Ecuador rounds out new financing team

Ecuador rounds out new financing team

Economy & Policy Corporate & Sovereign Strategy Ecuador Capital Markets

Ecuador's President Guillermo Lasso has named Diego Burneo as the new deputy minister of finance and Luis Fierro as deputy minister of economy, rounding out the team under the new minister Simón Cueva.

Burneo was the head of BIESS, the state-run banking division of Ecuador's social security administration, from 2020 to 2021. He was also the head of international financing at the financial advisory firm Finanrec, part of SigloCorp, in 2017. Fierro, meanwhile, worked at the Inter-American Development Bank (IDB) for 17 years.

Lasso took office om Monday and named Cueva to lead the economy and finance ministry.