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Ecuadorian central bank’s general manager resigns

Avellán leaves post year and a half ahead of schedule to ‘take on new professional challenges’

Central Bank of Ecuador museum
The Central Bank of Ecuador
Rachael King

Guillermo Avellán has resigned as general manager of the Central Bank of Ecuador (BCE), a year and a half before his term had been due to expire.

Avellán announced his departure, effective immediately, on social media on December 2. The central bank released a statement several hours later, saying it had accepted his resignation request, which it said he had submitted on November 27.

“After four and a half years at the BCE, the time has come to take on new professional challenges with the same

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