The Central Bank of Uruguay announced that economist Guillermo Tolosa will assume the presidency of the bank’s Board of Directors on 24 March, with the handover scheduled for 10:30 in the Enrique V. Iglesias room in Montevideo. Tolosa holds a PhD in Economics from the University of California and an economics degree from the University of the Republic. His career includes roles at the International Monetary Fund across multiple countries, leadership of IMF representations in several Eastern European nations, and senior positions spanning Ceres, Oxford Economics, the University of Montevideo, Cinve and advisory work for international organisations.