Friday, August 18, 2017

Puerto Rico Senate confirms Prepa, OCIF nominees

By on August 11, 2017

SAN JUAN – The Puerto Rican Senate has confirmed five Gov. Ricardo Rosselló nominees to his cabinet.

On the last day of the Legislative Assembly’s extraordinary session, the Senate approved the appointments of Erroll Davis Jr. and Rafael Díaz Granados as members of the Puerto Rico Electric Power Authority (Prepa) Government Board.

The Senate also confirmed George Joyner as Financial Institutions (OCIF by its Spanish acronym) commissioner, Eduardo Rosemena Muñoz as chairman of the Institute of Puerto Rican Culture (ICP by its Spanish initials) and Ricardo Palléns Cruz as an associate member of the Environmental Quality Board (EQB).

Davis, an engineer who previously was a members of the Prepa board, is a member of several other boards including General Motors and Union Pacific and is in the Institute of Nuclear Power Operations’ advisory board. He recently served as chairman of Alliant Energy Corp.’s board, and was a previous member of several boards including Amoco, British Petroleum, PPG Industries and Wisconsin Power & Light.

Díaz, an attorney who also served in the electric utility board was chief commercial officer for GE Latin America and served as president and CEO for GE Mexico, and GE Spain and Portugal. Before GE, he served in the U.S. Securities and Exchange Commission. He has also served as a member of the U.S. Chamber of Commerce of Mexico, as well as being a member of Mabe Corporativo de México’s board.

Governor renames 2 members to Prepa governing board

Meanwhile, Joyner was the executive director of the Puerto Rico Housing Finance Authority from 2009 to 2012. He later served as a consultant at George Joyner Consulting LLC.

The new head of the ICP, Rosemena Muñoz is a native of Ecuador and served as associate attorney at the firm Fiddler, González & Rodríguez. Later on, from 2009 until 2012, he served as assistant secretary for services at the State Department; from 2012 to 2014 he served as assistant prosecutor in the Justice Department’s Extradition Unit; and since January 2015 has been vice president of University Relations and Development of Universidad del Sagrado Corazón.

The EQB’s Palléns Cruz served as a financial compliance officer at Banco Popular of Puerto Rico, and has been practicing law since 2013.

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