Professor Montiel served as Nicaraguan Minister of Finance and Coordinator of the Economic Cabinet under President Enrique Bolaños. He was also founder and first Presidential Delegate of ProNicaragua, the leading investment promotion agency in the country. He was previously Dean of INCAE. He has served on numerous boards in the private and public sector. Dr. Montiel was President of the Board of the Banking Supertendency in Nicaragua, the main banking regulator in the country, Director of the Central Bank as well as Governor of the Interamerican Development Bank and BCIE, leading regional development banks. He has also been director of regional private banks, insurance companies, foundations, and nonprofit institutions. He was a researcher at Harvard Business School and serves as advisor to multinationals, local companies and international organizations.