September 10, 2019 / 12:22 PM / 6 months ago

Colombia names new central bank board member

BOGOTA (Reuters) - Economist and former International Monetary Fund official Roberto Steiner will join Colombia’s seven-member central bank board, President Ivan Duque said on Tuesday.

Steiner replaces Juan Pablo Zarate, who is leaving the board to serve as the vice-minister of finance and public credit.

Steiner, 60, spent some of his early career at the central bank, rising to director of its research department after getting masters degrees in economics from Columbia University in the United States.

His appointment was announced by Duque in an early morning post on Twitter.

Steiner has directed research institute Fedesarrollo and served as an alternate executive director at the IMF, as well a professor at universities in Colombia and abroad.

He has also consulted for the Inter-American Development Bank, the World Bank and other organizations.

Reporting by Carlos Vargas and Julia Symmes Cobb; Editing by Nick Zieminski

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