US EditionVenezuela Central Bank Chief Resigns, VP Perez to Take Over
The move came 48 hours after U.S. sanctions relief unlocked about $1 billion in frozen oil revenue and restored SWIFT access.
- Acting President Delcy Rodríguez announced Thursday that Laura Guerra Angulo resigned as BCV president and was replaced by Vice President Luis Pérez, a career central bank technocrat, marking the institution's most significant leadership change in years.
- On Tuesday, OFAC issued General License 57, lifting sanctions on the BCV and three state-owned banks, unlocking approximately US$1 billion in frozen oil revenue and reconnecting Venezuela to SWIFT as Treasury Secretary Scott Bessent endorsed IMF reintegration.
- Guerra, a relative of Nicolás Maduro's son who led the BCV since April 2025, faced criticism from economists at Econalítica and CNN as incompatible with IMF institutional independence; Pérez brings deep knowledge of macroeconomic policy accumulated since joining the BCV board in April 2025.
- Rodríguez instructed Pérez to "assume his functions under the rigor contemplated by law," signaling awareness of the credibility test ahead; Economist Pedro Palma, a former BCV official, said the institution needs genuine autonomy, not just a personnel swap.
- Achieving the 12% GDP growth projection for 2026 depends on sustained institutional reforms, as Venezuela closed 2025 near 500% annual inflation and must fund a promised minimum wage increase on May 1 through oil revenue rather than money printing.
19 Articles
19 Articles
Venezuela Replaces Central Bank President Days After Sanctions Lifted
Key Points — Acting President Delcy Rodríguez announced Thursday that Laura Guerra Angulo — a Maduro family relative who had led the BCV since April 2025 — resigned and was replaced by Vice President Luis Pérez, a career central bank technocrat — The leadership change came just two days after OFAC General License 57 lifted […] The post Venezuela Replaces Central Bank President Days After Sanctions Lifted appeared first on The Rio Times.
The former sister-in-law of Venezuela's deposed president, Nicolás Maduro, resigned from the presidency of the Central Bank of Venezuela (BCV) after the United States relaxed the sanctions against the issuing entity, informed President Delcy Rodríguez on Thursday. Negotiations with the United States: Son and grandchildren of former Cuban president Raúl Castro take prominent positions 7 in 10: Majority of Venezuelans in Brazil do not intend to re…
Delcy Rodríguez Announces New President of the Central Bank of Venezuela Following Laura Guerra’s Resignation
Nicol s Maduro's excua ada renounces the presidency of the Central Bank of Venezuela after the US flexibilizes the sanctions.
Delcy Rodríguez announced Thursday the change of direction in the Central Bank of Venezuela after weeks of pressure to do so. The president of the entity, Laura Guerra Angulo, aunt of Nicolás Maduro Guerra, the son of the deposed president Nicolás Maduro, resigned this Tuesday to his post leaving way for his vice president Luis Alberto Pérez González. Pérez’s interim depends on his ratification in the National Assembly, of Chavista majority. Con…
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