The professor moderates discussions on the adoption of responsible financial practices at an event held in the Mexican Stock Exchange.

By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL

Carlos Vargas, professor in the Department of Finance and Business Economics at EGADE Business School - Tecnológico de Monterrey, offered an outstanding participation within the XXXV IMEF Symposium 2023, as moderator of the pillar on sustainable finance.

The event took place on September 7 and 8 at the Mexican Stock Exchange, in Mexico City, bringing together more than 150 leaders, experts and visionaries in finance.

Vargas moderated the first thematic pillar of the symposium, “Towards a sustainable economy in Mexico: promoting the adoption of responsible financial practices,” in which María Consuelo Pérez Cavallazzi, Country Manager at S&P Global Ratings México; Javier Perochena García, Head of ESG Solutions at Banco Santander México; and Rocío Canal G., ESG Sustainability partner at Deloitte Spanish Latin America, shared their reflections.

Other pillars of the symposium were the economic and fiscal environment, nearshoring, inclusive leadership and artificial intelligence.

“Discussions and knowledge sharing on sustainability, technology and leadership laid the foundation for a promising financial future in Mexico. As we move into the future, these topics will continue to be crucial for driving business success in our country,” commented Vargas, who also acted as vice-president of the symposium.

The event was led by José Domingo Figueroa Palacios, president of IMEF Nacional, and Ramón Alfonso Casanova Hernández, president of IMEF Grupo Ciudad de México, who highlighted the importance of collaboration and innovation in the pursuit of a solid financial future for Mexico.

GRASFI APPOINTMENT

Professor Vargas was invited to join the Board of Directors of the Global Research Alliance for Sustainable Finance and Investment (GRASFI), an international network of leading universities in the field of research and education on sustainable finance and investments, of which Tecnológico de Monterrey is a member.

The appointment was made official within the framework of the 6th Annual GRASFI Conference, held from August 23 to 25 at Yale University, in which Vargas participated as moderator in a session on Firm Performance.

Vargas is the academic leader of the Executive Education program Climate Governance for Board Members and Senior Managers at EGADE Business School, and a member of the Steering Committee of the Impact & Sustainable Finance Faculty Consortium at Northwestern University - Kellogg School of Management.

His book, Sustainable Finance Fundamentals, was recently published by the British publishing house Routledge.