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Leadership appointments and BCRP ratification in Peru

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-04 00:36 UTC → 2026-09-09 05:41 UTC · added removed

The Peruvian executive branch has finalized its appointments to the board of the Banco Central de Reserva del Perú (BCRP). Through Supreme Resolution No. 250-2026-PCM, President Keiko Fujimori and the Council of Ministers appointed Luis Miguel Palomino Bonilla, Inés Marylin Choy Chong, and Gustavo Adolfo Yamada Fukusaki to fill the executive's four seats on the seven-member board. By August 13, 2026, these three directors were formally sworn in for the 2026-2031 term. Following these developments, the Executive officially appointed Julio Velarde Flores as the president of the BCRP board. This designation marks Velarde’s fifth term leading the institution; he has held the position since 2006 and is required to undergo Senate ratification under the Peruvian Constitution and the BCRP’s organic law. As of early On September 9, 2026, the Special Procedures Commission of the Peruvian Senate is scheduled to vote on approved a technical report regarding his ratification by September 9. recommending Velarde’s ratification. The commission’s decision, consisting of nine votes in favor, two against, and one abstention, follows statements from Commission Chair Hugo Ccahuana Aymachoque that Velarde meets all legal requirements and possesses the necessary professional experience. The report now proceeds to the Senate Plenary for a final vote, which requires a favorable vote from more than half of the Senate's legal members. During recent appearances before the Senate's Special Procedures Commission, Senate, Velarde addressed exchange rate volatility and volatility, expressed opposition to government proposals to remove removing interest rate caps. He also caps, and announced the upcoming launch of TAPP (Automatic Peruvian Payment Transfers), a centralized retail payment platform inspired by India's UPI, which aims to foster competition and financial inclusion by integrating fintechs, digital wallets, and traditional banks into a single payment rail. Additionally, Velarde Transfers). He also raised concerns regarding the rise of the illegal gold trade, noting that informal exports reached approximately $12 billion in 2025. In a separate leadership development, César Alfonso Luna Victoria was sworn in as the new National Superintendent of Customs and Tax Administration (Sunat).

Versions

  1. 2026-09-09 05:41 UTC Leadership appointments and BCRP ratification in Peru
  2. 2026-09-04 00:36 UTC Leadership appointments and BCRP ratification in Peru
  3. 2026-09-02 18:56 UTC Leadership appointments in Peru's economic institutions
  4. 2026-08-24 01:15 UTC Leadership appointments in Peru's economic institutions
  5. 2026-08-13 19:56 UTC Leadership appointments in Peru's economic institutions

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