Mexican state-owned oil company Petróleos Mexicanos (Pemex) has appointed David Ruelas Rodríguez as a temporary chief financial officer and corporate director of finance.
Pemex said on Wednesday that Rodriguez was appointed to the position by the CEO of Pemex Carlos Treviño.
The new temporary CFO will be taken into consideration by the board of directors of Pemex to hold this position permanently.
According to the company, Rodríguez will substitute Juan Pablo Newman Aguilar who was ratified by the Permanent Commission of Congress as head of the Public Credit Unit of the Ministry of Finance.
Aguilar has overseen the corporate financial management of Pemex since January 2016 and was also in charge of overseeing the financial stabilization strategy of the company.
Pemex said that the arrival of Aguilar at the Ministry of Finance would help to strengthen the coordination between the company and this federal department to maintain the stability of public finance.
As for Rodríguez, he began working at Pemex in 2002, and since then he has held various positions in corporate financial management, as well as in administration and services of Pemex.
He held the position as deputy director of risk management and assurance since 2011 where he developed various strategies for financial and business mitigation strategies, as well as the company’s insurance and reinsurance programs.
Before joining Pemex, Rodríguez was a business analyst for McKinsey Company and since 2003 he was a tenured professor of the ITAM.