Former Banxico Chief to Lead Grupo Bal

Former Banxico Governor Alejandro Díaz de León. Photo: Google


Alejandro Díaz de León, the former governor of Mexico’s Central Bank (Banxico) was appointed Thursday, March 24, to be the new corporate director of Grupo Bal, a Mexican private-sector conglomerate that includes Palacio de Hierro, Industrias Peñoles and Fresnillo

In a statement signed by Grupo Bal president Alejandro Baillères said that “the extensive, deep and valuable experience of Alejandro will undoubtedly contribute to the activities of our beloved company.”

Díaz de León was governor of Banxico from 2017 to 2021.

Previously, he served as general director of the National Bank for Foreign Trade (Bancomext), as well as head of the Public Credit Unit for the Finance and Public Credit Secretariat (SHCP).



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