Castiilla de Oro's new governor, Pedro Arias…
1516 CE to 1527 CE
Balboa is arrested, brought to the court of Pedrarias, and executed in 1517.
Pedrarias moves his capital in 1519 away from the debilitating climate and unfriendly natives of the Darien to a fishing village on the Pacific coast.
The natives call the village Panamá, meaning "plenty of fish."