Nelson Ortiz

Nelson Ortiz is the President of Venezuela’s Council for Investment Promotion, Vice- President of the Venezuelan Professional Base ball League, and a member of the board of directors of some of Venezuela’s largest private corporations as well as several educational, cultural and charitable organizations. He is also member of the Dean’s Council at the JFK School of Government at Harvard University, member of the Task Force of Harvard University Initiative to Promote Governance in the Middle East, member of the Advisor Board of the President of the Interamerican Development Bank for Private Sector Issues and a member of the Group of Fifty. From November 2000 until April 2007 he was the President of the Caracas Stock Exchange and Vice- President of Caja Venezolana de Valores.

From 1992 to 1998 he was an advisor to the Latin America Investment Banking Division at Bankers Trust, N.Y. Previously he spent almost 17 years at the Central Bank of Venezuela in various positions, including the last four as the Presdient’s chief of staff. On two occasions during his career at the Central Bank he was called to serve as Technical Secretary of The Economic Cabinet of Venezuela.   Mr.Ortiz was also the Coordinator of Venezuela’s relations with the Multilaterial Financial Institutions and member of the external debt restructuring team for the Brady Plan. He twice chaired the committee of the Board of Governors of the Interamerican Development Bank. Also he has been a consultant in macroeconomic and financial policies for the governments of Guatemala and Dominican Republic.

Mr. Ortiz is a frequent lecturer on finance and economics in Venezuela and abroad and regularly teaches a graduate curse in financial economics. Recently he has been doing research on the relationship between business and government in Venezuela and its impact on political instability. The results was published as a chapter in a book on Venezuelan politics edited by Jennifer McCoy of The Carter Center and David Myers of Penn State University. In 1985 his work won the Central Bank award for the best economic research of the year. 

Mr. Ortiz is an economist graduate (1978) from Caracas’s Universidad Católica Andrés Bello, and holds both an MA in International Economics from Yale University (1981) and an MPA from Harvard University (1983). In 1979 he was also a trainee at J.P. Morgan in New York focusing on money and foreign exchange markets. He is married and has two children.