The Mexican financial services firm was forced to reshuffle its derivatives and structured products teams following the decease of the divisional head.

Monex has restructured its treasury and markets division which houses the derivatives and structured products teams following the passing of Javier Alvarado due to Covid-19. Alvarado ( pictured ) had been CEO of Monex Casa de Bolsa and head of treasury and markets at Monex Financial Group since 2010. Tomás Noriega , ex-head of assets and liabilities management (ALM), has been tapped head of treasury and markets, while Pedro Arroyo has been promoted to Noriega’s previous position fr