Alejandro Fernández to conclude six-year tenure as Superintendent of Banks

SANTO DOMINGO — The top official leading the Dominican Republic’s national banking regulation announced Wednesday he will depart his post this summer, bringing a close to six years of leadership at the nation’s top financial oversight body. Alejandro Fernández W., who has served as Superintendent of Banks since 2018, shared the timeline of his planned exit in a public farewell address, confirming his final day in office will fall on August 16.

In his statement, Fernández extended public thanks to Dominican Republic President Luis Abinader for the opportunity to lead the critical regulatory agency, framing the role as a foundational platform to push forward transformative reforms to the country’s national financial system. He opened up about the timeline of his decision, noting that he formally submitted a request to President Abinader in early April asking that his current term not be renewed, adding that the choice to step away was reached collaboratively with his family.

Beyond his acknowledgment of the president’s support, Fernández also dedicated thanks to the full technical team at the Superintendency of Banks, as well as members of the national Monetary Board, highlighting the consistent collaboration and shared commitment to public service that marked his entire time in the role. No official announcement has yet been shared regarding who will be appointed to fill the vacant superintendent position once Fernández departs.