Guillermo Ortiz is Chairman of Grupo Financiero Banorte-IXE. He was Governor of the Bank of Mexico from 1998 to 2009 and Secretary of Finance and Public Credit of the Mexican Federal Government from 1994 to 1997. Prior to heading the Finance Ministry, he served briefly as Secretary of Communications and Transportation at the outset of the Zedillo Administration.
Other past professional experiences include being Undersecretary of Finance and Public Credit (1988-1994), Executive Director at the International Monetary Fund (1984-1988) and Manager as well as Deputy Manager in the Economic Research Department of the Bank of Mexico (1977-1984). In 2006, he was appointed to the Board of the Bank of International Settlements (BIS) and was elected Chairman of the Board in 2009. At the BIS he also chaired the Central Bank Governance Forum. He also was a member of the Committee to Study Sustainable Long-term Financing of the IMF (2006-2007) and of the Committee on IMF Governance Reform (2008-2009). At the IMF he also chaired the External Panel for the Review of the Fund’s Risk Management Framework (2010-2011).
Currently, he is a member of the Group of Thirty. He is also director and member of other international organizations and serves in the Board of several companies.
Dr. Ortiz has taught at universities in Mexico and the US. He has written and published two books and numerous papers on economics and finance in specialized journals in Mexico and abroad, and has received several honors and awards.