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Oversight board member José Ramón González steps Down – Caribbean Business


By on August 4, 2020

Fiscal board member José Ramón González (Juan J. Rodríguez / CB)

SAN JUAN – After almost four years of service as a member of the Financial Oversight and Management Board for Puerto Rico, José Ramón González announced Tuesday that he has informed the White House that he “will not be available to continue holding over in his current appointment beyond ”Aug. 31., as put in a release by the fiscal panel.

“ Being selected as a member of the Oversight Board has been a great honor and serving has been an exceptional experience and privilege, ”said González, who was appointed to the board on Aug. 31, 2016. “Working side by side with my fellow Board members, who have been committed, despite all challenges, to fix Puerto Rico's fiscal deficiencies and restore confidence among the people, businesses and capital markets, was an extraordinary opportunity to make a real difference and contribute to a better future for Puerto Rico, my home. ”

The release adds that González will also not “be available for re-nomination to a second term as member” of the board.

“I committed to serve for a term of three years, yet the Oversight Board will conclude its fourth year in a few days. We have not accomplished all the Oversight Board needs to accomplish, or even all I was hoping to accomplish. But in those four years we have taken significant steps forward on a path toward recovery. It is time for a new Oversight Board to continue on this path and fulfill the mandate of PROMESA, ”or the Puerto Rico Oversight, Management, and Economic Stability Act.

“ I am grateful to President Obama and the Congressional leadership for the opportunity to serve Puerto Rico. I am also proud of the team of professionals at the Oversight Board, most of them Puerto Ricans, who have been working very hard from day one to get Puerto Rico out of bankruptcy, and to open a new and better chapter for future generations, ” González added.




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