Puerto Rico Gov. Ricardo Rosselló named his chief economic advisor Christian Sobrino Vega as his non-voting representative on the Oversight Board.
Earlier Thursday morning the governor announced that Elías Sánchez Sifonte had resigned his position on the board.
“Sobrino Vega has been instrumental in the success of our administration to direct our fiscal plan and as the main economic development adviser of [the governor’s office of] La Fortaleza,” Rosselló said. “Undoubtedly, the lawyer Sobrino Vega will be present at the meetings of the board to ensure the best interests of the people of Puerto Rico.”
“My approach as governor Ricardo Rosselló Nevares’s representative to the fiscal supervision board will be to promote the economic development plan that is so urgent for the island,” Sobrino Vega said. “There can be no economic recovery without a concerted plan to encourage investment, create new jobs, and make Puerto Rico an ideal place to do business.”
Along with the new role and his position as chief economic advisor, Sobrino Vega is the president of the Government Development Bank for Puerto Rico. He will continue in all three roles.
Sobrino Vega was part of the team that put together the economic development part of Rosselló’s Plan for Puerto Rico, which the governor-elect created to guide his work as governor.
The non-voting position on the board, like the voting positions, is unpaid. In the role Sobrino Vega will explain and advocate for the governor’s positions.
According to the El Vocero news web site Sánchez Sifonte said that he had told the governor he would serve on the board through the approval of a fiscal plan and a first budget, things that have now happened.
“During the past six-and-a-half months, we had the opportunity to work very closely with Mr. Sánchez Sifonte,” said board president José Carríon III. “Elías was always available, committed and dedicated to represent with determination the governor’s postures before the board.”