Costa Rican Gisela Sánchez will take the reins of the Central American Bank for Economic Integration (BCIE), after being elected as the new executive president by the Assembly of Governors this Friday.

Sánchez will be the first woman to lead the entity in a period that starts on December 1 of this year until December 1, 2028. The new president will replace Dante Mossi, who will be due for the term on November 30.

“I faithfully believe that when women have the possibility of working hard, we do it and we do it with excellence to make way for other women,” Sánchez said.

The new president assured that during her term she will focus on ethics and transparency, which she called cornerstones to strengthen compliance and risk control processes so that the funds are used correctly.

Sánchez also commented that he will strengthen governance, manage permanent account performance, rigor and technical criteria in such a way that the Governors have the most correct information in order to make the best decisions.

Gisela Sánchez is an industrial engineer and a master’s degree in Business Administration. He has held the presidency of the Costa Rican-North American Chamber of Commerce (Amcham), the Corporate Relations Directorate of Florida Ice & Farm Company (Fifco), the regional Corporate Relations Directorate of BAC, among other positions.

The ICESB is made up of three groups of 15 partner countries: five founding countries, which correspond to Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica; three non-founding regionals, which are the Dominican Republic, Panama and Belize; to which are added Mexico, Taiwan, Argentina, Colombia, Spain, Cuba and South Korea as extra-regional countries.