Friday, July 18, 2025

Mexican Banking Association names first woman as director

Mexico has its first-ever woman president — and the Mexican Banking Association (ABM), has made history in the same direction, naming a woman as director of the ABM for the first time in history.

With over 25 years of experience in the banking, telecommunications, health and energy sectors, Regina García Cuéllar replaces Juan Carlos Jiménez Rojas, who left the position in May after 19 years as director.

Older gentleman in a dark suit, white shirt and thick black glasses standing with his arms folded in front of him next to the ABM flag.
García’s predecessor, former ABM director Juan Carlos Jiménez Rojas. (ABM)

García, who holds a degree in Economics from the Autonomous Technological Institute of Mexico (ITAM) and a PhD in Economics from Harvard University, has held key roles in various private and government entities, among them IZZI Telecom, Citibanamex, Pemex, the Mexican Social Security Institute (IMSS) and the Ministry of Finance and Public Credit (SHCP).

She is copresident of 50/50 Women on Boards Mexico, a global nonprofit founded in 2010 to accelerate gender balance and diversity on corporate boards. She’s also been a board member at numerous companies. 

“We are confident that, under her leadership, the ABM will continue to successfully face the challenges of the industry and stand out as one of the most relevant umbrella organizations in the country,” the ABM said while wishing the new general director “much success” in her new role. 

The ABM was founded in 1928 to represent the collective interests of the sector. It currently has 48 affiliated banks. Since its establishment, the ABM has served as the overarching organization for financial institutions in the country, including Banorte, Bansí, JP Morgan, Monex, Banco Azteca, Citibanamex and Santander. 

Mexican women in the workforce 

Participation of Mexican women in the workforce is on the rise. Excluding a dip during the COVID-19 pandemic, women’s workforce participation has increased gradually since 2005, when 41% of Mexican women had paid jobs. According to World Bank Data, 46.5% of all working-age Mexican women worked in the formal or informal sectors in Mexico at the end of 2023.

However, that figure still lags behind men’s workforce presence, whose participation was more than 30 points higher, at 77.5%.

A study by the Milken Institute noted that these figures put Mexico at the lowest female workforce participation of Latin America’s five biggest economies: Brazil, Mexico, Argentina, Colombia and Chile.

With reports from Aristegui Noticias

Have something to say? Paid Subscribers get all access to make & read comments.
7 men and women standing on a stage

Bimbo announces US $2 billion investment in 7 Mexican states

4
The Mexican breadmaker will be modernizing its factories, boosting its EV delivery system and making its product packaging more environmentally friendly.
President of the CNBV

Mexico fines US-sanctioned banks US $10M for compliance failures

2
Most of the fines on Intercam and CIBanco were related to money-laundering prevention, while Vector faced fines for failure to publish mandatory information.
natural gas pipe

Mexico’s gas production falls short as US imports surge to record levels

2
Combined with a negative trend in domestic gas production, Mexico's growing dependence on the U.S. for its energy needs could be weaponized by U.S. President Donald Trump.
BETA Version - Powered by Perplexity