No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica Bank CEO Steps Down Early

Costa Rica Bank CEO Steps Down Early

Banco de Costa Rica’s CEO resigned this week after four and a half years in the position, but with two years remaining on his contract.
Carlos Fernández stepped down to pursue various professional, familial and personal projects, according to a statement released by the bank’s board of directors.
The statement said there was no animosity between Fernández and the board and quotes board President Víctor Emilio Herrera saying that “thanks to (his) efforts, today the Banco de Costa Rica is one of the largest and most successful banks in the country, with a definite profile and excellent financial results.”
Assistant Manager Mario Rivera will serve as interim CEO while the board seeks a replacement, the statement said.
 

Trending Now

Costa Rica Electricity Market Reform Faces Collapse After PLN Reversal

The National Liberation Party has announced it will vote against Costa Rica’s proposed electricity market harmonization bill, a decision that effectively blocks one of...

World Cup Set to Become Biggest Betting Event Ever

Global betting revenue for the upcoming World Cup is likely to be "in excess of $50 billion", betting expert Darren Small told AFP, for...

Costa Rica Targets Canadian Tourists With First-Ever F1 Promotion

Costa Rica promoted itself as a tourism destination at an official Formula 1 race for the first time in its history this past weekend,...

Costa Rica Expands Airport With New VIP Lounge

Costa Rica’s Guanacaste Airport in Liberia is moving ahead with a major modernization program aimed at improving passenger service, expanding capacity, and strengthening the...

Costa Rica Tornado Tears Roofs Off Homes in Grecia; Three Rescued, Red Cross Says

Residents of Grecia, in the province of Alajuela, captured video on Saturday afternoon of a tornado-like whirlwind tearing through their neighborhood, ripping roofs from...

Costa Rica Coffee Culture and the Surprising Numbers Behind It

I just read a statistic that I find difficult to believe. According to worldpopulationreview.com, Hong Kong consumed a heart-racing 43 kilos of coffee per...

Costa Rican Boxing Star Yokasta Valle Eyes Another World Title

Costa Rican boxing star Yokasta Valle will return to the ring Saturday, May 30, with a chance to add another major belt to one...

Keylor Navas Leads Pumas Into Liga MX Final Second Leg

Keylor Navas has Pumas UNAM one match from the Liga MX title after delivering the kind of performance Costa Rican fans have watched for...

Drought Fears Grow as Costa Rica Water Megaproject Falls Behind

Guanacaste is heading into another period of water uncertainty as Costa Rica’s long-promised PAACUME water project remains far behind schedule, four years after the...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel