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Jan 14, 2011

Sir Manuel Esquivel head to the Central Bank

There is an unconfirmed report that a major shakeup is in the pipeline at the Central Bank of Belize. Multiple, credible sources say that Chairman of the Board of Directors of the Central Bank of Belize, Allan Slusher, who comes with substantial experience from the Caribbean Development Bank, is to be replaced by former Prime Minister, Manuel Esquivel. The news has caused some concern in banking circles, where the decision is viewed as a move designed to inject more politics into the decision-making of Board of Directors of the Bank. There is no other rationale, observers say, to explain why a competent banking professional like Slusher would be replaced by Esquivel.

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6 Responses for “Sir Manuel Esquivel head to the Central Bank”

  1. darren dunker says:

    why arent u ppl realizing what is happening u should be getting used to this by now

  2. Earl Grey says:

    At least we have SOMEONE WITH A BRAIN IN CHARGE………………….

  3. theEqualizer says:

    Who are these – hopefully competent – “observers” and others in “banking circles” that you speak about? Name them.

  4. Carlton says:

    The best selection for this position. Mr Esquivel is an economist and his economic policies will be favorable to the Belizean people. Regulation of the banks is hopefully at the top of his agenda. These banks are contributing to ” Hard Times” most belizeans face ; with their high interests on personal loans ,home loans etc

  5. Higher Level says:

    @ Calton… Mr. Esquivel is no economists- the man has a Masters Degree in Physics and used to teach physics at St. John’s College pre 1983. Besides being a physist by training, his performance as Minister of Fianance between 1993-1998 and his performance as Financial Advisor from 2008 to present illustrates that he is no economists.

  6. mark says:

    Carlton: I really don’t think you know what you are talking about. maybe you are a udp but this it not something to be taken lightly. this is our country and we can’t afford costly mistakes. Also, the hard times we are facing is not from poor banking but the world economy failing< high home interest dont make life hard. lol

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