Early Life and Career Before Politics
Kuczynski is the son of Maxime Hans Kuczynski, one of the earliest public health leaders in Peru. He received his early education at Markham College in Lima, Peru, and Rossall School in Lancashire, England. He won a foundation scholarship to study at Exeter College, Oxford and graduated with a degree in politics, philosophy and economics in 1956. Later, he received the John Parker Compton fellowship to study public affairs at Princeton University in the United States, where he received a master's degree in 1961. He began his career at the World Bank in 1961 as a regional economist for six countries in Central America, Haiti and the Dominican Republic.
In 1967, Kuczynski returned to Peru to become the Deputy General Manager of the Peruvian Central bank, but left the country in 1969 due to threats from General Juan Velasco Alvarado's administration. He then joined the International Monetary Fund in Washington, D.C. as an economist and, in 1971, became Chief Economist for the northern countries of Latin America at the World Bank, moving on to become Chief of Policy Planning at the Bank. From 1973 to 1975, he was a partner of Kuhn Loeb and Co., the international investment bank headquartered in New York City. In 1975, he returned to Washington, D.C to become chief economist for the International Finance Corporation (the private finance arm of the World Bank). Subsequently, he was appointed President of Halco Mining in Pittsburgh, Pennsylvania, an international consortium mining company with operations in West Africa.
From 1983-1992, he was co-Chairman of First Boston in New York City, an international investment bank. In 1992, he founded, with six other partners, the Latin American Enterprise Fund (LAEF) in Miami, Florida, a private equity firm that focused on investments in Mexico, Central and South America. The institutional investors in LAEF included more than 15 of the world's largest university endowments, foundations, and pension funds.
Kuczynski has been a director of various companies in Peru and elsewhere. Registered in the state of Florida, he co-owns a personal savings vehicle Westfield Capital, and in connection with his past activity in LAEF he is an officer of an office-rental partnership South Bayshore Properties.
Read more about this topic: Pedro Pablo Kuczynski
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