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Home > About GDB > Gallery of Presidents

Gallery of Past Presidents

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Marcos Rodríguez-Ema (1993-1998)

Marcos Rodríguez-Ema graduated with honors in 1975 from Georgetown University, Washington D.C., where he pursued a B.S. in Foreign Service. He received a Law degree from that same institution and was admitted to the Puerto Rico bar in 1982 and, in 1983, he was admitted to practice in the U.S. District Court and First Circuit Cout of Appeals. Rodríguez-Ema was appointed President of the GDB on January 3, 1993. At the time of his designation, he served as Vice President and General Manger of Chase Securities (Puerto Rico) Inc., an indirect subsidiary of The Chase Manhattan Bank, N.A., engaged in security trading and trading of all kinds of financial instruments.

The Tourism Development Fund was created during his first year as president and through it the GDB approved important financing to remodel and expand hotel projects, such as, the Dupont Plaza Hotel that opened in 1994 under the name of San Juan Marriott; El Conquistador Hotel in Fajardo, and Palmas del Mar in Humacao. Subsequently, the Ritz Carlton, Coco Beach, Paradisus, Westin, Wyndham, Río Grande, among other hotel projects, were also financed. During his tenure, the Bank participated actively in the efforts to privatize public health services and hospitals and the corrections administration. The Puerto Rico Telephone Company, the Maritime Shipping Authority, and the operations of the Aqueduct and Sewer Authority were sold. The GDB granted financing to develop the Tren Urbano, the Coliseum of Puerto Rico, the Puerto Rico Art Museum, and the Golden Triangle.

In 1995, for the first time, the GDB received the Certificate of Achievement for Excellence in Financial Reporting granted by the Government Finance Officers Association among participants from the United States and its territories.

In August 1998, Rodríguez-Ema decided to return to the private practice.

 
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