As such, it is chartered with the coordination, structure, execution and placement of every single financing, bond or note issue for all government agencies, government-owned corporations and its multiple dependencies, including all 78 municipalities throughout Puerto Rico.
As president of the GDB, Rodriguez-Ema managed a highly technical and sophisticated 400-employee institution through a 10-member executive committee of senior officers accountable to a board of directors that met monthly.
He participated in several high-profile government boards constantly creating and building consensus among private institutions and public stakeholders for important government-sponsored economic development policies.
As part of the senior advisors to the chairman, he had daily meetings negotiating and building consensus among peers on the several management, operational and legal issues related to development projects, which included the construction, expansion, financing and marketing of shopping centers, office buildings and condominiums; also the purchase, design and development of raw land acquisitions, as well as dealing with the marketing and management of the second largest dairy company and processing operation in Puerto Rico.
The government downsizing and the major cuts in contracts and services in order to reduce a staggering $3 billion deficit and avoid a bond-rating downgrade which could prove catastrophic for the economy were serious and momentous initiatives of historical proportions.