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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Victor Villacres will assume representation of the Executive in the IESS

Posted On 07 Apr 2014

IESS-Villacres-Gobierno

The Superintendency of Banking and Insurance (SBS) will possess economist Victor Hugo Villacrés today as a representative of the Executive at the Board of the Ecuadorian Institute of Social Security (IESS).

Villacrés will replace Fernando Cordero, despite he is 36 years old, which represented an obstacle to his appointment due to Article 29 of the Social Security Act that states that the minimum age for holding office in the Directing Council of IESS is 40.

Given this, the Government requested that a resolution of the Constitutional Court suspend this requirement temporarily, which took seven days to the organism to resolve.

Three days after Fernando Cordero resigned to IESS last March 21, President Correa filed to the Constitutional Court a claim of unconstitutionality to this age requirement demanded by Social Security Act, “in order to prevent and stop the threat or violation from rights conferred upon the Constitution …”

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