About IPAB > Structure and Organization > IPAB Governing Board
IPAB Governing Board
The governance of the Institute is entrusted to a Governing Board made up by seven members:
The Minister of Finance and Public Credit;
Agustín Carstens Carstens
The Governor of the Central Bank;
Guillermo Ortiz Martínez
The Chairman of the National Banking and Securities Commission; and
Guillermo Babatz Torres
Four members designated by the President and approved by two thirds of the members of the Senate, and in its recesses by the same fraction of the members of the Permanent Commission of the Federal Congress.
Carlos Enrique Isoard y Viesca
Ernesto Zamarripa Morones
Jorge Eduardo Familiar Haro
Jorge Alejando Chávez Presa
The first three members appearing in the above list will designate their respective alternates. The Governing Board will be presided over by the Minister of Finance and Public Credit and in his absence by his alternate. The powers of the Governing Board are stipulated in Article 80 of the Bank Savings Protection Act (Spanish acronym LPAB).
Executive Secretary
The Executive Secretary is IPAB’s highest administrative authority and has the powers stipulated in Article 84 of the Bank Savings Protection Act (Spanish acronym LPAB). The Executive Secretary will be assisted by the public officials indicated in the IPAB’s Organic Statute.
Effective December 5, 2006 IPAB’s acting Executive Secretary is María Teresa Fernández Labardini.