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Banco de Desarrollo del Ecuador appoints new general manager

Banco de Desarrollo del Ecuador BP said its board appointed Wilson Mayorga Benalcázar as the bank's new general manager.

Mayorga Benalcázar has experience serving on the development bank's board as a representative of Ecuador's government, in addition to serving as the chairman of the company's risk committee, according to a June 2 press release.

According to S&P Global Market Intelligence data, he replaces Gonzalo Fernando Núñez Sánchez as general manager.