Mr. Fuentes received an MBA degree from KELLOGG SCHOOL OF MANAGEMENT AT NORTHWESTERN UNIVERSITY with majors in Finance and Marketing (1987-89).

He obtained a Diploma in Finance from the Instituto Tecnológico Autónomo de México -ITAM- (1984-85).

Mr. Fuentes graduated from UNIVERSIDAD IBEROAMERICANA with a Bachelor’s degree in Industrial Relations (1980-84).

He is in the "Continuos Updating Management Program" of the IPADE.

Mr. Fuentes has also taken courses in:

The Wharton School at the University of Pennsylvannia (Mergers and Acquisitions).

Kellogg School of Management at Nothwestern University (Kellogg in New Directions in Management).

Kellogg School of Management at Nothwestern University (Kellogg on Retirement) .

MIT (Essential It for Non-IT Executives).

And other courses of Citibank and IPADE.