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Home > About GDB > Gallery of Presidents

Gallery of Past Presidents


William Lockwood Benet (2005)

William Lockwood Benet pursued studies at Brown Universities and at the Institute of Development Studies, Technology and Industrial Strategy of the University of Sussex in the United Kingdom, where he specialized in Economic Development by Specific Industry and the Financial, Fiscal and Technological Strategies of  Singapore and Ireland. From 1989 to 1993, he was Vice President and Assistant to Government Development Bank Presidents Ramón Cantero Frau, José Berrocal and Marcos Rodríguez-Ema, in charge of privatization deals, central government and public corporations bond offerings, relations with institutional investor and credit rating agencies working from the GDB's New York office, and he was in charge of the government transition in 1992.

In 1989, Lockwood Benet was advisor to the Governor's Chief of Staff and the Secretary of State of Puerto Rico. From 1987 to 1989 he served as Vice President of the Economic Development Bank (EDB), working under then Chairman of the Board of Directors of EDB, Teodoro Moscoso. In 1987, he collaborated with the Governor's Council of Economic Advisors, attached to the GDB, during José Ramón González's tenure as GDB President.

Lockwood Benet also worked with private banking institutions, such as, Banco Popular; Puerto Rico Conservation Trust; with the Office of the Commissioner of Financial Institutions of Puerto Rico; Consultiva Internacional; Citibank Global Finance; Merrill Lynch Tax Exempt Fund; Real Estate Investment Trust; and with the Chicago Board of Trade.

In February 2005 he was appointed GDB President and, in August 2005, he returned to the private practice. While at the helm of the GDB, he organized the foundation for the development of the Science and Technology Trust of Puerto Rico, to finance and promote development initiatives in order to make Puerto Rico the technological center of the Caribbean.

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