Jaime González Aguadé Resigns as President of the National Banking and Securities Commission (CNBV)

By Elliot Bullman

Jaime González Aguadé hasresigned as president of the National Banking and Securities Commission with effect from December 19th

Jaime González Aguadé resigned as president of the National Banking and Securities Commission (CNBV) effective as of December 19, in accordance with his interests.

presidente 1Foto original, tomada del portal web de El Universal

Through a letter sent to all the staff of the institution, he expressed his appreciation and gratitude for his commitment and dedication to the Commission and to Mexico, as well as wishing them success in the challenges and opportunities to come.

Jaime González Aguadé was appointed President of the CNBV on December 14, 2012 and focused on full compliance with the mandate of the institution entrusted to him.

presidente 2

During the last 5 years, Gonzalez Aguadé directed the work of the regulatory and supervisory body of the entities that comprise the Mexican financial system, focused on preserving its stability and promoting its stable development and proper functioning.

In the coming days, pursuant to Article 14 of the Law of the National Banking and Securities Commission, the Secretary of the Treasury and Public Credit is responsible for appointing the new president of the CNBV.

presidente 3

The Commission reiterates its commitment to be an efficient, modern and respected authority that seeks the stability of the Mexican financial system, in accordance with international best practices, and that contributes to the construction of a prosperous Mexico.

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