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About Us
TEAM
Meet a team you can trust.
The team at Banorte Securities is passionate about their work and strive to create a comfortable, educational environment to clients and fellow employees. Our experienced financial advisors make the investment process simple and enjoyable, guiding clients with expertise built on years of experience. No matter your financial goals, our team will be there to advise and support throughout your journey – always with a smile.

Xavier E. Ibarrola
Chief Executive Officer
Xavier Ibarrola is the Chief Executive Officer of Banorte Securities International. Leading the transformation of the company’s U.S. presence, Ibarrola managed the relocation of the U.S. headquarters to Houston, recruited an exceptional leadership team and forged innovative partnerships to expand the firm’s digital offerings for clients.
Ibarrola came to Banorte Securities from the BBVA Group where he spent more than 20 years in investments and financial management positions, driving operational and financial improvement across multinational organizations. Ibarrola earned his bachelor’s in business administration from the University of the Incarnate Word as well as a master’s in business administration from The University of Houston. He resides in Houston, Texas with his family.
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Antonio Teruggi
Commercial Director / Sr. Reg. Rep. and Fin Advisor
Antonio Teruggi is the Senior Vice President & Branch Manager of Banorte Securities International. Teruggi is part of the Private Banking Sales Team and has more than 21 years of senior and management experience in the financial sector in private banking, trading desk and analysis departments. Teruggi earned his bachelor’s degree in Finance from the Instituto Tecnologico y Estudios Superiores de Monterrey.

Juan Medina
Chief Investment Officer / Products and Strategy
Juan Medina is the Chief Investment Officer/Products and Strategy of Banorte Securities International. As head of Products & Strategy operations, he has led the development of the first digital solution for Banorte Securities International clients.
With more than 15 years of experience in corporate finance and investments, Juan is passionate about working with clients and colleagues to build solutions that help families and corporations preserve and grow their wealth. He earned his bachelor’s degree in Business Administration from EAFIT in Medellín, Colombia as well as a Master of Science in Financial Markets from the Illinois Institute of Technology. Juan is a member of the CFA Association of Houston and resides in League City, Texas with his family.

Jorge Ibarra
Chief Operations Officer
Jorge Ibarra is the Chief Operations Officer of Banorte Securities International, bringing more than 25 years of experience from different international broker-dealers. Jorge is highly analytical and focused on the company’s needs, constantly seeking ways to create efficiencies in internal processes as well as provide employees with the best tools for decision-making.
Jorge earned his bachelor’s degree in Accounting from the Instituto Tecnologico Autonomo de Mexico (ITAM) and is FINRA Series 7, Series 24 and Series 27 certified. He lives in Houston, Texas and is passionate about sports.

Miguel Castellanos
HR Director
Miguel Castellanos is the HR Director of Banorte Securities International, bringing more than 20 years of experience, Miguel is a business-minded Human Resources professional with practice in multiple industries, both here in the United States and abroad. He is a big believer in teamwork, creative ideas, and collaborative solutions. He has built a strong foundation to move organizations forward.
One of his major strengths is working with senior management to align Human Resources in supporting corporate goals.
He earned his Master’s Degree in Human Development from Universidad Iberoamericana. He resides in Katy, Texas, and is very passionate about F1, tennis, and football. He loves to play sports.

Nephtali Gomez
Director of IT and Digital Projects
Nephtali Gomez is the Director of IT and Digital Projects at Banorte Securities International, with more than 8 years of IT experience in the financial industry. Nephtali is highly focused on results innovating through new IT solutions.
Nephtali studied his bachelor's degree in Computer Systems Engineering and his Master's in Business Administration (MBA) at the Universidad Tecnológica de México. He lives in Sugar Land, Texas and is passionate about chess and technology.

Juliet Thompson
Director of Internal Control and Quality Assurance
Juliet Thompson is the Director of Internal Control and Quality Assurance for Banorte Securities International and Banorte Asset Management with prior experience of 17 years as a management consultant developing projects with senior management for distinguished industries such as Financial, Servicing, Energy and Chemicals, that most activities relate to business improvement, risk management and internal control.
Engaged on plan of actions to be overviewing activities for process optimization interfacing with all different departments and promoting change management and defining key performance indicators for continuous improvement.
Member of International Association of Business Process Management Professionals (ABPMP), certified by Bureau Veritas on ISO as an Internal Auditor for Integrated Management System (IMS). Bachelor’s degree on Marketing at UNESA – Universidade Estacio and Specialization on Economy and Sustainability Management at UFRJ Universidade Federal, both in Rio de Janeiro, Brazil.

