Pedro Delgado Campaña
Pedro Delgado Campaña | |
|---|---|
| Born | November 10, 1962 Ecuador |
| Occupation(s) | Politician, financial official |
| Years active | 1990s–2012 |
| Known for | President of the Central Bank of Ecuador (2011–2012) |
Pedro Delgado Campaña (born November 10, 1962) is an Ecuadorian figure prominent in both political and financial spheres. He served as President of the Central Bank of Ecuador from November 2011 until his resignation in December 2012. Additionally, he is related as a second cousin to former Ecuadorian President Rafael Correa.
Throughout his career, Delgado occupied significant positions within Ecuador’s financial institutions, including Risk Manager at the National Financial Corporation (CFN) during the administrations of Presidents Abdalá Bucaram and Jamil Mahuad, as well as serving as the National Superintendent of Financial Institutions. His professional activities also involved collaboration with international entities such as the Inter-American Development Bank, the World Bank, and the International Monetary Fund.
Delgado’s leadership at the Central Bank concluded unexpectedly in December 2012 after he stepped down following revelations that he had falsified his economics degree from the Pontifical Catholic University of Ecuador. This controversy further resulted in the annulment of his master’s degree awarded by INCAE Business School.
In 2015, he was convicted in absentia and sentenced to eight years imprisonment for embezzlement connected to an unauthorized $800,000 loan extended to Argentine businessman Gastón Duzac during Correa’s administration. Subsequently, in 2019, Ecuador’s National Court of Justice imposed a five-year sentence on him for illicit association and mandated reimbursement of nearly $788,000.
After absconding from Ecuador in 2012, Delgado remained at large until his detention by U.S. Immigration and Customs Enforcement (ICE) in Miami on August 27, 2021, on charges related to immigration violations.