LAREDO, TEXAS –IBC Bank Executive Vice President Gerald (Gerry) Schwebel has joined business leaders from around the state to serve on Lt. Gov. Dan Patrick’s Business Task Force to Re-Start the Economy. Lt. Gov. Patrick announced the Task Force earlier this month. The group consists of members of his Business Advisory Council and will work on a set of recommendations for re-starting the Texas economy, now that President Donald Trump and Gov. Greg Abbott have announced a process for businesses to begin re-opening and for Texans to go back to work.
"Gerry’s experience and in-depth knowledge of a variety of trade, logistics and business issues make him an invaluable asset to our customers and communities on both sides of the border," said IBC Bank Chairman and CEO Dennis E. Nixon. "This knowledge will certainly be critical to Lt. Gov. Patrick as the Task Force sets out to responsibly re-start our economy as quickly as possible."
Schwebel will serve on the Trade and Supply Chain Committee of the Task Force, together with Texas Association of Business CEO Jeff Moseley and other key border leaders.
"With Mexico being Texas’ number one trade partner, it is very important to keep our trade supply chain functioning at full capacity, especially as we begin to implement the improved USMCA," explained Schwebel. "We cannot allow any disruptions in our supply chains. More than ever, our trade relations with Mexico must be fully aligned in order to help us recover and maintain our economy." Widely regarded as a leading expert on international trade and finance, Schwebel is a dedicated advocate for free trade, economic development and transportation. He frequently represents IBC Bank and its customers with top government and business leaders in the United States, Mexico and Canada and was intricately involved in each of the negotiating rounds that resulted in the new USMCA agreement.
"I am proud to serve our state and represent the border and our business community on this very important Task Force," he continued. "It is imperative that the private and public sectors work hand-in-hand, now more than ever, to get Texans working again."
Schwebel has held a variety of leadership positions including the national chairman of the Border Trade Alliance (BTA); bi-national director of the U.S.-Mexico Chamber of Commerce; member of the Transportation, Logistics and Infrastructure Committee of the U.S. Chamber of Commerce; member of the Texas Secretary of State's Border Trade Advisory Council; and ex-officio member of the Texas Freight Mobility Committee. Currently, he is on the Executive Committee and Board of Directors of the I-69 Alliance of Texas as well as Lt. Governor Dan Patrick’s Ports Advisory Committee. He is also the immediate past president of North America's Strategy for Competitiveness (NASCO), which is a tri-national trade coalition (U.S., Canada, and Mexico) that advocates for competitiveness through logistics, transportation infrastructure, security, energy and a skilled workforce.
He also serves as a member of the U.S.-Mexico Economic Council (USMXECO) of the U.S. Chamber of Commerce, the premier business advocacy organization dedicated to strengthening the economic and commercial relationship between the United States and Mexico. The group builds on and houses the U.S.-Mexico CEO Dialogue, which convenes private sector leaders from the United States and Mexico to provide joint recommendations for their respective governments on priorities in the bilateral trade and investment relationship. IBC Bank Chairman and CEO Dennis E. Nixon is a member of the Dialogue.