Héctor Valdez Albizu
| Héctor Valdez Albizu | |
|---|---|
| Salary |
RD$ 1,112,665 monthly (2016) (US$ 24,250 monthly) |
| Net worth | RD$ 66,801,810 (2012) (US$ 1.7 million) |
| Governor of the Central Bank of the Dominican Republic | |
|
Assumed office 17 August 2004 |
|
| Vice Governor | Clarissa de la Rocha de Torres |
| Preceded by | José Lois Malkún |
|
In office 16 August 1994 – 16 August 2000 |
|
| Vice Governor | Luis Manuel Piantini Munnigh |
| Preceded by | Mario Read Vittini |
| Succeeded by | Francisco Guerrero Prats‑Ramírez |
| Personal details | |
| Born |
Héctor Manuel Valdez Albizu 10 November 1947  Ciudad Trujillo (now Santo Domingo), Dominican Republic
|
| Citizenship | Dominican |
| Spouse(s) | Fior D'Aliza Altagracia Martínez Ramírez |
| Children | Héctor Manuel Valdez Martínez (b. 1989) |
| Mother | Ana Rita Albizu Reyes |
| Father | Héctor Manuel Valdez Guerrero |
| Relatives |
Siblings:
|
| Residence | Héctor Incháustegui Cabral Piantini, Santo Domingo |
| Alma mater | Autonomous University of Santo Domingo |
| Occupation | Central banker |
| Profession | Economist |
Héctor Manuel Valdez Albizu (born November 10, 1947) is the current Governor of the Central Bank of the Dominican Republic, a position he first held from 31 August 1994 through 16 August 2000, and again since 17 August 2004. He is also a well known economist and author of numerous works relating to economics.
Valdez Albizu is son of Ms. Ana Rita Albizu Reyes and Mr. Héctor Manuel Valdez Guerrero.
In 1971 Valdez received his bachelor's degree in Economics from the Autonomous University of Santo Domingo. Afterwards, he did post graduate work at the Institute of Social Studies, Universidad Católica de Chile in the center for Student Movements Relations Organization. His area of study was primarily related to the Social Aspects of Economic Development, Latin American University Reforms, and Landholding-Agrarian Reform from 1966 to 1967. He then left for Washington, D.C. to continue work at the International Monetary Fund Institute of Specialized Studies as a specialist in monetary policy, public finance and the design of monetary and financial Programs from 1974 to 1977. He finally returned to the Dominican Republic for further study and research at the Organization of American States, in the Central Bank and Advanced Studies Investigation Center.
Valdez began his career at the Dominican central bank (BCRD) in 1970 as a Technical Assistant in the Economic Research Department, occupying the position of Director of that department from 1984 through 1986. Since then he has held numerous positions in the bank, including: Assistant Manager, Monetary and Exchange Policy from 1986 to 1990; Advisor to the Monetary Board, 1987–1989; Representative of the Central Bank before the Administrative Board of the Banco de Reservas, 1991–1992; and Assistant General Manager from 1991 to 1993. On January 4, 1993 he was designated General Administrator of the Banco de Reservas, a position he occupied until August 31, 1994, when he was designated Governor of the BCRD. He was reconfirmed in that position in August 1996 by President Leonel Fernández, and was granted the rank of Cabinet Minister, occupying that position until August 16, 2000. Again, on August 16, 2004, President Fernández appointed him Governor of the BCRD. As a governor of the Central Bank, he has been Titular Member of numerous commissions established by Executive Order.
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