Latin America, a continent boasting broad economic and social diversity, has attracted and deterred investors and entrepreneurs along its long and varied history – and today this group faces the same conundrum. The vast continent does not lack opportunity for investors and entrepreneurs, but it needs partners with robust capital markets infrastructure in place to help them to be realized.

This panel will examine the natural synergies between Latin America and a range of highly sophisticated capital market economies to see where they could be used to benefit both parties – and the investors and entrepreneurs they serve. What is the future of the capital markets of the Latin American continent and its exchanges? And, if so, what form will it take?

[Available to watch on-demand from 14 December 2021]


Lee Beng HongOlga Cantillo
Chairwoman, Iberoamerican Stock Exchanges Federation
EVP &CEO, Latinex
Olga Cantillo is the Executive Vice President and CEO of the Latin American Stock Exchange, also known as Latinex and has over 30 years of professional experience in the financial industry. She is currently President of the Iberoamerican Stock Exchanges Federation (FIAB), Treasurer of the Central Securities Depository Association of the Americas (ACSDA), Secretary of the Association of Capital Markets of the Americas (AMERCA (BOLCEN)), Independent Director of BI BANK Panama, Founding Associate of the Association of Directors Panama, member of Renaissance Executive Forums Panama and, member of the Independent Advisory Committee of UN Sustainable Stock Exchanges (SSE).

She was Chairman of the Board of Directors of Central Lationamericana de Valores (Latinclear), Vice Chairman of the Board of Directors of Latinex Holdings, Inc. and was a Director of the Panama Stock Exchange. She was also Chairperson of the UN Sustainable Stock Exchanges (SSE) and the World Federation of Exchanges (WFE) Advisory Group.
José Luis de Mora BancoJosé Luis de Mora
Senior Executive Vice President, Banco Santander
CEO of Santander Consumer Finance Europe
Group Head of Strategy, Corporate Development and Financial Planning
José Luis de Mora is a senior executive vice-president of Banco Santander, CEO of Santander Consumer Finance (SCF) and Group Head of Strategy, Corporate Development and Financial Planning. Since he joined Santander in late 2003 as head of Corporate Development, he has taken part in the group’s major dealings.

Before joining the group, he had worked in London, at Kleinwort Benson as an analyst of the Spanish market and European banks, and at Merrill Lynch as the analyst in charge of strategy for pan-European banks, covering banks on the Iberian Peninsula and in Italy and France. He was ranked in the top 3 banking analysts by Extel. He began his career in Spain at Banco de España and in London at Daiwa Securities (head of analysis in Spain).

He represented Santander on the European Banking Federation’s banking affairs committee. He is also chairman of CFA Society Spain, part of the global investment managers association, CFA Institute, where he manages initiatives to provide the training, accreditation and information stakeholders (associates, investment managers, candidates, sponsors, employers, administrators and the financial sector) demand, promoting new sustainability certifications such as CFA UK’s “Certificate in ESG Investing” and the “Women in Investment Management” initiative for gender diversity.

He holds a combined degree in Economics/Business Administration and Law in Spain (ICADE E-3) as well as an MBA from Boston College (on an ICADE scholarship). He is also a CFA charterholder in London.
Lee Beng HongJavier Hernani
Head Securities Services, SIX
Chief Executive Officer, BME
Javier Hernani took up his role of Head of the Securities Services business unit and he is member of the Executive Board of Six Group, since January 2021, after the takeover of BME by SIX. He is also CEO of Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, SA, since April 2017. He served as General Manager of BME from December 2012 to April 2017, with the specific role of coordinating the action of business units and corporate areas. Chairman of the Risk and Security Committees as well as Member of the board of several subsidiaries.

Previously, he joined BME as Chief Financial Officer and member of the Executive Committee, assuming the role of conducting the integration process of the newly created group and leading the IPO process which took the company public as of 14th July 2006. Prior to its incorporation to Bolsas y Mercados Españoles, Mr. Hernani was Deputy General Manager of the Bilbao Stock Exchange (until 2003), CFO of Norbolsa, S.V.B. (until 1998) and Consultant in Coopers & Lybrand Brussels (until 1989).
Thomas ZeebJuan Antonio Ketterer
Chief, Connectivity Markets and Finance
Inter-American Development Bank (IDB)
Juan Antonio Ketterer is the Chief of the Connectivity, Markets and Finance Division of the Inter-American Development Bank. The Division engineers funding mechanisms and risk mitigation structures (guarantees, SPVs, hybrids, funds...) to support public investments in public-private partnerships, capital markets development, digital connectivity and green financing. The Division also conducts extensive work on digital transformation and fintech.

Prior to his current position, Juan Antonio developed a substantial experience with the international financial sector, especially in the areas of financial engineering, capital markets, derivative securities and digital finance (fintech). He held managing positions at several advisory, financing and trading firms, as well as at securities exchanges and clearing houses. Juan Antonio obtained a Ph.D. in Financial Economics from the University of Minnesota, becoming professor of finance at the Tepper Business School of Carnegie Mellon University and at the Kellogg Graduate School of Management of Northwestern University.
Mae Cheng (Moderator)Mae Cheng (Moderator)
Senior Vice President
Barron's Group, Dow Jones
Mae Cheng is the Senior Vice President of Barron's Group at Dow Jones. She oversees the award-winning financial publications Barron's, MarketWatch, Financial News and Mansion Global. She was previously the publisher and editor at Mansion Global, the premiere news site for luxury residential properties around the world, and Barron's Penta, a wealth management and luxury publication.

Mae has been at the forefront of digital-strategy efforts in newsrooms and has led a number of start-up initiatives. In a prior role as Special Projects Editor for Dow Jones and The Wall Street Journal, Mae worked on the launch of a suite of professional-services content verticals and was key to the development of the editorially-driven events portion of The Wall Street Journal’s subscriber-benefits program.