Bladex Announces Departure of CEO Jaime Rivera to be Replaced by Current Chief Commercial Officer Rubens Amaral

The Board of Directors of Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX) today announced that Mr. Jaime Rivera submitted his resignation and will step down as Chief Executive Officer effective July 31, 2012. He will be succeeded by Mr. Rubens V. Amaral Jr., currently the Bank's Chief Commercial Officer and Alternate to the CEO. Mr. Rivera will also resign his position as a Director of the Bank and join its Advisory Board.

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