Luis Abinader ratifies Héctor Valdez Albizu as Governor of the Central Bank
The President of the Dominican Republic, Luis Abinader, has reaffirmed his confidence in the current leadership of the Central Bank by confirming Héctor Valdez Albizu as governor of the entity. The measure was made official through Decree 575-26, issued this August 19, 2026, ensuring continuity in the management of the country’s monetary and exchange rate policy.
Alongside Valdez Albizu, the president ratified Clarissa de la Rocha in her role as vice-governor. This decision, taken under the constitutional powers that grant the Executive Branch the authority to appoint officials, seeks to maintain the institutional stability and technical management that has characterized the entity in recent years.
Legal framework and institutional continuity
The ratification is based on the provisions of the Monetary and Financial Law, which stipulates that the positions of governor and vice-governor of the Central Bank have two-year terms, with the possibility of being renewed by the incumbent president. This appointment reinforces the Government’s commitment to the autonomy and legal personality held by this public institution.
- Governor: Héctor Valdez Albizu confirmed for a new term.
- Vice Governor: Clarissa de la Rocha ratified in her position.
- Legal basis: Decree 575-26 and article 128 of the Dominican Constitution.
- Scope: The decision has been communicated to the Monetary Board, the Chamber of Accounts, and the Comptroller General of the Republic.
Valdez Albizu’s tenure at the head of the Central Bank guarantees constant monitoring of economic variables, from inflation and interest rates to the strengthening of the national financial system in the face of global challenges.
Track record and economic stability
Héctor Valdez Albizu has a long career at the head of the monetary authority, leading the institution through various economic scenarios, including periods of sustained growth and moments of high international inflationary pressure. His management has been key to maintaining price stability and fostering a favorable environment for productive sectors and Dominican households.
With this ratification, the Central Bank’s management team maintains its focus on the execution of policies that preserve liquidity and control interest rates, which are essential elements for the functioning of the Dominican economy within the current framework.
