Luis Enrique Oberto Explained

Luis Enrique Oberto
Office:President of the Venezuelan Chamber of Deputies
Termstart:1990
Termend:1994
Predecessor:José Rodríguez Iturbe
Successor:Carmelo Lauría Lesseur
Office1:Member of the Venezuelan Chamber of Deputies
Termstart1:1979
Termend1:1999
Constituency1:Miranda
Office2:Minister of Finance
Termstart2:1972
Termend2:1974
Predecessor2:Pedro Tinoco
Successor2:Héctor Hurtado Navarro
President2:Rafael Caldera
Termstart3:1969
Termend3:1972
Predecessor3:Aura Celina Casanova
Successor3:Antonio Casas González
President3:Rafael Caldera
Birth Date:19 August 1928
Death Place:Caracas, Venezuela
Alma Mater:Central University of Venezuela
Party:COPEI

Luis Enrique Oberto González (19 August 1928 – 8 August 2022) was a Venezuelan banker and politician who served in several high-ranking positions within the government of Venezuela. A member of COPEI, Oberto was a member of the Venezuelan Chamber of Deputies from 1979 to 1999, serving as the president of the Chamber of Deputies from 1990 until 1994. Oberto also served as the Minister of Finance and the in the government of Rafael Caldera. He then served in a number of academic positions after leaving politics.

Early life and financial career

Oberto was born on 19 August 1928.[1] In 1951, he graduated from the Central University of Venezuela with a degree in civil engineering. In 1969, newly-elected president Rafael Caldera appointed Oberto as ; in this position, the U.S. Department of State considered him to be one of Venezuela's most senior government officials.[2] [3] From 1969 until 1972, Oberto served on the board of governors of the Inter-American Development Bank, and he also served as the principal director of the Central Bank of Venezuela from 1970 to 1972.[4] [5]

In 1972, Caldera appointed Oberto as Minister of Finance. In this role, Oberto oversaw the expansion of the Venezuelan oil industry; Oberto increased fiscal participation in oil and led the nationalization of Venezuela's oil and gas reserves. As a result of Oberto's policies while minister, the Venezuelan economy had an "average growth of 5%, with peaks of 7.6% in 1970 and 6.9% in 1973", while the average annual inflation was 3.3%. Oberto resigned as Minister of Finance in 1974 following the election of President Carlos Andrés Pérez.[6]

Following his resignation, Oberto served in several governmental and business roles. In 1974, Oberto served as a member of the Presidential Commission for Oil Reversal, and later that year, he became an advisor for the Inter-American Development Bank. From 1974 to 1978, he was also on the board of directors of the Central Mortgage Bank.

Political career

In 1978, Oberto, a member of COPEI, was elected to the Chamber of Deputies where he subsequently served for the following twenty years. During his tenure in the legislature, Oberto also served in several high-ranking positions. In the late-1980s, he was a member of the Commission for the Reform of the State, a presidential commission which sought to reform the Venezuelan government.[7]

In 1990, Oberto was elected the president of the Chamber of Deputies, a position he would hold until 1994. In 1993, Oberto briefly served as the interim president of the Congress of Venezuela, which consisted of both the Chamber of Deputies and the Senate of Venezuela. Oberto left parliament in 1999. In 1995, Oberto drafted the Organic Criminal Procedure Code (COPP), a reform of Venezuela's criminal justice system, which he believed was too "inquisitorial". The COPP reforms were later adopted in 1999 by the government of Hugo Chávez.[8]

Later life

After leaving the legislature, Oberto held several academic positions. In 1999, he became a professor at the Central University of Venezuela. From 1998 until 2000, Oberto served as the president of the National Academy of Economic Sciences, an institution he founded in 1982. Oberto served as a member of the board of directors of the Institute of Advanced Studies in Administration from 2000 to 2003. At some point, Oberto was also the vice president of the .

Oberto died in Caracas on 8 August 2022, eleven days before his 94th birthday.[9]

Notes and References

  1. Web site: 9 August 2022 . Falleció el exministro de Hacienda venezolano Luis Enrique Oberto . Former Venezuelan Finance Minister Luis Enrique Oberto died . 14 August 2022 . . es.
  2. Web site: 9 August 2022 . Falleció el exministro Luis Enrique Oberto González . Former Minister Luis Enrique Oberto González died . 13 August 2022 . . es.
  3. Book: Republic of Venezuela: Background Notes . . 1969 . Washington . 7 . en.
  4. Web site: 9 August 2022 . Falleció Luis Enrique Oberto González, exministro del gabinete de Rafael Caldera . Luis Enrique Oberto González, former minister of Rafael Caldera's cabinet, died . 13 August 2022 . Maduradas . es.
  5. Web site: 9 August 2022 . Muere el exministro de Hacienda venezolano Luis Enrique Oberto . Former Venezuelan Finance Minister Luis Enrique Oberto dies . 13 August 2022 . . es.
  6. Web site: Vazquez . Luis David . 9 August 2022 . Fallece el académico y ex-ministro de Hacienda venezolano, Luis Enrique Oberto González . The academic and former Venezuelan Minister of Finance, Luis Enrique Oberto González, dies . 13 August 2022 . Descifrado . es.
  7. Web site: 2 March 1987 . Opposition Leaders Criticize Venezuela's New Foreign Debt Accord . 13 August 2022 . . en.
  8. Book: Wilson . Matthew J. . Japan and Civil Jury Trials: The Convergence of Forces . Fukurai . Hiroshi . Maruta . Takashi . 28 August 2015 . . 978-1-78347-919-1 . Cheltenham . 128 . en.
  9. Web site: Alvarado . Darsy . 9 August 2022 . Falleció Luis Enrique Oberto, fundador de la Academia Nacional de Ciencias Económicas . Luis Enrique Oberto, founder of the National Academy of Economic Sciences, died. 13 August 2022 . El Carabobeño. es.