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Home > About GDB > Gallery of Presidents

Gallery of Past Presidents


José Ramón Oyola (1985-1986)

José Ramón Oyola presided the Government Development Bank for Puerto Rico from 1985 to 1986. During his tenure, the Bank began an aggressive evaluation of opportunities to refinance public debt, including the sale of general obligations of the Commonwealth of Puerto Rico. During this period, the Bank, together with the financial community, worked to preserve Section 936, which produced very positive benefits for the Island. While at the helm of the GDB, the First Mortgage Trust was established to provide access to adequate housing to thousands of Puerto Rican families who, due to prevailing elevated costs, did not have acces to their own house.

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