The Central Bank of Paraguay published an update stating that President Santiago Peña has appointed Griselda Mariel Figueredo de Giménez as superintendent of retirement and pensions under Law No. 7235/2023, following a public merit and aptitude competition run by the Social Security Council. The appointment fills the top post of the new supervisory body for Paraguay’s pension system and takes effect on 1 January 2026. After interviews with the seven admitted candidates on 3 and 4 December, the Social Security Council forwarded a shortlist of the best-rated candidates to the executive branch for the final designation. Candidates were assessed on institutional and technical leadership, independence, clarity of presentation, technical knowledge of pensions and supervision, and ethical suitability. The superintendent’s main functions are to inspect, supervise and control the pension system, safeguard the security, liquidity and profitability of pension funds, protect affiliates’ rights and support long-term sustainability under the authority of the Social Security Council.
Central Bank of Paraguay2025-12-09
Central Bank of Paraguay reports appointment of first superintendent of retirement and pensions effective 1 January 2026
The Central Bank of Paraguay said President Santiago Peña has appointed Griselda Mariel Figueredo de Giménez as the first superintendent of retirement and pensions, effective 1 January 2026. The appointment follows a merit-based selection process conducted by the Social Security Council. The post will oversee the pension system, including fund security, liquidity and profitability, and protection of affiliates’ rights.