Banco Del Pacifico Appoints Quiroz Executive President.GUAYAQUIL, Ecuador--(BUSINESS WIRE)--Aug. 13, 1998--Banco del Pacifico S.A. Grupo Financiero (PCF PCF - A simply typed, functional language. ["Fully Abstract Translations Between Functional Languages", J. Riecke, 18th POPL, pp. 245-254 (1991)]. ["LCF Considered as a Programming Language", Theor CS 5:223, 1977]. ED) announced today that Arturo Quiroz was appointed Executive President at the General Shareholders' Meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. held Aug. 11, 1998. During the meeting, deep regret was expressed at the passing of the late Executive President, Marcel J. Laniado, who was named Honorary Founding President of the Bank in recognition of his endeavors and accomplishments. Quiroz brings 37 years of banking experience during which he has served with institutions that included Banco de Chile The Banco de Chile (Chile Bank), is the second biggest banking group of Chile, behind the Banco Santander Santiago followed by the BBVA Chile. Founded the 28 of October of 1893 by the fusion of the banks of Valparaiso (1855), National of Chile (1865) and Agriculturist (1869). and Banco del Pacifico. He was also Chief Executive Officer of Banco COFIEC. In addressing the assembly, Quiroz stressed the commitment of the Bank's international shareholders in cooperating with management's efforts to strengthen Banco del Pacifico's position in the financial system of Ecuador and other counties where it is active. Quiroz also said that the Bank will persist in Verb 1. persist in - do something repeatedly and showing no intention to stop; "We continued our research into the cause of the illness"; "The landlord persists in asking us to move" continue its role as one of the principal promoters of economic development in Ecuador. In addition, Joaquin Bohorquez and Hurdle Lee III were appointed Principal Directors. Francisco Kozhaya now serves as Chairman of the Board following the resignation of Luis Alberto Moreno Luis Alberto Moreno (born May 3,1953) is a Colombian diplomat and journalist. He was elected president of the Inter-American Development Bank in July 2005. Moreno was appointed to be Colombia’s Ambassador to the United States in September 1998 by President Andrés Mejia on July 31 to join the new Government of Colombia as Ambassador to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .
CONTACT: Banco del Pacifico, Guayaquil
Juan Carlos Pitarque, 011-5934-562-413
or
Georgeson & Company, New York
Peter Firestein, 212/440-9889
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