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Peru's FONAFE appoints new Fondo MIVIVIENDA chairman

The boardof Peru's Fondo Nacional de Financiamientode la Actividad Empresarial del Estado on Sept. 27 appointed Jorge AlejandroErnesto Niezen Sarmiento as the new chairman of Fondo MIVIVIENDA SA.

NiezenSarmiento replaces former Fondo MIVIVIENDA Chairman Luis Ángel Piazzon Gallo, whoresigned on Sept. 22.Gallo had served on the board since September 2011.