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Latin Times
Latin Times
Politics
Pedro Camacho

Venezuela's Interim Leader Taps U.S.-Trained Economist to Lure Foreign Oil Investment

Calixto Ortega Sánchez, Venezuela's head of the International Centre for Productive Investment (Credit: Delcy Rodriguez' official X account)

Venezuela's interim leader, Delcy Rodríguez, has appointed a U.S.-trained economist to lead the country's main investment agency, a move widely seen as an attempt to attract foreign investment — particularly American — to the oil industry after the ouster of Nicolás Maduro.

Rodríguez named Calixto Ortega Sánchez, a former central bank chief with professional experience in the United States, to head the International Centre for Productive Investment. Ortega is replacing Alex Saab, a close ally of Maduro who was previously accused by Washington of money laundering and was removed from government posts last week.

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