### Gabriel Yorio González Resigns as Undersecretary of Finance: Sheinbaum Confirms
Gabriel Yorio González has officially resigned from his position as Undersecretary of Finance and Public Credit. This decision was confirmed by Claudia Sheinbaum Pardo, the President-elect, on September 27, 2024.
In an interview with multiple media representatives, Sheinbaum Pardo mentioned that Yorio Gonzalez chose to step down to pursue an international role. “He wants to occupy an international space, it was his decision,” Sheinbaum Pardo stated. According to several national media reports, Yorio González will leave his position on September 30, 2024, with his resignation effective from October 1.
On September 25, during the “Who’s Who: in the Lies of the Week” segment at the presidential morning press conference, Ana Elizabeth García Vilchis debunked rumors involving Rogelio Ramírez de la O, the next head of the Ministry of Finance under President-elect Sheinbaum. “This time it was Finance Minister Rogelio Ramírez de la O, who, by the way, will continue to lead the ministry under Sheinbaum’s administration,” García Vilchis explained.
#### Who is Gabriel Yorio González?
Gabriel Yorio González, 48, from Papantla, Veracruz, holds a degree in Economics from the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM). He also earned a Master’s in Policy Management from Georgetown University’s McCourt School of Public Policy and a Master’s in Economics from El Colegio de México (COLMEX).
Yorio González served as Director of Public Debt at Mexico City’s Finance Department from May 2004 to May 2007. He also held positions as the Director of Funds, Operations, and Securities Custody (2002-2004), and Deputy Director of Financial Operations (2001-2002).
In the Banco Nacional de Obras y Servicios Públicos (BANOBRAS), González worked as Deputy Director of Technical and Financial Assistance (2011-2013) and Manager of Credit and Financial Advisory (2007-2011). After BANOBRAS, he joined the World Bank in January 2013, where he contributed to over 20 projects aimed at enhancing public sector performance in more than 12 countries globally.
González also played a significant role in the 2018 transition economic team led by Carlos Manuel Urzúa Macías, who resigned as Finance Minister in July 2019 due to differences with President Andrés Manuel López Obrador.
Arturo Herrera Gutiérrez, then Finance Minister, highlighted González’s work in restructuring bonds for the New Mexico City International Airport (NAIM) that was planned for construction in Texcoco. Herrera Gutiérrez appointed González as the Undersecretary of Finance on July 29, 2019, after he served as Chief of the Public Credit Unit since December 2018. González managed foreign debt liabilities worth $3.56 billion, which helped reduce payment commitments over the next seven years.
### Secondary Article: Yorio González to Seek International Opportunities
In addition to the confirmation of Gabriel Yorio González’s resignation, various news sources have delved into his potential next steps. According to reports, Yorio González is eyeing an influential position within international financial institutions. His extensive experience with organizations like the World Bank makes him a strong candidate for high-profile roles on the global stage.
His resignation marks a significant shift in the current financial administration, and the implications for Mexico’s Ministry of Finance under the incoming presidency are widely anticipated. There has been speculation about possible successors, but no official announcements have been made.
Reports from financial analysts suggest that Yorio González’s departure could bring fresh perspectives to the international economic arena, leveraging his experience with Mexican fiscal policies and global finance projects.
This secondary wave of political maneuvers comes as Mexico readies for new leadership under Claudia Sheinbaum, promising a period of economic transition and renewed strategies for national and international engagements.