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Dr. Montiel is professor emeritus of INCAE Business School. He holds a Ph.D. from Harvard University, USA, as well as a master's degree from the Sloan School of Management of the Massachusetts Institute of Technology. He holds a Bachelor of Science degree in Industrial Engineering (cum laude). cum laude) from the University of Michigan.
With the support of the International Finance Corporation of the World Bank (WB), the United Nations Development Program (UNDP) and Harvard Business School, he led the founding of ProNicaragua, the country's main investment promotion agency.
He has been a director and advisor to private regional banks, insurance companies, commercial and industrial companies, foundations and non-profit organizations.
In the public sector, he was Minister of Finance and Public Credit of Nicaragua, as well as Governor of the Inter-American Development Bank (IDB), the Central American Bank for Economic Integration (CABEI) and President of the Superintendency of Banks of Nicaragua (SIBOIF).
In addition, he is the author of four books and more than 70 articles, cases and technical notes.
At INCAE he served as Dean and has been a professor in the areas of Banking and Finance.
Professor Montiel served as Dean of INCAE and as Academic Director of both the Executive Master in Management and the Global Executive MBA. As a professor, he was in charge of several courses in Banking and Finance including the Financial Innovations and Fintechs course in the Master in Finance and the Corporate Finance course in the Executive Master in Management.
He was a researcher at Harvard University, as well as a teaching assistant for the Financial Institutions course and the Investment Management course at the Harvard Business School MBA Program, where he obtained his PhD specializing in Financial Institutions and Markets.
Dr. Montiel was the founder of ProNicaragua, an investment promotion agency established in 2002 with the support of the International Finance Association (IFC) of the World Bank, UNDP and Harvard Business School. ProNicaragua received the 2006 WAIPA Award from the World Association of Investment Promotion Agencies as the best in Latin America and one of the top five in the world out of more than 100 investment promotion agencies operating at the time.
Professor Montiel was also founder and president of Cambridge Consulting, advising numerous companies and financial institutions in more than a dozen countries in Latin America and Europe. He has served on the boards of commercial and industrial companies, banks, insurance companies, foundations and non-profit organizations.