Ricaurte Vásquez Morales, Ph.D., an economist with more than 30 years’ experience in the public and private sector, has been sworn in as the new administrator of the Panama Canal for a seven-year term.
Vásquez stated: “Just a few months short of the 20th anniversary of the transfer of the Canal to the Panamanian people, we face a distinctly different reality today. Trade now travels along different routes.
“This new global reality, in which the canal operates, requires us to redefine and adapt our business. We must face this challenge with intelligence, courage and imagination.”
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