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Chairman, Grupo Financiero Banorte-IXE
Former Governor, Banco de Mexico; former Chairman, Bank for International Settlements
Mr. Guillermo Ortiz Martínez served as a Governor of Banco de México from January 1, 1998 to December 31, 2009. Mr. Martínez has extensive finance experience, particularly relating to global economic matters and multinational financing.
Mr. Martínez served as Public Finance Minister of Mexico from December 1994 to December 1997. He served as Secretary of Finance and Public Credit in Mexico from 1994 to 1998. He served as Secretary of Communications and Transportation in the Mexican Federal Government. He served as Deputy Public Finance Minister of Mexico from 1988 to 1994. He served as Economist, Deputy Manager and Manager of Department of Economic Research at Banco de México from 1977 to 1984. He entered public service with the federal government as an Economist at the Planning and Budgeting Ministry.
He serves as the Chairman of the Board at Grupo Financiero Banorte SAB de CV. Mr. Martínez served as the Chairman of the Board of Bank for International Settlements from March 2009 to December 2009. He has been an Independent Director of Grupo Comercial Chedraui, S.A.B. DE C.V.; Vitro, S.A.B. de C.V., since 2010 and Weatherford International Ltd. since June 2010.
He has been an Independent Director of Grupo Aeroportuario Del Sureste SA de CV since April 26, 2010. Mr. Martínez serves as a Director at Nacional Financiera SNC Institucion de Banca de Desarrollo. He serves as a Director of MEXICHEM and ASUR. He served as Executive Director of International Monetary Fund (IMF) from 1984 to 1988. He served as Director of Banco Nacional de Comercio Exterior SNC. He served as a Director of Bank for International Settlements since June 27, 2006.
He serves as a Director of several international non-profit organizations. He is a professor of Colegio de Mexico, Itam and Stanford. He holds a B.A. in Economics from the National Autonomous University of Mexico and both an M.Sc. and a Ph.D. in Economics from Stanford University.