From Risk to Strategy: Managing the Bank Balance Sheet in 2026

Álvaro Cabello Blanco, FRM is a Partner at Mirai, a consulting firm specialized in Treasury, Risk, Capital Management, and Financial Technology for banks and

financial institutions. Mirai has also developed its own Balance Sheet Management platform, which was a pioneer in cloud-based and big data architecture, positioning the firm at the forefront of technological innovation for Treasury and Finance functions. Álvaro brings extensive experience advising global and regional banks on balance sheet management, regulatory and economic capital, liquidity risk, IRRBB, ALM, and capital-adjusted profitability, with a strong focus on model platforms, data architecture, and end-to-end execution.

At Mirai, Álvaro leads the consulting practice across the Americas from New York, while also coordinating the firm’s innovation agenda, including the integration of artificial intelligence into Treasury and Risk systems, the development of proprietary models and validation frameworks, and the continuous evolution of Mirai’s technology stack.

Throughout his career, Álvaro has led complex transformation programs across Europe, the United States, and Latin America, supporting Tier 1 and Tier 2 banks as well as development and multilateral institutions. His background spans the full capital and treasury value chain, including Basel III/IV, stress testing and CCAR, liquidity and funding risk, and the design of scalable data and model platforms supporting Treasury, Risk, and Finance.

Prior to joining Mirai, Álvaro worked at Santander México within the Risk function, where he was responsible for the development and monitoring of risk models. Earlier in his career, he was part of KPMG Spain, supporting multiple international financial institutions on risk, regulatory, and transformation projects.

Sophie Marnhier-Foy is Vice President and Head of Client Solutions Strategy of the Financial Technology division at Nasdaq. Sophie also serves as Chair of the Calypso Central Counterparty (CCP) Roundtable and Central Bank Forum. 

Prior to this role, Sophie was Head of Product Management for the Calypso Risk, CCP and clearing solutions. Before joining Calypso, Sophie worked for Calyon (now Crédit Agricole CIB) in New York and Paris, focusing on risk management and front-office programs. Prior to Calyon, she was a bank auditor for PricewaterhouseCoopers (PWC) Paris.

He was Chief Risk Officer at Credit Suisse for 18 years and previously Systems and Derivatives Manager at Afore BBVA for eight years. For nine years, he has taught Financial Derivatives, Data Science, and senior management at Anahuac University. He is a certified Financial Risk Manager (GARP) and a Risk Manager (AMIB/MexDer), holds an Industrial Engineering degree from UNAM, Master's degrees in Operations Research (Columbia University) and Financial Engineering (WorldQuant University), and is completing a Master's in Financial Planning and Management at UEMC, Valladolid.

Currently Chief Risk & Credit Officer of Grupo Financiero Banorte and member of the Boards of Grupo Financiero Banorte; Banco Mercantil del Norte; Arrendadora y Factor Banorte; Sólida Administradora de Portafolios; Seguros Banorte and Pensiones Banorte; as well as member of the Board of Grupo UNICCO and Operadora de Arrendamiento Puro. A former CEO of Banco Interacciones from 2004 to 2018 and also Chief Risk Officer of Grupo Financiero Interacciones from 2002 to 2004. Previously acted as a President of Corporate Banking at both BBVA and Bancomer. His financial career was enriched by professional experiences at Banamex, Banco de Mexico and the Ministry of Finance. Concurrently he has performed in academics as professor and lecturer as well as by holding postgraduate studies in Finance, an MBA, a Master in Economics and a PhD in Social Sciences in institutions like Universidad Iberoamericana (in which he held the position of Dean of the Economics Department), ITAM, Tec de Monterrey, Harvard University and The New York Institute of Finance. He has received educational grants from Conacyt and also from The Fulbright Foundation. On the side of corporate governance he is certified by the National Association of Corporate Directors (NACD) and also by the Directors Consortium of Stanford University, The University of Chicago and by Tuck Business School at Darmouth. He acts as shareholder of private and listed companies of which he has founded four. He is a lifetime member of the American Association of Individual Investors (AAII).

Gaspard Monnoyer is Head of LATAM Sell-Side Enterprise Product at Bloomberg. With more than 20 years of experience, he has worked across sales and derivatives structuring roles at Barclays and J.P. Morgan in London, and at ING in Brussels. He holds a master’s degree in Electromechanical Engineering from Université libre de Bruxelles.

Beatriz holds a bachelor’s degree in business sciences from the Autonomous University of Madrid, a master’s degree in economics and finance from the Center for Monetary and Financial Studies (CEMFI), founded by the Bank of Spain, and is a Chartered Financial Analyst (CFA).

