This Wednesday -January 15- the local market was surprised by the announcement by President Gustavo Petro in which it was reported who will be the two new professionals who will join the Board of Directors of Banco de la República. fulfilling one of the economic moves that were expected for the current period.
These are the economists Laura Moisá and César Giraldo, which come in use of the constitutional powers that President Petro has to appoint two co-directors of the Issuer and put the balance in favor of the Government within the central bank team that, among other things, defines the future of monetary policy.
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According to the Issuer’s regulations, its board of directors is made up of seven members, including the Minister of Finance, Diego Guevara, and the general manager, Leonardo Villar, who work hand in hand with five other co-directors. In the case of the Manager, he is chosen every four years and can remain in office for up to 12 years, if approved by the full Board.
Likewise, in the case of co-directors, the law says that they can be appointed by the President of the Republic, for a period of four years, which can be extended up to two more times. Precisely, taking advantage of this faculty, The head of state put Moisá and Giraldo, while the market waits to know who the board members who will leave will be.
Laura Moisá.
National University Archive
Who arrives?
According to publications from the National University and academic repositories on the web, Laura Carla Moisá Elicabide is an economist from the National University, a master’s degree in economic sciences from that educational center and has a doctorate in economic development from the State University of Campinas in Brazil.
In June 2024, she had been announced as vice-rector of the National at the Medellín headquarters.after standing out as a student representative before the Higher University Council, and being linked to that institution for several years, where she is also a full-time associate professor of the Faculty of Human and Economic Sciences since 2008.
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Meanwhile, César Giraldo is an economist from the Universidad de los Andes specialized in public policies and completed his master’s degree at the National University of Colombia with a thesis on fiscal policy in the import substitution model. In 2007 he completed his doctorate at the Université de Paris XIII Paris Nord in economics.
According to the Colombian Academy of Economic Sciences, of which he has been a member since 2003, among the positions he has held include the Technical and Economic Vice Presidency in the Association of Banking and Financial Entities between 1994 and 1995 and being part of the Special Legislative Commission and worked at the Regional Center for Third World Studies, the World Bank.
He has also been in the Directorate of Financial Analysis and Statistics of the Subcomptroller’s Office, the General Accounting Office of the Nation, the United Nations Organization, the Programming and Control Division of the National Planning Department and the Ministry of Mines and Energy.
Bank of the Republic.
EL TIEMPO Archive
“His lines of interest have always been around public policies and, in particular, on issues related to social protection and the history of the State and public finances,” the Academy said on its website.
Both professionals have an affinity with economic theories that give priority to the public sector, the property and power of the State, the social salary of workers, social protection and the control of financial speculation, among other aspects of the economy, which are very close. to those raised by President Petro.
In terms of who would be the most likely members to leave, we must not forget that although most of the spotlight is on Roberto Steiner and Jaime Jaramillo, given that they have already completed their four-year term, Bibiana Taboada and Bibiana Taboada are also on the list. Mauricio Villamizar, those who entered in 2021 and this year fulfill the period given to them by law.
