Guillermo Lasso, exbanquero seeking the Presidency of Ecuador

After 42 years of working in the banking sector, renounces in 2012 the Executive Presidency of Banco de Guayaquil to lead the movement (I think). | Photo: Reuters

The exbanquero, who for nearly 20 years presided over the local Banco de Guayaquil, lost in presidential elections held on February 17, 2013 before Correa, who was re-elected for a third term with 57,17 percent of the vote. Lasso came in second with 22.68 percent of the votes.
Middle class to Fortune Guillermo Lasso won monthly in 2014 the equivalent of 2.410 workers pay. 
A 12 page research reveals that in 2003, when Lasso was President of the terrestrial Terminal Foundation of Guayaquil, he declared a heritage of $ 12 million and out of the institution, in 2009, the figure amounted to 4.5 times, to more than $ 54 million.
A year before the called holiday banking, in 1999, the fortune of Lasso was of 1 million of dollars, during the worst crisis financial of the history Ecuadorian.
How did you do it? Learn about his career: Guillermo Lasso is the youngest of 11 children in a middle class family, he obtained his first part-time job at age 15 in Bolsa de Valores de Guayaquil. He studied three semesters in the Faculty of Economics of the Catholic University of Quito, held a diploma in business administration at the Business Development Institute (SDI), and in 2011 the University of the Americas was awarded the title of Doctor Honoris Causa.

Guillermo Lasso but not graduated as an Economist was Manager of the Procrédito Ecuador Bank, subsidiary of the bank financial credit created in Panama in 1977 by the spouse of his sister María Eugenia Lasso, Danilo Carrera Drouet. At age 29, he was appointed Executive Chairman of this organization, later called Finansur.
Finansur merged with Banco de Guayaquil in 1989 and Lasso held the Executive Vice President of the Bank, and in 1994 he was appointed President and CEO of the institution.
Lasso as well as being at the forefront of senior positions in the world of banking and finance, was also President of the Foundation Terminal Terrestre de Guayaquil, Governor of Guayas and super-Minister of economy, during the Government of Jamil Mahuad in 1999.
Of banker to super-Minister of economy the 10 of August of 1998 Guillermo Lasso was appointed by the former President Jamil Mahuad Governor of the Guayas, charge that worked until the 17 of August of 1999. During his tenure, it appeared as a repressor of Union protests in the provinces, in which appears the arrest of the Mayor of canton Colimes, Walter Quijije, accused of illegally closing routes during a strike.

style = “text-align: left;” > In the month of October of 1998 were detained 103 people more by order of Lasso, between them to Orly Oyague, who was President of the Federation medical, by lead a strike by the delay in the payment of their salaries since 1997.

The 17 August 1999–during the Government of Jamil Mahuad – Guillermo Lasso assumes the position of super-Minister of economy, to coordinate the actions of the ministries of finance and energy, in which there was a serious financial crisis that plunged the country in unemployment and inflation.
The crisis led to thousands of Ecuadorians to emigrate in search of better life opportunities. 

Mahuad besieged by an adverse economic and social scenario ruled dolarizating the economy of the country, adopting the US dollar as legal tender in replacement of the sucre, the local currency.
On September 24, 1999, just with one month in office, Lasso presented the irrevocable resignation in charge, disagreement with the decision of Mahuad declared a moratorium on the payment of part of the external debt in Brady bonds.
Guillermo Lasso was appointed in 1994 Member of the Bank Board (public body) and chaired by the Presidency of the BG, President of the Association of banks in 1993.
He participated on the Board of Alberto Dahik on the approval of the General Law of financial institutions that allow the liberalization of financial markets, promulgated in May 1994, liberalized interest rates and allowed the free movement of capital and the increase in related loans, which proliferated uncontrollably. This gave way to the holiday banking in Ecuador.

El Universo-1998 in 2003, under the Government of Lucio Gutiérrez served as a “Roving Ambassador”, a charge from which negotiated with the United States and the IMF loan by $ 200 million in Exchange for a substantial decrease in public and social spending that has led to an increase in the price of fuels, reduction of subsidies for gas and electricity the freezing of salaries and retirement pensions and the mass dismissal of civil servants.

However, it was recognized by the Inter-American Development Bank (IDB) in 2010 for that project financial Bank of the neighborhood, as the largest banking of Latin America “project”.
The lucky exbanquero that wants the Presidency then 42 years of working in the banking sector, resignation in 2012 the Executive Presidency of Banco de Guayaquil to lead the movement creating opportunities (I think), that it would lead him to participate in the presidential elections of February 17, 2013 who lost to Correa, who was re-elected for a third term with 57,17 percent of the vote.
For this election, Lasso is presented as the ‘change option’, said, compared to a model “correista” which, in his view, has not worked.
His proposal is focused on reducing poverty and generating “a million jobs in four years” through support for entrepreneurship.
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