March 1, 2006
The Dominican Republic's superintendent of banks, Rafael Camilo, discusses the challenges facing his country's financial institutions.
Rafael CamiloRafael Camilo has been the Dominican Republic's superintendent of banks since August 2004, when President Leonel Fernández appointed him to the job in the aftermath of a devastating financial crisis. An economist and longtime activist in the left-center Dominican Liberation Party, Camilo was director of planning in the previous 1996-2000 Fernández administration. Camilo, 57, talked with LatinFinance contributor Larry Luxner in his Santo Domingo office. Here are excerpts from that interview: LatinFinance: What have you been able to accomplish since becoming superintendent of banking?Rafael Camilo: When I arrived, there was lots of work to be done. Our fir