Bolivia's Ministry of Finance announced the inauguration of a new leadership team at the Central Bank of Bolivia (BCB), appointing David Iván Espinoza Torrico as President of the BCB Board and naming four new board members. The board members are Walter Fernando Orellana Rocha, Álvaro Alfonso Romero Villavicencio, Dennise Sussan Martin Alarcon and Claudia Haydee Pacheco Ayala. In remarks delivered during the ceremony, President Rodrigo Paz Pereira linked the appointments to restoring credibility, emphasising institutional independence, fiscal discipline and transparency, and stating that the central bank should not serve any government. Minister José Gabriel Espinoza Yáñez set out priorities for the new economic management, including ending the financing of public spending through monetary issuance, bringing order to the foreign exchange market and restoring full effect of the BCB Law to secure the institution’s technical autonomy.
Ministry of Finance (Bolivia) 2025-11-13
Bolivia's Ministry of Finance swears in a new Central Bank of Bolivia board led by David Iván Espinoza Torrico
Bolivia's Ministry of Finance announced new leadership at the Central Bank of Bolivia, appointing David Iván Espinoza Torrico as President and four new board members. President Rodrigo Paz Pereira emphasized restoring credibility, institutional independence, fiscal discipline, and transparency. Minister José Gabriel Espinoza Yáñez outlined priorities to end monetary issuance for public spending, regulate the foreign exchange market, and ensure BCB's technical autonomy.