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Julio Suárez

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Julio Roberto Suárez Guerra
President of the Bank of Guatemala
Assumed office
1 October 2014
Preceded byEdgar Barquín
Personal details
Alma materUniversidad de San Carlos de Guatemala

Julio Roberto Suárez Guerra is a Guatemalan banker. He serves as President of the country's central bank, the Bank of Guatemala since 1 October 2014.[1]

Career

Suárez obtained a degree from the Universidad de San Carlos de Guatemala.[2]

From 2002 to 2005 Suárez worked for the Central American Bank for Economic Integration.[1] Suárez also worked as the Guatemalan representative to the International Monetary Fund.[2]

Suárez served as Vice President of the Bank of Guatemala from 2006 until his appointment as President.[1] He succeeded Edgar Barquín.[2]

On 20 May 2015 Suárez was arrested together with fifteen others on accusations of fraud, illegal charging of commissions, illicit association and influence peddling.[3][4] Suárez himself was accused of fraud.[3] The accusations were linked to the awarding of a contract to the Empresa Farmaceútica Pisa de Guatemala with services to the Guatemalan Social Security Institute, in which the accused were suspected of receiving kickbacks.[4]

References

  1. ^ a b c "Julio Suárez appointed next Bank of Guatemala President". Central Banking.com. 22 September 2014. Retrieved 23 May 2015.
  2. ^ a b c Michael D. McDonald (18 September 2014). "Julio Suarez Picked to Lead Guatemala's Central Bank". Bloomberg Business. Retrieved 23 May 2015.
  3. ^ a b "Caso IGSS: 17 capturas, entre ellas la del Presidente del Banguat" (in Spanish). Soy 502. 20 May 2015. Retrieved 25 May 2015.
  4. ^ a b Jude Webber (21 May 2015). "Guatemala's central bank chief arrested". Financial Times. Retrieved 23 May 2015.