Mexico New Energy Minister Announced

Economy Minister Fernando Canales Clariond has been chosen as Mexico’s new Energy Minister following the resignation of Fernando Elizondo earlier this week to stand as a candidate for the Senate. Canales has had extensive private sector experience and was director general and vice president of the steel conglomerate and industrial group IMSA. He was governor of Nuevo León between 1997 and 2003 when he was named Economy Minister by President Vicente Fox. He is replaced at the Ministry of the Economy by Sergio García de Alba, Under Secretary at PyME, Mexico’s contact point for small and medium-sized companies.