Banco Latinoamericano de Comercio Exterior, S. A announced that Chief Executive Officer, Rubens V. Amaral Jr. was named to replace former Chief Executive Officer, Mr. Jaime Rivera, who submitted his resignation effective July 31, 2012, on Bladex's Board of Directors, representing All Classes. Mr. Rubens V. Amaral Jr. will serve the remainder of Mr. Rivera s original term due to expire in April 2015. Mr. Amaral was the Chief Commercial Officer and the alternate to the CEO prior to Mr. Rivera s resignation.

Before joining Bladex in 2004, Mr. Amaral worked at Banco do Brasil for more than 28 years, developing a focus on and experience in international finance.