Arévalo swears in Jonathan Menkos as president of the Bank of Guatemala, and CACIF files an injunction against the appointment.

President Bernardo Arévalo has officially sworn in Jonathan Menkos as the new president of the Bank of Guatemala (Banguat). The appointment follows the administration's recent leadership changes within the country's financial institutions.

In response to the appointment, the Coordinating Committee of Agricultural, Commercial, Industrial, and Financial Associations (Cacif) has filed an amparo—a constitutional legal challenge—to contest the legitimacy of the nomination. The legal action highlights ongoing tensions between the executive branch and private sector organizations regarding the governance and oversight of the national central bank.