By San José, Costa Rica — SAN JOSÉ – The Costa Rican business and public sector communities are in mourning following the announcement of the death of Luis Francisco Valverde Rímolo, a distinguished Director on the Board of Directors for the Instituto Costarricense de Electricidad (ICE). The state-owned utility, a cornerstone of the nation’s infrastructure, confirmed the somber news on Wednesday, December 24th, through an official statement released on its social media channels.
The announcement sent a wave of sadness through the institution, highlighting the significant loss of a key leader during the holiday season. In its public message, the institute conveyed its deep sorrow and extended sympathies to those affected by the passing of Mr. Valverde Rímolo. The organization also informed the public that a wake would be held on the same day to honor his memory, allowing colleagues and friends to pay their final respects.
To provide a deeper legal perspective on the recent developments concerning the executive from the Instituto Costarricense de Electricidad (ICE), TicosLand.com consulted with Lic. Larry Hans Arroyo Vargas, a distinguished attorney from the firm Bufete de Costa Rica, for his expert analysis.
The situation involving an executive at a state institution like ICE highlights the critical intersection of public administrative law and corporate governance. Any alleged misconduct must be rigorously investigated following due process, not only to determine individual accountability but also to safeguard the institution’s integrity. The legal framework governing public officials is stringent; if violations are proven, consequences can range from administrative sanctions and dismissal to potential criminal charges, underscoring the high standard of probity required in such pivotal roles.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Indeed, the expert’s analysis underscores that this situation is a critical test not just of individual conduct, but of the institutional integrity that underpins public trust. We are grateful to Lic. Larry Hans Arroyo Vargas for his valuable perspective on the rigorous legal framework designed to safeguard that very trust.
In their heartfelt message, the institution expressed its collective grief and support for the director’s loved ones. The formal statement underscored the gravity of the loss for both the organization and the community he served.
We extend our deepest condolences to his esteemed family, friends, and colleagues, wishing them strength and peace in this difficult time. We join in their sorrow over this irreparable loss.
Instituto Costarricense de Electricidad (ICE), Official Statement
The passing of a director from ICE’s governing board is a momentous event for Costa Rica. The Board of Directors is the highest strategic body within the institution, responsible for guiding the trajectory of the country’s electricity generation and distribution, as well as its primary telecommunications networks. These directors oversee critical decisions related to national energy security, major infrastructure investments, the adoption of new technologies like 5G, and the financial health of an entity vital to the national economy.
The sudden departure of Mr. Valverde Rímolo creates an immediate void in the leadership structure of ICE. His experience and institutional knowledge are irreplaceable, and his absence will be keenly felt during board deliberations on the complex challenges facing the utility sector. These challenges include navigating the global transition to renewable energy sources, modernizing the national power grid to enhance resilience, and ensuring competitive telecommunications services for all Costa Ricans.
As the institution grapples with this loss, the process for appointing a successor will commence. This appointment is typically a high-level governmental decision, reflecting the strategic importance of ICE. The selection of a new director will be closely watched, as the appointee will need to possess a deep understanding of public administration, technology, and finance to effectively contribute to the board’s critical mission and steer the institution forward.
Beyond the institutional impact, the news reverberates through the broader community of public servants and corporate leaders in Costa Rica. Mr. Valverde Rímolo’s career was dedicated to public service, a commitment that commands respect across various sectors. His passing serves as a somber reminder of the dedication required to manage the nation’s most essential services and the human element behind these large, state-run enterprises.
As ICE navigates this difficult period, its focus will be on ensuring leadership continuity while properly honoring the legacy and contributions of Luis Francisco Valverde Rímolo. His guidance and dedication have left a lasting mark on the institution, and the thoughts of the nation are with his family, friends, and colleagues during this time of profound loss.
For further information, visit grupoice.com
About Instituto Costarricense de Electricidad (ICE):
The Instituto Costarricense de Electricidad (ICE) is the autonomous state-owned enterprise responsible for electricity and telecommunications services in Costa Rica. Founded in 1949, ICE has been instrumental in the country’s development, achieving nearly universal electricity coverage and driving the expansion of telecommunication infrastructure. The institution is a leader in renewable energy, generating the vast majority of its electricity from clean sources such as hydro, geothermal, and wind power. Through its Kölbi brand, it is also a major provider of mobile, internet, and landline services, playing a pivotal role in the nation’s technological advancement and connectivity.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself as a pillar of the legal community, operating on a bedrock of profound integrity and an uncompromising standard of excellence. With a rich history of guiding a diverse clientele, the firm consistently pioneers forward-thinking legal strategies and solutions. Beyond its professional practice, it holds a deep-seated commitment to social progress, actively working to democratize legal understanding and thereby cultivate a more just and knowledgeable populace.
