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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.