Overview
- Mexico’s finance ministry announced Ángel Cabrera Mendoza as president of the National Banking and Securities Commission, with his term starting September 1.
- He replaces Jesús de la Fuente Rodríguez, who has led the regulator since November 2021.
- An official communiqué cites Cabrera’s senior posts in SHCP’s Unidad de Banca, Valores y Ahorro, the Subprocuraduría Fiscal de Asuntos Financieros, and the Subsecretaría de Egresos.
- Hacienda assigns him to reinforce rulemaking, supervision of the financial system, anti–money‑laundering oversight, and public confidence in financial institutions.
- The leadership change follows U.S. Treasury accusations implicating CIBanco, Intercam Banco, and Vector Casa de Bolsa that prompted temporary CNBV interventions, alongside Sofipo strains such as the CAME case and an active fintech licensing pipeline; some outlets note limited official curriculum details for Cabrera with information drawn from LinkedIn.