About
Gustavo Noboa Bejarano was an Ecuadorian politician who served as the 42nd President of Ecuador from 2000 to 2003. Prior to his presidency, he held the position of Vice President under President Jamil Mahuad. Noboa also served as the Governor of the province of Guayas. He is remembered for his efforts to stabilize the Ecuadorian economy during a period of financial crisis.
Career Timeline
Elected Vice President of Ecuador
Noboa becomes Vice President under Jamil Mahuad, positioning him for higher office.
Assumes Presidency Amid Crisis
Noboa becomes President after Mahuad's ouster, facing severe economic challenges.
Implements Dollarization Policy
Noboa implements dollarization to stabilize Ecuador's economy, a controversial move.
Leaves Office After Term
Noboa finishes his term, having stabilized the economy but faced social unrest.
Accusations and Legal Issues
Noboa faces accusations of corruption, impacting his reputation and net worth.
Death in Miami, USA
Gustavo Noboa died in Miami, Florida.
Legacy as Former President
Remembered for navigating a crisis, his influence has faded with time.
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Last updated: February 24, 2026