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FTSE Russell Expands Latin American Business With New Office In Mexico City

Date 02/02/2016

  • Industry veteran David Estefan appointed Country Head for Mexico and Colombia
  • Mexico City office reinforces sales and business development across region
  • Underpins global diversification strategy and market growth in Latin America

FTSE Russell, the global index provider, announced today that it has opened a new office in Mexico City, headed by David Estefan, a senior international industry professional. Estefan will serve as Country Manager for Mexico and Columbia, leading sales and development efforts. He brings considerable expertise in investment banking, asset management, economic capitalization and structured finance, having served in previous roles at Sierra Madre Capital, Gramercy Advisers and Afirme Grupo Financiero in Mexico City.

The Mexico City office is the second for FTSE Russell in Latin America, keeping pace with its expansion across the region. The first office opened in Rio de Janeiro, Brazil in 2014. Of note, that same year, through its FTSE TMX Global Debt Capital Markets JV, the company entered into a cooperation agreement for Fixed Income Indexes with Proveedor Integral de Precios (PiP), the leading multi-national price vendor in LatAm that manages over 100 government and corporate bond indexes in Mexico, Columbia, Costa Rica and Peru.

Fernando Lifsic, LatAm Managing Director at FTSE Russell, said:

“We are committed to the growth and development of the LatAm financial market, where we work closely with leading asset managers and asset owners. We are seeing strong demand in both Mexico and Colombia, and are thrilled that David Estefan will head our sales and business development efforts in these two countries.” 

FTSE Russell, a wholly owned subsidiary of London Stock Exchange Group, provides significant capital markets infrastructure across Latin America. The Group’s technology firm, MillenniumIT, powers the trading platform for Bolsa de Valores de Lima in Peru, which helps bring connectivity through the entire MILA (Mercado Integrado Latino Americano) region, and is also working with Caja de Valores SA in Argentina to provide a new securities trading platform, which is expected to go-live later this year. There are also 41 Latin American companies listed on LSEG’s London markets today.