Jaime Morales Carazo
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Jaime Morales Carazo
Jaime Rene Morales Carazo (born 10 September 1936) is a Nicaraguan politician who was the Vice President of Nicaragua between January 2007 and January 2012. Early life Born to Carlos A. Morales Casco and Anita Carazo Arellano in Granada, Nicaragua, he obtained a degree in Industrial Relations at the American Institute of Higher Business Management (IPADE-Universidad Panamericana, Mexico). Morales has been active in financial and business circles, entering politics after 1980. In the mid-1960s, he established the Nicaraguan Bank Group (BANIC), the first private banking investment and development firm in Nicaragua, which eventually became one of the largest of its kind in Central America. He also worked at the Institute for National Development (INFONAC) as a vice president. He also co-founded the Central American University (UCA) and its Faculty of Economics and Management, whose board he subsequently joined. He participated in the promotion of the American Institute of Busines ...
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Vice President Of Nicaragua
The vice president of the Republic of Nicaragua ( es, Vicepresidente de la República de Nicaragua, link=no) is the second highest political position in Nicaragua. According to the current Constitution, the vice president is elected on the same ticket, and at the same time, as the president. The salary of the vice president has been 3,100 USD per month. Deputy Chief of State 1826–1838 As in other countries of Central American Federation, also Nicaragua had ''Head of State'' and ''Deputy Head of State''. Deputy Head of State was first mentioned in the Constitution of 1826. The position had a great influence in important decision-making process of the Head of State. The position of Deputy Chief of State was removed in the Constitution of 1838. In case of vacancy in the presidency, a member of Senate would be elected to fill the vacancy. Vice President of Nicaragua The position of Vice President of the Republic has existed legally on four occasions: # During Liberal Constitution b ...
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