Roberto Hernández Ramírez Mexicana de Valores, S.A. de C.V. (Mexican Stock Exchange) - 1974 to 1979, Director - 1972 to 2003; Member of the International Advisory Committee of the Federal Reserve Bank of New York - 2002 to present; Chairman, Asociacion Mexicana de Bancos (Mexican Bankers Association) - 1993 to 1994; Member, Bolsa Mexicana de Valores, S.A. de C.V. - 1967 to 1986; Director of Citigroup since from 2001 to 2009; Other Directorships: GRUMA, S.A. de C.V. and Grupo Televisa, S.A.; Hernández Ramirez received a bachelor's degree in business administration from the Ibero-American University (1964), co-founded "Acciones y Valores de México (Accival)" in
Bolsa de Valores de Montevideo as special partners. In 1996 the trading activity was favored with the appearance of the Savings Fund Administrators (AFAP ) and the Securities Market Act and Notes. The following year, the BVM developed its System Clearing, Settlement and Custody . In 2008 it began operating with the electronic Spanish Stock Market Integrated System (SIBE ) . In Uruguay in the late nineteenth century and early twentieth century, many enterprises began life taking capital from the market's risk. At the time nearly 50 national companies came to list its shares on the stock . Bolsa de Valores de Montevideo Bolsa de