The Superior Council for Private Enterprise (Consejo Superior de la Empresa Privada, or COSEP) is a leading business chamber in Nicaragua. As of September 2020, its president is Michael Healy, elected to a three-year term. He succeeded José Adán Aguerri, who was COSEP’s President for 13 years. Historically COSEP has been the main organization of Nicaraguan big business, and in the late 20th century was composed of prosperous families from the Pacific coast cities, who dominated commerce and banking. During the Sandinista revolution (1979–1990), COSEP opposed the Sandinistas’ economic policies. Later, in 1990 when the conservative candidate of the National Opposition Union (UNO), Violeta Barrios de Chamorro, defeated Sandinista Daniel Ortega for president, COSEP was part of the alliance of 14 opposition groups that made up UNO. More information...
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