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Mexico Names Ángel Cabrera Mendoza to Lead CNBV From Sept. 1

The finance ministry casts the choice as a move to bolster stability during a phase marked by licensing decisions, AML scrutiny, Sofipo strains.

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Comisión Nacional Bancaria y de Valores (CNBV)

Overview

  • He replaces Jesús de la Fuente Rodríguez, who has led the regulator since late 2021, and takes office on September 1, 2025.
  • SHCP assigns him priorities that include issuing regulation, supervising the financial system, overseeing anti–money laundering controls, and safeguarding public confidence.
  • Hacienda highlights his experience in senior posts within the ministry, including the Unidad de Banca, Valores y Ahorro, the Subprocuraduría Fiscal de Asuntos Financieros, and the Subsecretaría de Egresos.
  • Recent months have brought a wave of bank‑license activity for fintech and neobank entrants, with approvals reported for firms such as Nu, Plata, Revolut, Opnbank, Bineo and Hey Banco, and applications pending for Mercado Pago, Klar, Finsus and Konfío.
  • The leadership change comes as the sector faces U.S. actions tied to alleged money laundering in June and solvency problems at some Sofipos, including the intervention of CAME.