The Board decides on the Bank’s monetary and financial policy implementation. It takes part in decisions affecting the monetary and foreign exchange markets; sets general policies related to economic regulations and to financial system growth; establishes the denominations and characteristics of bills and coins; authorizes the opening of new financial or foreign exchange institutions and revokes their authorization to operate, and establishes the rules for the Bank’s organization and management. It also performs all other duties assigned to him by BCRA Charter Sections 14 and 15.
Demian Reidel obtained an undergraduate degree in Physics from Instituto Balseiro, a Master of Science in Financial Mathematics from the University of Chicago, and a PhD in Economics from Harvard University.
He began his career in the financial sector conducting research work in the field of emerging markets at JP Morgan. He was later in charge of the area of external debt strategy for emerging markets at Goldman Sachs. He co-founded QFR Capital Management, a financial asset management company located in New York, which is focused on global macro opportunities.
In the academic field, Reidel was a professor of graduate courses in Finance at Universidad Torcuato Di Tella (UTDT).