Luis Alejandre
Chief AML Officer
Luis Alejandre is the Chief Anti-Money Laundering (AML) Officer of Banorte Securities International with 14 years of experience in the AML, audit, and compliance industry. Serving in multiple AML management roles in the past, Luis has been instrumental in developing effective AML programs for various other business sectors including banking, money service businesses, mortgage lenders and other broker-dealers. In 2010, Luis became a Certified Anti-Money Laundering Specialist by the Association of Certified Anti-Money Laundering Specialists (ACAMS), and in 2017, he earned his Bachelor of Business Administration in Finance from the University of Saint Thomas in Houston, Texas where he resides with his family.

Julio Gil
Sr. Registered Representative/ Sr. Financial Advisor
Julio Gil was born in Monterrey, Mexico and holds a Bachelor of Science in Industrial and System Engineering from the Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM). Julio has been working with Grupo Financiero Banorte since 2000 and joined Banorte Private Banking as an International Specialist in 2004.

Ricardo Roche
Sr. Registered Representative/ Sr. Financial Advisor
Ricardo Roche was born in Merida, Mexico and raised in Cancun, Mexico. He earned an Economics degree from the Universidad Autonoma de Yucatan in 2000 and launched his career soon after, serving wealth management accounts in Mexico. Ricardo has worked for Banorte since 2008 and holds FINRA Series 7, 63 and 65 licenses. After living in New York, he and his family moved to The Woodlands, Texas in 2019.

Aaron Buitron
Sr. Registered Representative/ Sr. Financial Advisor
Born in Saltillo Coahuila, México, Aaron Buitron has worked at Grupo Financiero Banorte since 1996, starting with Casa de Bolsa Banorte before joining Banorte Securities International in 2014. With 26 years of industry experience, Aaron earned a Bachelor of Science in Industrial and Systems Engineering from ITESM in 1985 and holds FINRA Series 7, 63 and 65 licenses.

Victor H. Bujanda
Sr. Registered Representative/ Sr. Financial Advisor
Victor H. Bujanda is a Senior Financial Advisor with more than 20 years of experience in the international financial markets. His focus has been the creation and implementation of diversified investment portfolios for high-net-worth individuals in strict adherence to the client’s risk profile. Victor holds a Bachelor of Arts in Economics from the University of Dallas and an MBA in Corporate Finance from the same institution.

Laura C. Raab
Registered Representative/ Financial Advisor
Laura was born and raised in Guadalajara, Mexico and attended Alexander von Humboldt, Deutsche Schule. She moved to the United States during her high school years and acquired her bachelor’s degree in Business Administration with a double major in Finance and Marketing from the University of Houston. Laura holds the Series 7, 63, 6, and 65 securities registration, the Texas Life and Health insurance license and brings 18 years of experience to Banorte Securities International. Previously, she worked at UBS Financial Services, Merrill Lynch and BBVA Bancomer as part of their Wealth Management teams. Throughout the years, Laura has facilitated financial planning with high-net-worth domestic and offshore clients and is known to come up with innovative ideas that take client services and care to a whole new level.

Mario Hank
Registered Representative/ Financial Advisor
Mario Hank is a Broker-Dealer who works with Banorte Securities International. Born in Mexico City, but raised in the United States and Switzerland, Mario has a deep understanding and appreciation for many cultures and societies and is eager to help navigate his clients through the intricacies of international investments and procedures. A huge fan of technology, he studied Computer Science at the University of San Diego and worked as a System Administrator for more than four years at a major company. Mario started his career in finance more than five years ago working for Banorte Securities International in New York and has since received his FINRA Series 7 and 63 licenses. He now resides in Houston, Texas with his wife after helping Banorte Securities International relocate and expand their U.S. headquarters from New York City.

Adrian Barbosa
Head Trader
Adrian Barbosa is the Head Trader at Banorte Securities. He is an economist from the Universidad Panamericana (UP) with a master’s in International Management from the Instituto Tecnologico Autonomo de Mexico (ITAM). He has more than 25 years of experience in the fixed income, variable and structured products markets. Adrian started his career in Mexico with a recognized financial institution where he became a Portfolio Manager for USD and other currencies for the institution’s own position (+/- USD 3.0 Blns). For the last 10 years, he served as a Senior Trader for Vectorglobal in Miami where he actively participated in their Latin American expansion as well as automating the execution process of different investment strategies, including fund portfolios.