Barclays appoints Ricardo Fernandez as Head of Investment Banking for Mexico
July 24 2023 - 11:10AM
Business Wire
Barclays today announces the appointment of Ricardo Fernandez as
Head of Investment Banking for Mexico. In this role Mr. Fernandez
will report to Raul Martinez-Ostos, Chairman and CEO of Barclays
for Mexico and Latin America.
With close to 25 years of experience in investment banking, Mr.
Fernandez has advised on a number of complex and strategically
important transactions in Mexico during his career. He joins
Barclays from Bank of America, where he was Head of Mexico
Investment Banking from 2017. Prior to joining Bank of America, Mr.
Fernandez spent 12 years at Credit Suisse as Head of Mexico
Investment Banking and Capital Markets Group, and before that
started his career at JP Morgan working in Debt Capital Markets
(DCM).
Raul Martinez-Ostos said: “Under Ricardo’s sole leadership of
our Advisory, DCM and Risk Solutions Group (RSG), these closely
integrated teams will continue to grow and thrive, and our clients
will benefit from this unique and powerful locally focused
construct. Ricardo has a deep understanding of Mexico’s financial
sector and industries, and during his long and successful career to
date has built very strong relationships and has an outstanding
credibility that will be immensely valuable as we continue to
expand our coverage in Mexico. This will serve to further position
our franchise as one of the leading investment banks in the
country, working in close partnership with our clients to drive
differentiated and successful outcomes.”
Barclays has been a trusted partner in Mexico for decades,
having led some of the country’s largest transactions for its most
important clients, including the Mexican government. Barclays has
recently led the largest landmark banking transactions in Mexico,
which include acting as sole financial advisor to Mexico’s retail
and bottling giant FEMSA on its US$7bn sale of a stake in Dutch
brewing company Heineken, and exclusive advisor to the Mexican
Government on its US$6bn acquisition of a 8,500MW power portfolio
from Iberdrola, a global leader in clean energy, grids and storage.
In addition, earlier this month Barclays acted as global
coordinator and lead bookrunner for a US$446mm equity offering on
the NYSE for Vesta, a Mexican industrial real estate company, the
first US listing for a Mexican issuer since 2017.
About Barclays
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. Barclays offers investment
banking products and services in the US through Barclays Capital
Inc. For further information about Barclays, please visit our
website home.barclays.
About Barclays Corporate and Investment Bank
Barclays Corporate and Investment Bank is comprised of the
Investment Banking, International Corporate Banking, Global Markets
and Research businesses. It provides money managers, financial
institutions, governments, supranational organisations and
corporate clients with services and advice for their funding,
financing, strategic and risk management needs. For further
information about Barclays Corporate and Investment Bank, please
visit our website www.cib.barclays.
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version on businesswire.com: https://www.businesswire.com/news/home/20230724831167/en/
Press: Andrew Smith + 1 212 412 7521
andrew.x.smith@barclays.com
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