Former Comptroller General Dani Ariel Kuzniecky Barsky officially assumed his new position as chairman of the Panama Canal Authority (ACP) Board of Directors at an inaugural ceremony conducted at the presidential palace last Monday.
At the inauguration, Kuzniecky, who will concurrently hold the rank of Minister for Canal Affairs, stated that "one of my commitments will be to preserve the pride and international prestige that Panama has gained as a result of the ACP's management of the waterway."
Among the first duties in his new role, Kuzniecky headed an ACP commission to present the second quarterly expansion report to the National Assembly of Panama.
He also presided over the ACP Board of Directors meeting, where the proposal to restructure the Panama Canal's pricing system for the next three years was approved. Following the decision made by the Board, Mr. Kuzniecky submitted the proposal to the Cabinet Council of the Republic of Panama, which later provided final approval on the proposal Wednesday afternoon.