Melba Acosta Febo Explained

Office:	President of the Puerto Rico Government Development Bank
Predecessor:	Javier Ferrer
Governor:	Alejandro García Padilla
Governor2:	Sila María Calderón
Office2:	Director of the Office of Management and Budget of Puerto Rico
Predecessor2:	Jorge Aponte
Successor2:	Ileana Fas
Governor1:	Alejandro García Padilla
Office1:	Secretary of Treasury of Puerto Rico
Predecessor1:	Jesús Méndez
Successor1:	Juan Zaragoza
Birth Name:	Melba Acosta Febo
Birth Place:	Arecibo, Puerto Rico, U.S.
Alma Mater:	University of Puerto Rico, Río Piedras (BBA) University of Puerto Rico School of Law (JD) Harvard Business School (MBA)
Occupation:	Corporate executive Attorney Certified Public Accountant
Website:	Official LinkedIn
Term Start:	October 27, 2014
Term End:	July 7, 2016^[1]
Term Start1:	January 2, 2013
Term End1:	October 26, 2014
Term Start2:	January 2, 2001
Term End2:	December 15, 2004

Melba Acosta Febo is a corporate executive, attorney, and certified public accountant. She is a former president of the Government Development Bank of Puerto Rico and a former chief public finance officer of Puerto Rico.^[2] Acosta also served as the Secretary of the Treasury of Puerto Rico,^{[3] [4] [5] [6]} director of the Puerto Rico Office of Management and Budget and chief of staff of the municipality of San Juan.

Private sector career

In the private sector, she held various corporate positions at R&G Financial Corporation, such as chief administrative officer, corporate risk manager, and chief financial officer (CFO). She was also a corporate counsel at Puerto Rico's largest law firm, McConnell Valdés, LLC, and a tax consultant with Price Waterhouse.^[7] Acosta holds a BBA in accounting and a JD, both from the University of Puerto Rico, Rio Piedras, and an MBA from the Harvard Business School, where she was an Eli Lilly scholar.^{[8] [9] [10]} She has been a member of the board of directors of the Puerto Rico Museum of Art (Chairwoman, Treasurer, and Secretary),^[11] the Fundacion Luis Munoz Marin (Treasurer, Secretary)^[12] and United Way of Puerto Rico.^[13]

Notes and References

1. Web site: Governor recommends Alberto Bacó as Interim President of the GDB. gdb-pur.com. 10 May 2017.
2. Web site: Kaske. Michelle. Puerto Rico Governor picks Melba Acosta to head Development Bank . Bloomberg . 2014-10-15 . 2015-08-27.
3. Web site: Melba Acosta es nominada como secretaria de Hacienda . Primera Hora . 2011-12-29 . 2013-02-28. Spanish.
4. Web site: García Padilla ya tiene presidente del BGF y secretaria de Hacienda . El Nuevo Dia . 2012-12-11 . 2013-02-28 . Spanish . dead . https://web.archive.org/web/20130215131029/http://www.elnuevodia.com/garciapadillayatienepresidentedelbgfysecretariadehacienda-1405380.html . 2013-02-15 .
5. Web site: Designa a líderes de Hacienda y BGF – Vocero de Puerto Rico . Vocero . 2012-12-11 . 2013-02-28 . Spanish . dead . https://web.archive.org/web/20131110011321/http://www.vocero.com/designa-a-lideres-de-hacienda-y-bgf// . November 10, 2013 .
6. Web site: Acevedo Denis. Ely. Melba Acosta encabeza "Dream Team" económico. NotiCel . 2012-12-11 . 2013-02-28. Spanish.
7. Web site: LinkedIn. Melba Acosta Febo. 2014-10-14.
8. Web site: Velázquez. Brunymarie. Entre recaudos y sensibilidad en Hacienda . El Nuevo Dia . 2013-03-10 . 2013-03-10. Spanish.
9. Web site: Slavin. Robert. Acosta to testify at Senate Finance Committee's Puerto Rico Hearing . Bond Buyer . 2015-09-25. 2015-09-25. English.
10. Web site: Slavin. Robert. Puerto Rico's Melba Acosta Febo to Leave Service at end of July . Bond Buyer . 2015-07-07. English.
11. Web site: Museo de Arte de Puerto Rico. Museo de Arte de Puerto Rico.
12. Web site: Fundacion Luis Munoz Marin. Fundacion Luis Munoz Marin.
13. Web site: Fondos Unidos de Puerto Rico. Fondos Unidos de Puerto Rico.