SANTO DOMINGO.- President Luis Abinader issued Decree 442-24 yesterday, August 15, confirming important appointments in the country's financial sector.
A press release from the Presidency of the Republic states that the ratifications seek to ensure the continuity and stability of key institutions in the Dominican banking system.
In the decree, Héctor Valdez Albizu was confirmed as governor of the Central Bank of the Dominican Republic, a position he has held for 20 uninterrupted years. Clarissa de la Rocha was also ratified as vice governor of the institution.
Héctor Valdez Albizu. (External source).
Albizu graduated from the Autonomous University of Santo Domingo (UASD) in 1971. He is the economist who has served the longest as governor of the Central Bank. He was first appointed in 1994 and served until 2000, when Hipólito Mejía became president.
In 2004, Leonel Fernández, then President of the Republic, reappointed him and since then, he has not left the position.
Alejandro Fernández Whipple has also been confirmed as Superintendent of Banks of the Dominican Republic for a second term. He was appointed to head that entity in 2020, when Abinader took office.
Alejandro Fernández. (External source).
Fernández W., 51, is a financial analyst, educator and writer —before becoming superintendent he had a column in which he addressed economic issues, with more than 25 years of professional experience in the financial sector, in the private and public spheres.
