Chancellor Excellency Monsignor Fausto Trávez Trávez, OFM Vice Chancellor Yanez SJ Father Gilberto Freire President of the Superior Council Dr. Hugo A. Reinoso Moon Rector Doctor Leon Fernando Ponce, SJ 1946On July 2, thanks to the efforts of members of the governing body previously formed to direct the University, President of the Republic, Dr. Jose Maria Velasco Ibarra, issued Decree 1228, which authorized the operation of private universities. This decree was published in Official Gazette No. 629 of July 8. Immediately, Father Aurelio Espinosa Polit, SJ, rector of the governing body, was responsible for getting headquarters, financing, teaching staff and to develop curricula.