Bladex announces Angelica Ruiz Celis to its Board as Independent Director

– PANAMA, Panama City –  Banco Latinoamericano de Comercio Exterior, S.A.  (aka Bladex)(NYSE: BLX), a Panama-based multinational bank established by the central banks of 23 Latin-American and Caribbean countries, today announced the appointment of Angelica Ruiz Celis to its board as an Independent Director effective on March 30, 2023.

“The appointment of Angelica Ruiz and the ongoing presence of Mario Covo on our Board of Directors will mark a significant step forward for our company. Their extensive expertise in capital markets, operations, industry, and the Latin American region will be instrumental in guiding us towards continued success as we execute on our Strategic Plan. With Angelica’s deep understanding of the Mexican market, we are well-positioned to unlock new growth opportunities for Bladex,” said Board Chairman, Miguel Heras.

About Angelica Ruiz Celis

Ms. Ruiz has been recognized as one of Forbes´ 100 Most Influential Women in Mexico in 2021, Bloomberg´s Most Influential Leaders in LATAM in 2021, and a Leader in Energy by the Petroleum and Energy Ranking in 2018. Her background in the energy and oil and gas sectors, as well as in trade and commodities, also adds to the collective experience and knowledge of the Board, ensuring that informed decision-making and strategic planning for the organization’s future growth are in place. The addition of Ms. Ruiz to the Board also expands the Bank’s knowledge of the region and further strengthens the organization’s governance and management.

With over 20 years of experience, Ms. Ruiz’s exceptional leadership and regional expertise spanning more than eight Latin American countries, in various executive roles including the energy industry, strategy, operations, and commercial sectors with a global focus, qualify her to serve on the Bladex Board.

Since 2020, Ms. Ruiz has served as the Regional President LATAM and SVP for BP Group, and from 2018 to 2020 she held the position of President Mexico Head of Country for BP. Previously, Ms. Ruiz served as VP Managing Director LATAM for Vestas from 2015 to 2018 and held several leadership roles at Petrofac Integrated Energy Services, Mexico, including Strategy and Commercial Director, CFO, and Business Services Director from 2011 to 2014. Before that, Ms. Ruiz was General Manager-MD, Commercial and Business Development Global Manager and Strategy and Planning Manager at Grupo Mexicana de Servicios Subacuáticos S.A. de C.V., Strategy and Transformation, Outsourcing and Project Manager at CAP Gemini Ernst & Young. Ms. Ruiz is a graduate of the London Business School´s, Executive Education-Leadership program, and has specialized in Oil & Gas Education at the University of Texas, Austin. She holds an MBA from Instituto Panamericano en Alta Dirección (IPADE) and the Ivey Business School at WU Ontario, Canada. Additionally, Ms. Ruiz earned a B.A. in Economics, Engineering, and Operations Management at Instituto Tecnológico Autónomo de México and a B.A. in Mathematics at Boston University.

About Bladex

Bladex, a multinational bank initially established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, and the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions and corporations. Bladex has been listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.

For more information: https://www.bladex.com/