Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

People

Dec 1, 2001

Peru's Toledo Appoints New Comptroller
Genaro Matute has been named the new comptroller of Peru. Matute is a friend and former business school colleague of President Alejandro Toledo. Matute will be responsible for keeping the state's financial books and monitoring public spending. A congressional committee narrowly approved Matute to the seven-year post, by a vote of 13 to 11. Opponents say he lacks a university degree and experience, which Matute denies, and was nominated because of his relationship with the president. But supporters say Matute, who is dean of the Superior School for Business Administration in Peru, where Toledo used to teach, met the legal and professional criteria for the job. Shortly after he was elected, Toledo promised to allow the opposition to appoint a new comptroller. Matute replaces Carmen Higaona, a friend of former President Alberto Fujimori, who was dismissed from her post by legislators who claim she...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management