 Annual Report. The artist’s production is witness to the tenacity, effort, discipline and consistency involved in taking up art as a lifelong endeavor. Deep concern for mankind’s metaphors and complexities, for the human being and his surroundings, inspired her artwork to become beacons – from the sketches and watercolors of the 50s, already evidencing the colors and brushstrokes that would characterize her later work, to the organic civil projects, the spatial structures and insertions of the 70s and 80s. Gertrud Goldschmidt was born and brought up in Germany (1912), yet she worked in Venezuela from 1939 until her death in 1994. Her work, closely associated with the neo-plastic and constructivist experimentation afoot in Europe, sifts painstakingly through a disturbing mix of plastic, graphic, and architectural elements to produce multiple proposals whose combinations of webbing, draped forms, tracery, sculpture, engraving, and weaving defy classification. Her work transcends all trends and positions her as one of the most eloquent voices of the contemporary spirit. Apart from teaching at the Universidad Central de Venezuela Faculty of Architecture, in 1979 she was awarded the National Arts Prize. Her work has been exhibited in international museums and galleries in New York, Bogotá, Caracas, Munich and San Francisco. Among the most important posthumous retrospectives of her work was Cuestionando la línea: Gego, una selección (“Challenging the line: Gego, a selection”), presented between the years 2000 and 2001 at the Caracas Museum of Fine Arts, and then exhibited at the Houston Museum of Fine Arts, the Monterrey Museum of Contemporary Art, and Mexico City’s Rufino Tamayo Museum.
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Banco Universal CONTENTS Financial
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Earnings Consolidated (In millons,
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Notice of Ordinary General Sharehol
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* All figures stated in US$ are con
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To assert the value of the Mercanti
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The Capital and Financial account d
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Fondonorma approved the ISO 90001:2
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Working Environment For the third y
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Statutory Auditors’ Report To the
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Financial Statements (Pursuant to t
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GOLDSCHMIDT, Gertrud (GEGO) Esfera
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Economic Climate Summary of Economi
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Management Discussion and Analysis
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Gross Loan Classified by Status (In
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Other Income, net Other Income, net
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GOLDSCHMIDT, Gertrud (GEGO) Chorro
Page 35 and 36: Loan Portfolio Management Report by
Page 37 and 38: The volume of foreign exchange auth
Page 39 and 40: Corporate and Invesment Banking Loa
Page 41 and 42: Corporate Finance and Capital Marke
Page 43 and 44: Excess over reserve requirement + C
Page 45 and 46: Service Quality and Operating Effic
Page 47 and 48: Operational excellence in the Merca
Page 49 and 50: Considerable headway has been achie
Page 51 and 52: GOLDSCHMIDT, Gertrud (GEGO) Sin tí
Page 53 and 54: Human Resources Human Resources con
Page 55 and 56: GOLDSCHMIDT, Gertrud (GEGO) Tejedur
Page 57 and 58: Risk Management Good risk managemen
Page 59 and 60: For 2007, credit risk exposures by
Page 61 and 62: Market Risk Market risk appears in
Page 63 and 64: Loss-risk distribution by category
Page 65 and 66: Mercantil Banco Universal National
Page 67 and 68: Mercantil’s Social Contributions
Page 69 and 70: Quality of Life and Environment Don
Page 71 and 72: Prevention and Control of Money Lau
Page 73 and 74: Corporate Governance Mercantil Banc
Page 75 and 76: Board of Directors Compensation Com
Page 77 and 78: Internal Auditor In accordance with
Page 79 and 80: Awards and Acknowledgements M e r c
Page 81 and 82: Jonathan Coles Assistant Professor
Page 83 and 84: Federico Vollmer Acedo Vice Preside
Page 85: Agency and Branch CORAL GABLES AGEN
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