Serafin Martinez Jaramillo is a Financial Sector Consultant at the World Bank. He has over 27 years of experience at Banco de México on financial stability issues, where he most recently served as Deputy Director of Environmental and Social Risk Analysis and Policy, and from 2019 to 2021 was seconded to the Center for Latin American Monetary Studies (CEMLA) to supervise work on regional financial stability and financial market infrastructures issues. He represented Banco de México at several