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Julio Sajinés Goytia
Engineer
Bolivian
(1976 - 1981)
During his administration, CAF had to face many difficult situations: Chile's decision to withdraw from the Andean Pact in 1976 and from the Institution in 1977, and the stagnation of industrial programming and trade liberalization, as had been agreed in the Andean integration framework. However, CAF continued the process of institutional and administrative consolidation.
Among the institutional actions that CAF adopted, which contributed to normalize the institutional operation, the formalization of the agreement with Venezuela (1978), and the adoption of general and personnel regulations are noteworthy.
In 1978, as part of the activities expanding financial brokerage operations, CAF obtained the first syndicated loan in the international banking system, led by Bank of America. In addition to continuing to strengthen its usual operations, CAF ventured into priority sectors for the development of its shareholder countries, such as oil and agricultural related businesses.
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