Echavarría takes over at Central Bank of Colombia

Juan José Echavarría. Photo: Banco de la República, Guillermo Restrepo, Juan Sebastian Díaz y Andrés Mejía

On January 4, Juan José Echavarría took over as governor of the Central Bank of Colombia as José Uribe's 12-year governorship came to an end. Echavarría served as board member in the central bank between 2003 and 2013, working under both Uribe and his predecessor, Miguel Montoya.

"He is a well-trained, respected, orthodox economist with a distinguished track record of service in different private and public sector roles," says Alberto Ramos, managing director of Latin America economic research a