International Advisory Council Member

Dr. Ernesto Marcos

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Dr. Ernesto Marcos is the founding partner of Marcos y Asociados, S.C., an investment boutique in Mexico City. He is a Mexican national and a resident of Mexico. He has devoted most of his professional career to the development of financing alternatives that better suit the differentiated needs of the Mexican industrial and infrastructure sectors. Between 1989 and 1994, Mr. Marcos was Chief Financial Officer at Petroleos Mexicanos (PEMEX), one of the largest industrial conglomerates in Latin America.

From 1986 to 1989, he was President of Nacional Financiera, Mexico’s development bank. Between 1982 and 1983, Mr. Marcos held the position of Undersecretary for State Owned Industry within the Ministry of Industry. He holds a Ph.D. in Economics from the University of Notre Dame and has been professor of economic analysis, economic development and economic planning at universities in Mexico and the US. He has served as Chairman or member at the Board of a number of Mexican companies, as Adjunct Governor of the World Bank, the International Financial Corporation, the Interamerican Development Bank and the Interamerican Investment Corporation.

He has been Chairman or member of the Board of a large number of Mexican corporations, including Telmex, Grupo Sidermex, Grupo Condumex, Cemex, Aeromexico, Celanese, Grupo ICA, Banca Somex, Bancomer and Banco Internacional. Additionally, he has been a Director and head of several committees of Fina Oil and Chemical Company, and Repsol, which, through mergers, have now become part of  TotalFina Elf and Repsol-YPF, respectively.

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