A New Leader for Mexico's Finances

Mexico's President Claudia Sheinbaum has chosen Maria del Carmen Bonilla to be the new deputy finance minister. This decision ends weeks of speculation about who would take the job.

Bonilla's Background and Experience

Bonilla has been working at the finance ministry since 2021, leading the unit responsible for public credit and international affairs. If approved, she will replace Edgar Amador, who became the finance minister in March.

• Key Achievements:
• Managed a $12 billion debt deal for Pemex, the state-owned oil company.
• Studied finance at the Universidad Anahuac in Mexico City.
• Previously worked as an investment coordinator and trader.

Next Steps and Importance of the Role

A congressional committee will vote on her nomination soon. If approved, she will start her new role.

Bonilla's extensive experience in finance, particularly in handling major deals like the Pemex debt offering, makes her a strong candidate. This position is critical for Mexico's economy, and the right person in this role can make a significant impact.