The change also occurs in a context in which the Afores are preventing workers from transferring administrators. New leadership was also recently announced at the Mexican Association of Afores (Amafore) with the arrival of Guillermo Zamarripa.
Who is Julio Cesar Cervantes?
He is an actuary from the National Autonomous University of Mexico and a Master in Economics from the Colegio de México.
He has two Masters, one in European Social Security from the Catholic University of Leuven, Belgium, as well as in Direction and Management of Pension Plans and Funds from the Ibero-American Social Security Organization and the University of Alcalá de Henares, Spain.
He was a researcher at the Center for Public Finance Studies of the Chamber of Deputies.
He was Regulatory Director of Prospective and Institutional Planning of the Institute of Security and Social Services for State Workers (ISSSTE) from 2019 to 2021 and director of Pension and Social Security Policy of the Ministry of Finance, from 2011 to 2013.