Mauricio García Araujo (7 July 1930 – 19 December 2012) was a Venezuelan economist who worked in both the private and public sectors. He was the president of the

Central Bank of Venezuela The Central Bank of Venezuela ( es, Banco Central de Venezuela, BCV) is the central bank of Venezuela. It maintains a fixed exchange rate for the Venezuelan bolívar and since 1996 is the governing agent of the Venezuelan Clearing House System ...

between 1987 and 1989 during the presidency of

Jaime Lusinchi Jaime Ramón Lusinchi (27 May 1924 – 21 May 2014) was a Venezuelan politician who was the president of Venezuela from 1984 to 1989. His term was characterized by an economic crisis, growth of the external debt, populist policies, currency dep ...

(1984-1989).

Early life and education

García Araujo was born on 7 July 1930 in

Maracaibo ) , motto = "''Muy noble y leal''"(English: "Very noble and loyal") , anthem = , image_map = , mapsize = , map_alt = ...

Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...

. In 1953, he obtained a bachelor's degree in economics and a master's in business administration, both from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

Public service

García Araujo was part of Central Bank of Venezuela board of directors between 1968 and 1974. After thirteen years, he was elected president of Central Bank of Venezuela (1987-1989). He was also a member of the board of directos of Petróleos de Venezuela, S.A (PDVSA) and

Corporación Venezolana de Guayana The Corporacion Venezolana de Guayana (CVG) is a decentralized state-owned Venezuelan conglomerate, located in the Guayana Region The Guayana Region is an administrative region of eastern Venezuela. History In the 1970s, after the proce ...

(CVG).

Private sector

García Araujo was a consultant for many boards of directors in different Venezuelan holding companies, such as Grupo Vollmer, Grupo Mendoza, Grupo Mercantil and as economical adviser to Hospital de Clinicas Caracas and

Electricidad de Caracas Electricidad de Caracas ( BVCEDC is the integrated electricity company for Caracas, Venezuela and surrounding areas, with more than 1 million connections. It was acquired by AES Corporation in 2000 and sold to the state-owned oil company PDVSA in ...

, an electricity distribution company. In 2007, Electricidad de Caracas became a government-owned company. After 1990, Garcia Araujo was known as an expert advising

family business A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingn ...

organizations in Venezuela. He gave

conferences within Venezuela and internationally.

Guild

García Araujo was president of Asociación Venezolana de Ejecutivos (AVE) between 1966 and 1968, and a founding and active member of the

corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions th ...

committee in the same institution. AVE is an institution that promotes training and education for Venezuelan managers.

Academic institutions

In 1961, he was a founding member of

Institute of Advanced Studies in Administration An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can ...

(IESA) in

Caracas Caracas (, ), officially Santiago de León de Caracas, abbreviated as CCS, is the capital and largest city of Venezuela, and the center of the Metropolitan Region of Caracas (or Greater Caracas). Caracas is located along the Guaire River in the ...

. He was a professor at Universidad Rafael Urdaneta in

Maracaibo ) , motto = "''Muy noble y leal''"(English: "Very noble and loyal") , anthem = , image_map = , mapsize = , map_alt = ...

and the founder of

Andres Bello Andres or Andrés may refer to: *Andres, Illinois, an unincorporated community in Will County, Illinois, US *Andres, Pas-de-Calais, a commune in Pas-de-Calais, France *Andres (name) *Hurricane Andres * "Andres" (song), a 1994 song by L7 See also ...

Fellowship at

Oxford University Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

Works

* * * Mauricio García Araujo, ''The impact of petrodollars on the economy and the public sector of Venezuela'', Latin American Studies Association, National Meeting, 1982. * *

References

External links

Asociación Venezolana de Ejecutivos (AVE)
{{DEFAULTSORT:Araujo, Mauricio Garcia 1930 births 2012 deaths Presidents of the Central Bank of Venezuela Columbia Business School alumni 20th-century Venezuelan economists