Article: Davila to Take Over as Treasurer of Puerto Rico in 2008.

Puerto Rico will have a new treasurer at the start of 2008 as Jose Guillermo Davila, executive director of the office of management and budget, will replace outgoing Treasurer Juan Carlos Mendez.

Gov. Anibal Acevedo Vila last week announced the personnel change and said he is very grateful for Mendez's services. Mendez is leaving his position at the end of the month for personal reasons, according to commonwealth officials.

Davila will move to the Treasury Department on Jan.1 and Armando Valdes, the governor's economic development adviser, will replace Davila at the OMB.

Mendez has been Puerto Rico's treasurer for three years, after joining the ...

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