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According to Market Intelligence, April 2023


Bolivia's central bank names interim leaders ahead of elections

Banco Central de Bolivia has appointed Guillermo Aponte Reyes Ortiz as interim chairman and David Espinoza Torrico as interim general manager, according to statements from the central bank.

Reyes Ortiz replaces Pablo Ramos Sánchez, who had been serving as chairman since 2017, according to S&P Global Market Intelligence data. Espinoza Torrico, meanwhile, has been employed with the central bank since 1987 and has served in a range of positions including manager of international operations.

The central bank also named four interim directors to its board, including Luis Armando Pinell Siles, Walter Morales Carrasco, José Gabriel Espinoza Yáñez and Roger Alejandro Banegas Rivero.

The management changes follow the November resignation of Evo Morales as president of Bolivia. Opposition lawmaker Jeanine Añez has assumed the country's presidency for the time being and has agreed to call fresh elections.