MADRID, Spain.- Martha Sabina Wilson González was removed from her duties as Minister President of the Central Bank of Cuba (BCC), a position she had held since 2019. She will be replaced by Joaquín Alonso Vázquez, current president of Casas de Cambio (CADECA SA). .
As specified Cubadebate, At the proposal of President Miguel Díaz-Canel, the Council of State approved the substitution, with the prior approval of the Political Bureau of the Central Committee of the Party.
Alonso Vázquez, 59 years old, has a degree in Finance and Credit, a Master’s in Management and Business Improvement. Between 2000 and 2010 he served as vice president of CUBALSE to attend to the Economy and Finance activity.
In addition, he has been provincial deputy director of Banco Popular de Ahorro in Havana, Director of Savings at the Central Office of Banco Popular de Ahorro and Director of Credits at Casa Financiera FINALSE.
According to the official press, Wilson González “will be assigned other activities”, which were not specified, and “the effort made” is recognized.
This change comes as the BCC is under investigation over a $72 million debt to Grand Cayman-based investor firm CRF-I Ltd.
The judgment in this regard was concluded for sentencing on February 2 after two weeks of statements in the British High Court of Justice.
The debt whose payment is required from the Cuban Government and the Banco Nacional de Cuba (BNC), arose as a result of two credits contracted by Havana in 1984 with the French bank Crédit Lyonnais and the Italian L’Istituto Bancario Italiano, with the BNC as guarantor. In 1987 Fidel Castro declared the debt “unpayable” and stopped complying with his creditors.
Last October, in the midst of the energy crisis that the island was going through (and is going through), the Cuban government separated from his position Liván Arronte Cruz, who was serving as Minister of Energy and Mines, and the General Director of the Unión Eléctrica (UNE), Jorge Armando Cepero Hernández.
