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About

Juan Carlos Varela Rodríguez is a Panamanian businessman and politician. He served as the 37th President of Panama from 2014 to 2019. Prior to his presidency, Varela was the Vice President of Panama from 2009 to 2014 and also held the position of Minister of Foreign Relations. He led the Panameñista Party, a significant political force in Panama, for a decade.

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Career Timeline

2009B$10M

Vice President of Panama

Becomes Vice President under Ricardo Martinelli.

2014B$20M+$10M

Elected President of Panama

Wins the presidential election, focusing on anti-corruption efforts.

2016B$30M+$10M

Panama Canal Expansion

Oversees the completion of the Panama Canal expansion project.

2019B$40M+$10M

Leaves Presidential Office

Steps down after his term, facing mixed reviews of his performance.

2026B$50M+$10M

Elder Statesman in Panama

Varela remains a prominent figure in Panamanian politics and business circles.

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Last updated: February 25, 2026