Pablo Sánchez appointed to lead Central Bank of Bolivia

Pablo Ramos Sánchez (right) sworn in by finance minister Luis Arce Catacora. Image: Central Bank of Bolivia

Pablo Ramos Sánchez was appointed by president Evo Morales to act as interim central bank president as Marcelo Zabalaga leaves the institution.

In 2010, Zabalaga was appointed interim bank president, with the central bank unaware of how long the president's term would be. The previous three heads served terms of two, 11 and two years respectively.

A new central bank law is currently in the pipeline, with amendments being made to various sections, according to the International Monetary Fund. It