SWIFT have announced the opening of its new office in Mexico City. The expansion supports the growth of the company’s Latin American operations, and enables customers to benefit from the expertise and localised access of sales and technical support that are critical to payments, securities and treasury operations. This is in response to the sustained growth and development of Mexico’s economy and to help the industry respond to developments related to financial reform, such as regulatory compliance. The use of SWIFT in Mexico is growing notably, with financial messaging increasing by 15% in 2013, and similar growth expected for 2014.
Ruben Galindo, Director, Sales Services for Mexico at SWIFT will run the Mexico City office reporting into Jairo Namur, Regional Manager, Latin America at SWIFT. Ruben joined SWIFT in May 2014 and previously was Regional Product Head for Latin America at HSBC. He brings extensive industry experience to this newly created position.
Chris Church, Chief Executive, Americas, SWIFT says: “The opening of the new office is a significant milestone for our Latin American business. We now have a stronger physical presence in the region to support our strategic initiatives and to meet the growing needs of our customers and the industry. Latin America is an important region for us and our presence in Mexico City underlines SWIFT‘s confidence in this fast-developing market.”
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