Chairman of Mexico’s Stock Exchange Dies After COVID-19 Battle

COVID-19 has claimed perhaps the highest-ranking stock market official.

Jaime Ruiz Sacristan, Chairman of Bolsa Mexicana de Valores has passed away after being diagnosed with the COVID 19 virus. He had been hospitalized since mid-March.

He was 70.

The death was confirmed by Bolsa Mexicana de Valores but the bourse did not mention the coronavirus. Local media reports said Ruiz had been hospitalized March 16 with coronavirus. He was among a cluster of high-profile Mexican executives who had tested positive for the virus after returning from a ski-resort vacation to Vail, Colorado, on a private jet, according to a Bloomberg report.

Ruiz had served as chairman of the exchange since 2015. He was also the chairman and founder of Banco VE Por Mas, a board member for Byline Bancorp, and president of the Mexican Association of Banks. From 2004 until 2014, Ruiz was general director of Mexico’s Grupo Financiero HSBC.