Chile appoints Corbo as new central bank president

Vittorio Corbo has been named the new president of the central bank of Chile. The decision made by Chilean President Ricardo Lagos comes after Corbo's appointment to the Board of the central bank in early April.

Source: Reuters

Chilean President Ricardo Lagos on Thursday appointed prominent economist Vittorio Corbo as president of the scandal-hit Central Bank, effective May 1, Finance Minister Nicolas Eyzaguirre said.

Corbo, a former World Bank consultant with a doctorate from M.I.T, is politica