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Mexico’s Pena Nieto Nominates Guzman for Central Bank Board

Mexican President Enrique Pena Nieto nominated Javier Guzman Calafell to the five-member board of the nation’s central bank to replace Jose Julian Sidaoui, whose term is ending.

Pena Nieto’s nomination was announced today in an e-mailed statement from the Finance Ministry. The nomination must be approved by the Senate.

Calafell is the director general of the Center of Latin-American Monetary Studies, known as CEMLA, the association of regional central banks. He served as an executive director of the International Monetary Fund. He also served as director of international affairs at Mexico’s central bank. He has a bachelor’s degree in economics from the National Autonomous University of Mexico and a master’s degree from Yale University, according to the ministry’s statement.

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