Ricardo Garduño has been employed at Citi since 1999 and currently serves as managing director and legal head for the bank’s Consumer Business division in Mexico. As a member of the legal committee at the Mexican Banks Association Garduño is able to contribute to Mexico’s financial system at a nationwide level. Over the last four years in his role at Citibanamex, Garduño has directly participated in a deep transformation of the bank’s Mexican franchise by facilitating the implementation of new business trends.

He tackled new market challenges especially relating to the digitalisation of the financial services and created a robust control environment in line with shareholders’ and regulators’ expectations. Other positions held by Garduño over his time at Citi include legal head of the Institutional Clients Group in Mexico, legal head of corporate governance and regulatory affairs, deputy secretary of the board of directors of Grupo Financiero Banamex and Banco Nacional de México and secretary of the board of directors of Acciones y Valores Banamex and Impulsora de Fondos Banamex.

Sponsored by Citi, Garduño worked for one year at law firm Davis Polk & Wardwell. He started his legal career as a lawyer at Mexico’s central bank, Banco de México, where over a five-year period he had the opportunity to closely work on the implementation of the Financial Chapter of the North American Free Trade Agreement (NAFTA) to welcome foreign financial institutions in Mexico. He also impressed with his work on drafting of the constitutional and legal framework to provide Banco de México with autonomy from the Federal Government and the bailout of Mexico’s banking industry in the aftermath of the country’s 1994 financial crisis.