For the first time in history, a woman may become the head of the National Bank of Mexico. Victoria Rodriguez Ceja was appointed to this position by President Andres Manuel Lopez. Her candidacy must now be approved by the Senate.
“Women are a priority and for the first time in history, one of them will be the head of the Bank of Mexico,” said Andres Manuel Lopez Obrador, the country’s president, on Wednesday.
However, before Victoria Rodriguez Ceja takes the position, it will have to be approved by the Senate.
The nomination was a “surprise for the markets”
The AP agency pointed out that the central bank is facing a serious challenge, as the value of the peso is falling sharply. The national statistics institute said inflation was around 7 percent in the last weeks of November.
Mexican finance group Banco Base said in a report that the appointment of Rodriguez Ceja, now assistant financial secretary, “came as a surprise to the markets and created uncertainty over the central bank’s monetary policy.”
The Bank of Mexico is slowly raising its base interest rates, currently they are around 5%.
Rodriguez Ceja’s appointment came after a woman, Loretta Ortiz, also became a judge in Mexico’s Supreme Court on Tuesday.
Main photo source: Madla Hartz / PAP / EPA