Colombian central bank appoints Uribe for new term

Colombia’s central bank board appointed José Dario Uribe as its general manager for a final four-year term.

Uribe, 53, has worked at the central bank since 1993, and has led the institution since 2005. He received his doctorate in economics from the University of Illinois at Urbana-Champaign, where he studied alongside Brazilian central bank president Alexandre Tombini.

Under Uribe, the central bank’s biggest achievement has been to reduce inflation to the mid-point of its target range, and anchor inflation expectations at that level, central bank co-director Cesar Vallejo said.

Source: Bloomberg