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March 6, 2023
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CAF Presidency elected former minister Rodrigo Peñailillo as its representative in Colombia

Rodrigo Peñailillo, a former member of the Party for Democracy (PPD) and former Minister of the Interior during the second government of Michelle Bachelet, will have a new position at the Development Bank of Latin America (CAF, formerly the Andean Development Corporation).

The former minister, who left La Moneda in 2015 amid questions about his links to the SQM case and the handling of the Caval case, and who lived in the United States between 2017 and 2020, was already working as a consultant to the Corporate Vice Presidency of Strategic Programming of the organism. His new appointment was made by the executive president of the financial institution.

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As reported by the Colombian newspaper La República, the executive president of CAF, Sergio Díaz-Granados, appointed Rodrigo Peñailillo as the entity’s new representative in Colombia, with the aim of continuing to support development plans.

They highlight Peñailillo for his performance in senior public administration positions in Chile, as Minister of the Interior and Public Security, Chief of Staff in the Presidency of the Republic and Provincial Governor of Arauco.

In his studies he has a Master’s in Public Policy from the American University, USA and in Political Analysis from the Complutense University of Madrid, Spain. In the academic field, he has been a student advisor at American University, USA, and has also collaborated with various universities and has participated in numerous international conferences and presentations.

Last June, Minister of Finance Mario Marcel and the executive president of CAF signed an agreement that allows Chile to return, after 45 years, as a full member of that multilateral organization.

On that occasion, the Chilean government signed the Incorporation Agreement and expressed its intention to become a full member of CAF as soon as possible. The head of the Treasury recalled that Chile was one of the founders of this organization created in 1970, and after disengaging in 1977, it rejoined in 1992 and since then has remained an associate member. Precisely, from tomorrow and until Thursday, March 9, Chile will be the host country of various CAF activities.

In addition, it is worth mentioning that, together with the Inter-American Development Bank (IDB), the Development Bank of Latin America (CAF) announced the donation of resources to fight forest fires and for the subsequent reconstruction of the south-central zone of the country.

Julián Suárez, vice president of CAF and representative of the organization in Chile, participated a few days ago in the first “Weekly El Mostrador Summit“.

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