Gabriel Yorio resigns from the Treasury

MEXICO CITY (El Universal).— The Undersecretary of the Treasury, Gabriel Yorio González, will leave office as of September 30, official sources confirmed yesterday.

He presented his resignation that will take effect in October, when the new government headed by Claudia Sheinbaum Pardo begins.

The economist, graduated from the Monterrey Institute of Technology and Higher Studies, has a master’s degree in economics from the College of Mexico and another in Public Policy Management from Georgetown University at the McCourt School of Public Policy.

Yorio, who was always the right arm of the head of the Treasury, Rogelio Ramírez de la O, also performed duties as head of the Undersecretariat of Revenue, since he disappeared in the current administration.

Before being number two in the SHCP, he served as head of the Public Credit Unit and in charge of the International Affairs Unit. He also worked at the World Bank, the National Bank of Public Works and Services and the Finance Secretariat of the Government of Mexico City. Hence, it was a key player in debt management and the issuance of bonds in national and international financial markets.

His most important work was in national and global debt markets through thematic or sustainable bonds to green public finances. It innovated by promoting the Sustainable Taxonomy from the federal government, created with the objective of generating a reliable, legitimate, unified and science-based classification system, which serves to define which economic activities can be considered sustainable.

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