Weekly Report - 24 January 2013 (WR-13-03)

ECUADOR | New broom at central bank. Acting president Lenín Moreno swore in the new head of the central bank, Diego Martínez, this week. Martínez replaces Pedro Delgado, President Rafael Correa’s cousin, who tendered his resignation last December after admitting that he had lied about obtaining an economics degree in order to study for an MBA at the Incae Business School in Costa Rica 22 years ago. Delgado made the admission in response to accusations by the opposition. Martínez had been serving as deputy minister of planning and development.