Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Ferrer Named to Head Puerto Rico’s Government Development Bank

Dec. 11 (Bloomberg) -- Javier D. Ferrer has been named the next president of the Government Development Bank for Puerto Rico, the commonwealth’s financing arm, according to a spokesman for Governor-elect Alejandro Garcia Padilla.

Ferrer, a corporate lawyer at Pietrantoni Mendez & Alvarez LLC in San Juan, will help oversee the commonwealth’s debt issuance. The Havana native graduated from Harvard University in 1983 and earned a law degree at Boston College in 1986, according to a bio on the website of his firm.

Jesus Manuel Ortiz, the spokesman for Garcia Padilla, confirmed the appointment in an interview. Ferrer will take over from Juan Carlos Batlle, who will leave the post when the new administration takes over Jan. 2.

Garcia Padilla, a member of the Popular Democratic Party, defeated Governor Luis Fortuno in last month’s election.

Link to Company News:{STOPR1 US <Equity> CN <GO>}

To contact the reporter on this story: Michelle Kaske in New York at mkaske@bloomberg.net

To contact the editor responsible for this story: Mark Tannenbaum at mtannen@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.