Mexican government nominates new Banxico board member

Previous member Esquivel played dovish role on rate-setting body

The Bank of Mexico
The Bank of Mexico
Daniel Hinge

The Mexican finance ministry has nominated Omar Mejía Castelazo to fill a vacancy on the Bank of Mexico board, it announced on January 5.

If approved by the Senate, Mejía will succeed Gerardo Esquivel, whose term as a board member and deputy governor ended on December 31. Esquivel had served on the board since January 2019.

Mejía has an economics degree from the National Autonomous University of Mexico. He worked in Mexico City’s municipal finance department between 2013 and 2018, serving

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