(Photo: Twitter)
Screenshot from: Sin Embargo MX Official Twitter Account

More than three weeks after he was hospitalized due to coronavirus, Jaime Ruiz Sacristan, the president of the board of Mexico's central stock exchange, died on Sunday. He was 70.

According to a recent article, Bolsa Mexicana de Valores SAB announced his death through a statement. However, the exchange did not cite a specific cause. On March 16, Ruiz had been hospitalized March 16 with coronavirus.

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 the general director of Mexico's Grupo Financiero HSBC.

READ: Defying Social Distancing: Mexicans Seen on Beach Ignoring Government's Warning

Ruiz held a degree in business administration from Anahuac University and a master's degree from Northwestern University's Kellogg School of Management.

The Mexican Stock Exchange president was among the group 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 Deputy Health Minister Hugo Lopez-Gatell, the COVID-19 cases might surge to 26,500 due to the fast-spreading nature of the coronavirus.

Citing other cases in different countries, Lopez-Gatell said many who are infected likely did not have symptoms or were not diagnosed.

As the cases continue to pile up, the Mexican government ordered citizens to observe social distancing. However, some residents deliberately ignored the warning, and many of them were seen on the beaches of Veracruz, according to a recent article by Latin Post.

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A well-known beach in Veracruz was bustling during one weekend as Mexicans gathered on the beach, seemingly unaffected by the emergency that plague countries around the world. Apart from people who basked themselves in the sun and took a dip, many street food stalls also lined up to serve food such as tacos and tortas while standing or seated.

Parks and plazas in Mexico City were also filled with young couples and defied the government's warning and recommendation for healthy distancing.

In another article by Latin Post, some Mexican street vendors who were raking in the profits for selling hand sanitizer claimed they do not believe the news of the virus and said that people were wasting their money on hand sanitizers.

But the Mexican government proves it otherwise as it recently fired a Mexican government official who tested positive for the coronavirus after he allegedly spat and coughed on the medical treating him.

In a recent article, Dr. Daniel López Regalado visited Presidente C. Juárez General Hospital in Oaxaca de Juárez, Oaxaca, on April 3 and received ambulatory care after complaining that he was ill, according to a complaint report filed by the hospital.

However, upon learning he 'was not given preferential treatment,' Dr. López Regalado acted aggressively towards the hospital staff.

On Sunday, Mexican health officials reported 442 new cases of the novel coronavirus and 23 new deaths, bringing the country's total to 4,661 cases and 296 deaths.

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On Sunday, health officials reported 442 new cases of the novel coronavirus and, bringing the country's total to 4,661 cases with 296 deaths.