Central Bank Governor to Demit Office in September

Glenford Ysaguirre

The tenure of Glenford Ysaguirre as Governor of the Central Bank of Belize comes to an end in September when his contract expires.  Ysaguirre, who assumed the post in 2008, told News Five today that he will not be renewing his terms of employment.  During his term in office, he played a critical role as part of the Super Bond negotiating team in 2012.  He has also been instrumental in spearheading Belize’s position where it concerns the issue of correspondent banking.  While Ysaguirre demits office next month, a successor is yet to be officially named, but there is word that he is to be replaced by former minister and FIU Director Joy Grant.