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Mexico Names Roberto Lazzeri to Lead Nafin and Bancomext for Plan México Push

The move comes as development banks shoulder greater exposure from a new Pemex financing vehicle alongside temporary fiduciary transfers.

Overview

  • Roberto Lazzeri Montaño took possession on August 18 as director general of Nafin and Bancomext, replacing Luis Antonio Ramírez Pineda.
  • He pledged to position both development banks as key executors of Plan México, emphasizing economic development and financial inclusion.
  • Moody’s warned that the government’s 250 billion‑peso Pemex investment vehicle could heighten concentration and asset‑quality risks for development banks, particularly Nafin and Bancomext.
  • Following U.S. Treasury designations of CIBanco and Intercam, SHCP began separating their fiduciary businesses with a temporary transfer of trust operations to state development banks.
  • Lazzeri thanked President Claudia Sheinbaum and Finance Secretary Édgar Amador, bringing experience as SHCP coordination chief and former director general of Public Debt and Captación, with an economics degree from CIDE.