65 Facts About Guillermo Lasso


Guillermo Alberto Santiago Lasso Mendoza is an Ecuadorian businessman, banker and politician who has served as the 47th president of Ecuador since 24 May 2021.


Guillermo Lasso is the country's first conservative president in nearly two decades, marking a shift in the country's electorate.


Guillermo Lasso previously served as Governor of Guayas from 1998 until 1999.


Guillermo Lasso has expressed opinions in favour of lower taxes and is a free-market advocate.


Guillermo Lasso became involved in presidential politics when he founded the Creating Opportunities Party in 2012.


Guillermo Lasso first ran for president in 2013; Lasso came in a distant second place behind President Correa.


Guillermo Lasso's presidency has been noted for COVID-19 vaccination initiatives and economic relief packages through tax increases on the wealthy and funding with the International Monetary Fund.

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Guillermo Lasso was born in the Orellana neighborhood of Guayaquil to a middle-class family.


Guillermo Lasso's parents were Enrique Lasso Alvarado and Nora Mendoza.


Guillermo Lasso has ten siblings and his family lived with financial hardships.


In 1970, Guillermo Lasso began working part-time at the Guayaquil Stock Exchange and later worked as a collection agency assistant at Casa Moeller Martinez.


In 1977, Guillermo Lasso met Maria de Lourdes Alcivar, whom he married in 1980.


Guillermo Lasso has since sat on the boards of directors for both Coca-Cola and Mavesa, and served as chairman of the board of directors of the Guayas Transit Commission as well as being a member of the Board of Directors of the Andean Development Corporation.


Guillermo Lasso resigned from his post as Executive President in 2012.


Guillermo Lasso is, through a trust named with his initials, GLM, the largest shareholder in Banco de Guayaquil, where he was executive president for more than 20 years.


Guillermo Lasso is the founder of the Fundacion del Barrio.


In March 2020, Guillermo Lasso created the humanitarian initiative Saving Lives which was an initiative against the COVID-19 pandemic and raised US$8 million to help purchase medical supplies and equipment for the Ecuadorian Health System.


In 1998, Guillermo Lasso was appointed as the Governor of Guayas, during which the national government underwent mass privatization of public companies and industries.


Ecuador went through an economic collapse in 1999, following which Guillermo Lasso was temporarily appointed to the newly created position of Superminister of the Economy, replacing the resigning Ana Lucia Armijos.


Guillermo Lasso was tasked with coordinating government policy in response to the country's economic crisis.


In early 2017, Guillermo Lasso launched his second presidential campaign to succeed incumbent President Correa for the conservative Creating Opportunities party in the 2017 presidential elections.


In February 2017, Guillermo Lasso told The Guardian that should he win the presidential election he would "cordially ask" Julian Assange, the WikiLeaks founder, to leave the Ecuadorian Embassy in London within 30 days.


Guillermo Lasso ran as a candidate again in the 2021 general election.


Guillermo Lasso named neurosurgeon Alfredo Borrero as his running-mate in October 2020.


Guillermo Lasso's victory was seen as a win for free-market advocates in the country.

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Guillermo Lasso vowed to uphold a $6.5 billion financing agreement with the IMF and to keep payments on Ecuador's overseas bonds.


Guillermo Lasso noted that his administration would focus on working with the United States, Chile, Brazil and Colombia while distancing from Cuba and Venezuela.


Guillermo Lasso announced that he will seek to regularize the situation of over 400,000 Venezuelan migrants living in Ecuador.


Guillermo Lasso will try to lower the value-added tax within the economic incentive plan.


Guillermo Lasso issued that his main priorities after being inaugurated would be to increase the COVID-19 vaccination rates in the country, vowing to vaccinate 9 million people within his first 100 days in office.


Guillermo Lasso had talked to Chilean President Sebastian Pinera about obtaining loans to purchase vaccines with the support of the Inter-American Development Bank.


Guillermo Lasso vowed that he would nominate as many women in his cabinet as "women must be in decision-making positions".


Guillermo Lasso was inaugurated as the 47th president of Ecuador on 24 May 2021 at Carondelet Palace in Quito.


Guillermo Lasso became the country's first center-right president since Gustavo Noboa, who served from 2000 to 2003.


