León Esteban Febres-Cordero Ribadeneyra, known in the Ecuadorian media as LFC or by his surname, was President of Ecuador for a four-year term from 10 August 1984 to 10 August 1988.
Background
Febres-Cordero was born to a well-to-do Guayaquil family on 9 March 1931. His father sent him to study in the United States, where he first attended Charlotte Hall Military Academy in Maryland, then Mercersburg Academy in Pennsylvania for high school, and then graduated as an engineer from the Stevens Institute of Technology in Hoboken, New Jersey (which he visited after being elected in 1984).
Career
During his Presidency he sought to introduce market-oriented reforms, and also led a security crackdown on a guerrilla group, ¡Alfaro Vive, Carajo!. Upon his return to Guayaquil, Febres-Cordero entered business, dealing variously in paper, electrical parts, chemicals and textiles. Eventually he became an executive in the Noboa Group, a large agribusiness.
Presidency (1984-1988)
The Febres Cordero government promoted a conservative economic policy.
While some praised Febres Cordero"s economic policies, they became largely unpopular with most Ecuadorians. Several of his ministers were accused of corruption.
His Finance Minister (and future Vice President), Alberto Dahik, was impeached by Congress. Current President Rafael Correa established a truth commission to investigate human rights violations, particularly those that occurred during Febres Cordero"s administration.
Congress approved a resolution granting Vargas amnesty, but Febres Cordero refused to publish the resolution, thus denying it the force of law.
lieutenant was only after his January 1987 kidnapping that he signed the amnesty and released Vargas. Post-Presidency
Later he became the mayor of Guayaquil for two terms (1992–2000) and then ran successfully for a seat in Congress. A smoker, he died aged 77 in Guayaquil, on 15 December 2008 at 4:30pm, of lung cancer and emphysema.
He was granted a state funeral.
His remains were buried at the Cementerio Parque de la Paz.
Membership
In 1987 Febres Cordero was kidnapped for 11 hours by members of the air force demanding the freedom of General Frank Vargas Pazzos, who had been imprisoned after leading two uprisings in March 1986, aimed at toppling the Minister of Defense. He was a member of the centre-right Social Christian Party.