Melba Acosta Febo is a corporate executive, attorney, and certified public accountant.

[2] Acosta also served as the Secretary of the Treasury of Puerto Rico,[3][4][5][6] director of the Puerto Rico Office of Management and Budget and chief of staff of the municipality of San Juan.

[3] She was also a corporate counsel at Puerto Rico's largest law firm, McConnell Valdés, LLC, and a tax consultant with Price Waterhouse.

[7] Acosta holds a BBA in accounting and a JD, both from the University of Puerto Rico, Rio Piedras, and an MBA from the Harvard Business School, where she was an Eli Lilly scholar.

[8][9][10] She has been a member of the board of directors of the Puerto Rico Museum of Art (Chairwoman, Treasurer, and Secretary),[11] the Fundacion Luis Munoz Marin (Treasurer, Secretary)[12] and United Way of Puerto Rico.