Abraham M. Izquierdo

Executive Director, Risk Management, Grupo Financiero Banorte

Abraham’s educational background comprises the GARP Financial Risk Manager certification, the Moody’s Commercial Credit certificate, a PLD program from Harvard Business School, but also, an MSc in risk, MSc in finance, and the financial management MBA from one of the most prestigious universities in Mexico, better known as ITAM. He is also a Cornell Johnson School of Business and Queens Smith School of Business MBA.

Currently, Abraham is the head of financial risk management at Grupo Financiero Banorte, where he has under authority the balance sheet oversight and modelling, including hedging strategies, policy compliance and interest rate risk management. In a similar fashion, he is in charge of the liquidity risk framework and the proper implementation of the Basel III directive. Abraham M Izquierdo is also responsible for Grupo Financiero Banorte’s capital management, allocation, optimization and surveillance (including CET1, CAR, Stress Testing and ICAAP). In the trading book sideline, he is the head for market and counterparty risks, including the valuation and implementation of financial products and derivatives. He has also been in charge of the XVAs framework and Derivatives Committee introduction at Banorte.

As of now, two relevant initiatives he is leading at Grupo Financiero Banorte are: the Basel IV and LIBOR/TIIE transition implementation.

Abraham is an active member of Banorte’s risk committee, north region credit committee, and assets and liabilities committee. He is also the secretary of Banorte’s derivatives committee and president of Banorte’s investment services committee.

He has particular interest and expertise in the following topics: asset and liability management, corporate finance, M&A, financial products and markets, credit portfolios and markets, derivatives and investments, capital management, allocation and optimization, balance sheet modelling, oversight and hedging, liquidity management and transfer pricing practices, market and counterparty risks, including XVAs.