New Governor of the Central Bank of Belize appointed

New CBB governor, Mr. Sydney Campbell

Saturday, September 27, 2003

BELMOPAN, Belize: Belize's government of Said Musa has named its deputy governor of the Central Bank as the new governor. He is Mr. Sydney Campbell, a Florida International University alumnus, who has served the Bank in various capacities over the past 22 years. 

The outgoing governor is Mr. Jorge Meliton Auil. Mr. Auil, according to a government statement, will stay on in his capacity as Board chairman, "providing continuity for present policy implementation and enhancing the bank's capacity to drive economic development with sound monetary policy and strong financial sector supervision."

Recent legislative changes require the chairman and governor positions to be filled by two different individuals. The new deputy governor will be Mr. Marion Palacio, who will be promoted from economist/ statistical analyst at the Bank. 

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