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President of Mexico H.E. Felipe Calderón visits the NYSE. President Calderón and his wife met with NYSE Euronext CEO Duncan Niederauer and commenced the day’s trading by ringing the NYSE Opening BellSM.
“We are pleased to welcome President Calderon on his first official visit to the NYSE,” said NYSE Euronext CEO Duncan Niederauer. “The NYSE is home to 18 Mexican companies, and we look forward to working together to further enhance our relationship with Mexico.”
“Today I met with NYSE CEO Duncan Niederauer to show our support and strengthen the ties between Mexico and the United States,” said H.E. Felipe Calderón, President of Mexico.
H.E. Felipe Calderón, President of Mexico
President Calderón assumed office on December 1, 2006, and was elected for one six-year term. He is affiliated with the National Action Party (PAN), a mostly conservative organization with a tendency toward more neoliberal economic ideas.
Within the PAN, President Felipe Calderón was Secretary of Studies (1987), National Youth Secretary (1991) and Secretary General (1993). From 1994 to 1995, he was the PAN representative to the Federal Electoral Institute (IFE), and in 1995 was candidate for governor of the state of Michoacán.
He was elected president of the PAN’s National Executive Committee during the three year period from 1996-1999. During his tenure, the PAN achieved significant electoral triumphs and was witness to several important agreements, such as the Electoral Reform, which paved the way for the IFE’s autonomy. During his legislative career, President Calderón was Representative of the Legislative Assembly of the Federal District (1988-1991) and Federal Deputy in the 55th Legislature (1991-1994).
In 2000, he was Federal Deputy in the 58th Legislature and was appointed Coordinator of the PAN’s Parliamentary Group (2000-2003), where he submitted various law proposals for the consecutive election of deputies, the Law of Responsibilities of the Civil Servant and the rules and regulations to apply the Law of Access to Information in the Chamber of Deputies.
In September 2003, he was appointed Secretary of Energy by then President Vicente Fox. As the head of Mexico’s energy sector, he promoted the modernization of state-owned companies as president of the Board of Directors of PEMEX, the Federal Commission of Electricity (CFE) and the electricity company Luz y Fuerza del Centro (LyFC). (Source: www.presidencia.gob.mx)
About the New York Stock Exchange and Mexico
The NYSE is proud to trade 18 companies from Mexico. The total global market capitalization of the 18 NYSE-listed Mexican companies is $824 million. As of August 31, 2008, the consolidated average daily trading value for all Mexican companies listed on the NYSE reached $824.7 million, representing 16% of the total Latin American average daily trading value of $5 billion and 5% of the non-consolidated average daily trading value of $18.6 billion.
 View listed companies from Mexico.
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