Pedro Tinoco
{{Short description|Venezuelan businessman and politician}}
{{Use dmy dates|date=October 2019}}
{{Infobox officeholder
|name = Pedro Tinoco
|image =
|birth_place = Caracas, Venezuela
|death_place = Denver, Colorado, US
|birth_name = Pedro Rafael Tinoco Jimenez, Jr.
|party =
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|children =
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|alma_mater =
|profession =
|cabinet =
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|office = Minister of Finance of Venezuela
|term_start = 1969
|term_end = 1972
|president = Rafael Caldera
|predecessor = Francisco Mendoza
|successor = Luis Enrique Oberto
|birth_date = October 4, 1927
|death_date = March 31, 1993
|occupation =
}}
Pedro Tinoco (1927–1993Pedro Rafael Tinoco Jimenez at https://www.geni.com/people/Pedro-Tinoco-Jimenez/6000000000426458290) was a Venezuelan businessman and politician.
Career
Tinoco was Minister of Finance from 1969 to 1972, under President Rafael Caldera. He was then chairman of the Board of Banco Latino from 1975,{{Cite book |url=http://www.bancolatino-venezuela.info/anexo65.html |title=The Card Joker |access-date=19 August 2010 |archive-date=3 October 2009 |archive-url=https://web.archive.org/web/20091003035812/http://www.bancolatino-venezuela.info/anexo65.html |url-status=dead |first=Rafael del |last=Naranco |isbn=0-4297-0581-6 |date=June 1997 }} and one of Carlos Andrés Pérez's "Twelve Apostles".Fernando Coronil. [https://books.google.com/books?id=8L7tUYolvAQC&q=twelve+apostles&pg=PA381 The magical state: nature, money, and modernity in Venezuela], University of Chicago Press, 1997. p247
He resigned in 1989 to take on the presidency of the Central Bank of Venezuela.{{Cite web|url=http://www.bcv.org.ve/bcv/galeria-de-expresidentes|title=Galería de Expresidentes | Banco Central de Venezuela|website=www.bcv.org.ve}}Anabella Frontado Carrasco, [http://www.bancolatino-venezuela.info/enlace-documentos-23.html “BANKING CRISIS IN AN UNDERDEVELOPED COUNTRY”], 2003. Under Tinoco's chairmanship of the central bank, interest rates were liberalised with little effective banking supervision, and Banco Latino, which in 1988 was the central bank's largest debtor, went from the country's fifth-largest to second-largest bank.Javier Corrales. Presidents Without Parties: The Politics of Economic Reform in Argentina and Venezuela in the 19902, Penn State Press, 2002. p164 Banco Latino was the first bank to fail in the Venezuelan banking crisis of 1994.
He was a candidate in the 1973 Venezuelan presidential election, in which he was one of four candidates claiming the backing of Marcos Pérez Jiménez;Sarasota Journal, 5 December 1973, [https://news.google.com/newspapers?id=cvgeAAAAIBAJ&sjid=Qo0EAAAAIBAJ&pg=7364,892295&dq=pedro-tinoco+born&hl=en "Venezuelans Elect President Sunday"], p14D he won less than 1% of the vote.
Pedro Tinoco was also a professor of Public Finance and Political Economy at Universidad Central de Venezuela.
Tinoco was the son of the Pedro Tinoco Smith who was Minister of Interior (1931–35) in the government of Juan Vicente Gómez. Tinoco Sr created the law firm Escritorio Tinoco in 1914; Tinoco Jr would later take over the firm and along with his partners make it "a powerful player in the Venezuelan legal market".Manuel A. Gomez 2008. [https://ssrn.com/abstract=1280931 Greasing the Squeaky Wheel of Justice: Networks of Venezuelan Lawyers from the Pacted Democracy to the Bolivarian Revolution], Florida International University Legal Studies Research Paper No. 08-02. p4