She has over 25 years of professional experience at BBVA Group, where she has successfully held senior roles across Finance and Asset Management functions.

In Spain, she was responsible for overseeing Financial Management across BBVA Group subsidiaries. In 2018, she assumed the role of Head of ALM & Capital at BBVA Mexico, and in 2023 she additionally took on responsibility for Investor Relations. In 2025, she was appointed Chief Financial Officer (CFO).

Prior to joining Texas A&M University, Jill was the associate managing director for US bank ratings at Moody’s Investors Service in NY. Jill has also been a vice president of supervision at the Federal Reserve Bank of Dallas with leadership of six teams with responsibility for banking supervision, macro-financial analysis and monitoring financial conditions/monetary policy formulation. Prior to her time at the Dallas Fed, Jill worked at the Federal Reserve Board during the 2008 financial crisis and at the US Treasury Department for a decade as both an international economist and a financial economist in Treasury debt management. Jill’s graduate degree is in public policy with an emphasis on international economics and finance from Princeton University. Jill is also a CFA charterholder.

Jill is a frequent speaker at financial service industry events including events with Institute for International Finance in NY, National Housing Finance Council in DC, the Houston Chapter of the Risk Management Association, American Bankers Association in DC, the Office of Financial Research/Cleveland Fed financial stability conference, Conference of State Banking Supervisors, Moody’s Analytics Banking Summit, and Empyrean Asset Liability Management Solutions Annual Conference. In mid-2025, Jill testified in front of the House Financial Services Committee on US Treasury market stability.

Abraham educational background comprises the GARP Financial Risk Manager certification, the Moody’s Commercial Credit certificate, a PLD program from Harvard Business School, but also, an MSc in risk, MSc in finance, and the financial management MBA from one of the most prestigious universities in Mexico, better known as ITAM. He is also a Cornell Johnson School of Business & Queens Smith School of Business MBA.

Currently, Abraham is the managing director of trading & treasury risks at Grupo Financiero Banorte, where he has under authority the balance sheet oversight & modelling, including policy compliance hedging strategies & interest rate risk management. In a similar fashion, he is in charge of the liquidity risk framework & the Basel III directive. Abraham M Izquierdo is also responsible for the Grupo Financiero Banorte’s capital management, allocation, optimization & surveillance (including CET1, CAR, Stress Testing & ICAAP). In the trading book sideline, he is the head for market & counterparty risks, including the valuation and implementation of financial products & derivatives, whthin the Banorte’s capital markets transformation program. He has also been in charge of the XVAs framework & Derivatives Committee introduction at Banorte. As of now, two relevant initiatives he is leading at Grupo Financiero Banorte are: the Basel IV & LIBOR/TIIE transition implementation.

Maritza Lara Aguillón currently serves as Director of Treasury at Bankaool, a fintech-focused financial institution, where she leads the funding, liquidity, and investment strategy. Her responsibilities include designing financial products, structuring issuances, managing relationships with institutional counterparties, and implementing technological tools to strengthen the treasury function in a highly regulated and competitive environment.

During her time at the Treasury Department of the National Foreign Trade Bank (Bancomext), she successfully managed bond issues, hedging strategies, and ESG-focused investment projects, including the country's first sustainable bond issue.

She has also developed her career at Afore Azteca, as well as at Deutsche Bank and The Bank of New York Mellon, two of the most recognized financial institutions globally, strengthening her experience in capital markets, derivatives, and fiduciary management.

Guilherme is Partner at NTT DATA Mexico for Corporate & Investment Banking. With

+20years of international experience, including Portugal, Spain, Andorra, Brasil, South Africa, UK, Colombia and the US, Guilherme joined NTTDATA in 2021, and is a Treasury, ALM and transformation expert. He holds an Economics degree from the Universidade de Coimbra and a master’s in financial management from the Universidad Complutense de Madrid. Guilherme manages the BTRM LatAm chapter.

Jim Bennett joined Red Hat in 2022 to run Capital Markets business, inclusive of global FMI’s as well as support accounts around the globe. Prior to this Jim served as the global head of business development for Publicis-Sapient, a provider of a range of services to the financial service. He began his career for Texas Commerce Bank in the energy sector, which would eventually become JP Morgan Chase & Co. He has served as COO of Countrywide Capital Markets, primarily focusing on its rates business, alternative investment company and expanding its international offices. Bennett also worked as board of directors of several BofA entities and executive roles at Bank of America such as CFO, COO, and Global Head of Middle Office.