Mexico taps new central bank governor Alejandro Diaz de Leon

Markets Associated Press

Mexico's president has named Alejandro Diaz de Leon as the new governor of the country's central bank.

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Diaz de Leon is currently deputy governor of the Bank of Mexico and has held a variety of jobs in finance, government and academia. He holds a degree in economics from the Autonomous Technological Institute of Mexico and a master's degree from the Yale School of Management.

A statement Tuesday from President Enrique Pena Nieto's office says Diaz de Leon will assume his new office Friday for a term that runs through the end of 2021.

He replaces Agustin Carstens, who tendered his resignation earlier this month.