Guillermo Ortiz Martínez (born July 21, 1948, in

Mexico City Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and finan ...

) is the son of Gen. Leopoldo Ortiz Sevilla and Graciela Martínez Ostos. He received a B.A. in economics from the

National Autonomous University of Mexico The National Autonomous University of Mexico (, UNAM) is a public university, public research university in Mexico. It has several campuses in Mexico City, and many others in various locations across Mexico, as well as a presence in nine countri ...

and an M.Sc. and Ph.D. in economics from

Stanford University Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...

in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. He joined the public service in 1971 and has been Mexico's ambassador to the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF). While at the IMF, he acted as executive director and represented seven countries, including

Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...

. Martínez served as public finance minister of

Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

from December 1994 to December 1997. He served as

Secretary of Finance The Secretariat of the Treasury and Public Credit (, SHCP) is the finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the federal executive cabinet, appointed to the post by the President ...

and Public Credit in Mexico from 1994 to 1998. He served as Secretary of Communications and Transportation in the Mexican Federal Government. He served as deputy public finance minister of Mexico from 1988 to 1994. He served as economist, deputy manager, and manager of Department of Economic Research at Banco de México from 1977 to 1984. He entered public service with the federal government as an economist at the Planning and Budgeting Ministry. He serves as the chairman of Grupo Financiero Banorte SAB de CV. Ortiz Martínez served as the chairman of the board of Bank for International Settlements from March 2009 to December 2009. He has been an independent director of Grupo Comercial Chedraui, S.A.B. DE C.V.; Vitro, S.A.B. de C.V., since 2010 and Weatherford International Ltd. since June 2010. He has been an independent director of Grupo Aeroportuario Del Sureste SA de CV since April 26, 2010. Ortiz Martínez serves as a director at Nacional Financiera SNC Institucion de Banca de Desarrollo. He serves as a director of MEXICHEM and ASUR. He served as executive director of International Monetary Fund (IMF) from 1984 to 1988. He served as director of Banco Nacional de Comercio Exterior SNC. He served as a director of Bank For International Settlements since June 27, 2006. He serves as a director of several international non-profit organizations. He is a professor of Colegio de Mexico, Itam and Stanford. He holds a B.A. in economics from the National Autonomous University of Mexico and both an M.Sc. and a Ph.D. in economics from Stanford University. When

Ernesto Zedillo Ernesto Zedillo Ponce de León (; born 27 December 1951) is a Mexican economist and politician. He was the 61st president of Mexico from 1994 to 2000, as the last of the uninterrupted 71-year line of Mexican presidents from the Institutional Re ...

was sworn as

President of Mexico The president of Mexico (), officially the president of the United Mexican States (), is the head of state and head of government of Mexico. Under the Constitution of Mexico, the president heads the executive branch of the federal government and ...

, Ortiz joined the cabinet as Secretary of Communications and Transportation for 28 days. At the midst of the economic crisis of 1994, he was appointed

Secretary of Finance and Public Credit The Secretariat of the Treasury and Public Credit (, SHCP) is the finance minister, finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the Mexican Executive Cabinet, federal executive cabi ...

and served for three years. On January 1, 1998, he was appointed governor of the central bank by President Zedillo, substituting Miguel Mancera. In 1999, Ortiz became a member of the influential Washington-based financial advisory body, the

Group of Thirty The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sec ...

. Later, in 2004, he was reelected governor for six more years by a majority vote in

Congress A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...

and by the recommendation of president

Vicente Fox Vicente Fox Quesada (; born 2 July 1942) is a Mexican businessman and politician who served as the 62nd president of Mexico from 2000 to 2006. After campaigning as a Right-wing populism, right-wing populist, Fox was elected president on the Nat ...

. Guillermo Ortiz is married to Margie Simon and has three daughters, María, Sofía, and Lucía.

References

External links

esmas.com: Guillermo Ortiz
{{DEFAULTSORT:Ortiz Martinez, Guillermo 1948 births Group of Thirty Living people Heads of Bank of Mexico Institutional Revolutionary Party politicians Mexican economists Secretaries of finance of Mexico National Autonomous University of Mexico alumni Politicians from Mexico City Stanford University alumni