Local Expert profile
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Ruth Krivoy, Venezuela
Former Central Bank President

Ruth Krivoy is Venezuela’s leading economist and authority on the country’s political, monetary and fiscal dynamics. She is widely respected for the depth and integrity of her analysis, which are informed by her roles at the highest levels of government, academia and the private sector.

Ms. Krivoy is President of Síntesis Financiera, a Caracas-based consulting firm, and is Vice-Chair of the Toronto International Leadership Center for Financial Supervision. She is also GlobalSource’s local partner in Venezuela.

As President of the Central Bank of Venezuela during the early 1990s, Ms. Krivoy was instrumental in establishing the central bank’s independence. Her direction of monetary policy fostered confidence and stability in the midst of severe political and financial turbulence. In previous years, she had served as head of economic studies and as advisor to the President of the Central Bank.

In addition to her tenure at the Central Bank, Ms. Krivoy also participated in official government committees on state reform, external public sector debt reform and fiscal reform, and chaired the Venezuelan Presidential Commission on Industrial Competitiveness. She is currently an advisor to the Financial Stability Institute of the BIS, and is a member of the Latin-American Shadow Regulatory Financial Committee, a group of former finance ministers and central bank presidents who meet regularly to discuss regional financial issues.

Ms. Krivoy holds a degree in economics from Universidad Central de Venezuela, where she was the first woman to graduate summa cum laude. She has written many papers and articles on monetary, financial and regulatory topics, as well as the book Collapse: The Venezuelan Banking Crisis of 1994, published by The Group of Thirty, Washington, D.C.