Director General of the Escuela Superior de Economía y Negocios (ESEN), the leading undergraduate institution of El Salvador in the business, economics and law fields. He was president of the country's Central Bank from 1999 to 2002 during the country's successful move towards dollarization. Former governor at the International Monetary Fund, the World Bank, IADB and CABEI, he is currently on the Board of Directors for FUSADES (the Salvadorian foundation for economic and social growth), Banco Agrícola and Estrategia y Negocios. He is a founding member of América Libre Institute and the Instituto de Economía Aplicada (IDEA), two recently created think tanks. He holds a BA from Rice University and a Licenciatura and Master's Degrees from Pontificia Universidad Católica de Chile.