Guillermo Lasso vowed that in his first days in office, he would increase COVID vaccination numbers and promote oil production, mining and privatizations in the country.


Guillermo Lasso named Vice President Alfredo Borrero as in charge of overhauling the country's healthcare system and COVID response.


Guillermo Lasso announced the privatization of three refineries, highways, the public telecommunications company and the Banco del Pacifico, as well as tax exemption for investments in the tourism sector for 30 years.


In June 2021, Guillermo Lasso announced that Ecuador would launch a 100-day vaccine plan where he aimed to vaccinate 9 million people and to revive the economy.


Guillermo Lasso announced that he would hold talks with Russia to purchase 18 million doses of the Sputnik V COVID-19 vaccine.


Guillermo Lasso urged the United Nations to ramp up vaccine rollouts in the country through their COVAX programme.


Guillermo Lasso's administration is seen as a stark contrast towards other right-leaning governments in other South American countries.


In September 2021, Guillermo Lasso announced an economic package where he proposed a tax increase for the country's wealthiest citizens.


Guillermo Lasso had reached a $1.5 billion deal with the International Monetary Fund.


In October 2021, Guillermo Lasso was named in the Pandora Papers leak where the International Consortium of Investigative Journalists found that Guillermo Lasso created an "offshore" framework to hide his actual net worth.


In October 2021, communities from Ecuador's Amazon region sued over plans by President Guillermo Lasso to expand fossil fuel extraction and mining that they claimed threatens millions of acres of pristine rainforest and the survival of native peoples.

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On 19 October 2021, Guillermo Lasso ordered a state of national emergency in Ecuador over the rise in drug-related violence in the country.


That same month, Guillermo Lasso visited Beijing and met with President Xi Jinping where they discussed a trade deal set for the end of the year and renegotiated debt talks.


In March 2022, Guillermo Lasso expressed interest in running for re-election in the 2025 election.


Guillermo Lasso was met with controversy after he suspended social media communication over the protests and allowed police officials to use deadly force against protestors.


Guillermo Lasso had refused to commence peace talks with Indigenous protest leaders to end the protests, which led to condemnation from assembly members and protest leaders.


Guillermo Lasso is accused of having known of its existence without opposing it.


The charges allege that Guillermo Lasso pressured the state police commander and the drug chief to conceal the investigation report.


The main argument for impeachment against Guillermo Lasso is embezzlement and for ignoring irregularities in a contract between a state-run shipping company and an oil tanker company.


The Constitutional Court approved the charge of embezzlement against Guillermo Lasso, but declined the two charges of bribery in May 2023.


However the following day, Guillermo Lasso dissolved the National Assembly, invoking a constitutional measure known as muerte cruzada, bringing forward legislative and presidential elections.


Guillermo Lasso responded in the same way when asked if he was from the right or the left.


Guillermo Lasso has expressed himself in favour of reducing taxes, state debt, and increasing the minimum wage with the announced aim of increasing productivity and employment in the private sector.


Guillermo Lasso was accused of supporting reducing the minimum wage from $400 per month in 2020 to $120 per month; however, that was a statement taken out of context from an interview he gave in March 2020 in the middle of the pandemic, while suggesting letting businesses recruit unemployed poor single mothers so they could at least get some income.


Guillermo Lasso has declared himself an admirer of Jose Maria Aznar's Silent Revolution, a series of reforms implemented by the former Prime Minister of Spain.


Guillermo Lasso declares himself an enemy of the 21st-century socialism promoted from Venezuela and Cuba, whose Ecuadorian chapter identifies with the Citizens' Revolution led by Rafael Correa.


Also, President Rafael Correa claims Guillermo Lasso had a hand in Ecuador's financial crisis of 1999.


In 2018, Guillermo Lasso underwent a surgical procedure on his spinal cord at the Cleveland Clinic in the United States following a back injury from a fall at a pilgrimage in Spain in 2013.


In June 2021, Guillermo Lasso had a second spinal cord surgery in Miami, Florida, in the United States to "regain regular leg mobility".


Guillermo Lasso underwent surgery, which was successful, and returned to Quito to undergo further treatment.


In 2011, Guillermo Lasso published the book Cartas a Mis Hijos, which translates to Letters to my Children, which contains lessons he developed from his time working in business and highlights recommendations for the economic development of Ecuador.

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