Abraham Everardo Vela Dib will be, as of December 1, 2018, the new President of Mexico's pension funds regulator, the CONSAR.
Vela Dib told Funds Society that leading this endeavour will be "a pleasure and distinction."
According to Funds Society sources close to the CONSAR, Vela Dib will meet with the team of Carlos Ramírez Fuentes next week to work on the transition process.
Since the beginning of the year, Ramírez has been preparing various materials so that the change of administration is as easy as possible and the new team has all the necessary tools to make the decisions they need.
Amongst the new administration to-do list is to hold the CAR meeting that will give the green light to Afores' investment in mutual funds.
The PhD in Economics from the University of California, Los Angeles (UCLA), has held various positions at the Bank of Mexico and its Ministry of Finance. He has also been a visiting economist at the International Monetary Fund and the Bank for International Settlements. He recently joined the teaching team of the Colegio de México-where he completed his MA in Economics, after leaving his post at the Central Bank of Hungary, where he spent the last 10 months as an expert in macroeconomic analysis and education.