The Board of Directors of Petroleos Mexicanos appointed Armando David Palacios Hernandez as the company’s corporate director of Joint Ventures and New Business. This appointment will come into effect on July 16.
Palacios Hernandez, who substitutes Jose Manuel Carrera in this position, has a degree in Economics from the Instituto Tecnologico Autonomo de Mexico (ITAM, Mexico’s Autonomous Technological Institute). He began his long track record at the Instituto Mexicano del Seguro Social (IMSS, the Mexican Social Security Institute). Later on, he held various positions at the Ministry of Finance and Public Credit, including deputy director of the Retirement Savings Systems and deputy general director of Multiple Banking, as well as coordinator of counselors to the Chief Clerk.
At the IMSS he was the title holder of the Delegations Assessment Unit; director of Financial and Social Benefits, and Management director, which is the position he held until a few days ago.