Mexico's Ministry of Finance and Public Credit announced the appointment of Ángel Cabrera Mendoza as President of the National Banking and Securities Commission (CNBV), replacing Dr. Jesús de la Fuente Rodríguez. Cabrera Mendoza’s background includes senior roles across the federal public administration and financial regulatory functions within the Ministry, including positions in the Banking, Securities and Savings Unit, the Federal Fiscal Attorney’s Office (financial affairs), and the Undersecretariat of Expenditures. The announcement frames the role as centred on the CNBV’s statutory responsibilities, including issuing regulation, monitoring compliance with applicable provisions, and supervising the financial system, including oversight related to anti-money laundering. The appointment takes effect from 1 September.