Calixto Ortega Sánchez

Calixto José Ortega Sánchez is a Venezuelan engineer and diplomat who currently serves as the President of the Central Bank of Venezuela since 19 June 2018.[1]

Calixto Ortega Sánchez
President of the Central Bank of Venezuela
Assumed office
June 19, 2018
PresidentNicolas Maduro
Preceded byRamón Lobo
Personal details
NationalityVenezuelan
Alma materUniversity of Zulia
Columbia University
Rice University
ProfessionEngineer, diplomat

Education

Calixto Ortega graduated from the University of Zulia with the title of industrial engineer. In addition, he completed master's degrees in Finance (MBA) from Rice University, and in Economic Policy Management, from Columbia University in the United States. Among his academic achievements include entering the Honor Roll of the University of Zulia (2003), and more than thirty diplomas of honor for receiving the highest grades.[1]

Career

In 2009, he was one of the members of the Venezuelan diplomatic corps that were given persona non grata while he was consul in Houston in response to a similar measure approved during the Hugo Chavez government against US diplomats in Venezuela. From 2014, he was consul of Venezuela in both Houston and New York and then served as a principal adviser to Petróleos de Venezuela (PDVSA).[2][3][4]

In November 2017, eight days before the arrest of the president and five other directors of the subsidiary, José Ángel Pereira Ruimwyk, he was appointed as vice president of administration and finance of Citgo, having joined the company only a couple of months ago. According to an investigation carried out by the journalist Maibort Petit, in the designation the requirements demanded by the United States government to the companies for the approval of the L1 visas, related to the transfers of transnational executives, were violated.[3][4]

In May 2018, the United States rejected the re-entry of Calixto Ortega into its territory, alleging irregularities in his L1 visa, after having traveled to Venezuela to participate in the 2018 presidential elections, causing him to leave the vice presidency of Citgo.[3][4]

After President Nicolás Maduro proposal to appoint Calixto Ortega as President, the National Constituent Assembly appointed Calixto Ortega as president of the Central Bank of Venezuela (BCV) to replace Ramon Lobo on 19 June 2018, despite that the constitution of Venezuela and the Central Bank Law establish that the ratification of the Central Bank president must be approved by the National Assembly, which is currently dominated by the opposition Democratic Unity Roundtable.[5][6]

Tenure

Calixto Ortega has held the following positions:[1]

References
  1. "Calixto José Ortega Sánchez". Banco Central de Venezuela. 20 July 2018.
  2. Avendaño, Shari (19 June 2018). "Calixto Ortega Sánchez es el nuevo presidente del BCV". Efecto Cocuyo. Archived from the original on 20 June 2018. Retrieved 20 June 2018.
  3. Leonett, Vanessa (19 June 2018). "PERFIL | Calixto Ortega Sánchez: De expulsado de EE. UU. a presidente del BCV". El Pitazo.
  4. Morales, Oscar José (19 June 2018). "Calixto Ortega Sánchez, sobrino de un sancionado por EE. UU. y nuevo presidente del BCV (+Perfil)". Caraota Digital.
  5. Silva, Rosa Alejandra (19 June 2018). "Designan a Calixto Ortega Sánchez como presidente del BCV". Panorama. Archived from the original on 20 June 2018.
  6. "Calixto Ortega Sánchez será el nuevo presidente del Banco Central de Venezuela". NTN24. 19 June 2018.
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