The Board of Directors formulates the Bank’s monetary and financial policy; takes part in any decision affecting the monetary and foreign exchange markets; sets general policies related to economic order and expansion of the financial system; establishes the denominations and characteristics of bills and coins; authorizes the opening of new financial or foreign exchange institutions and revokes their license; lays down rules for organizing and managing the Bank.
It also performs other such duties as are assigned under Sections 14 and 15 of the BCRA Charter.
To replace the First Deputy Governor in the event of temporary absence or when the latter is replacing the Governor (BCRA Charter, Section 13).
The Second Deputy Governor is a member of the Board of Directors.
He holds an undergraduate degree in Economics from Universidad de Buenos Aires (UBA).
Prior to taking up his current position at the BCRA, he worked for more than 20 years at Credit Suisse, where he was appointed CEO for Argentina (2021-2023). His responsibilities included originating, negotiating and executing financing in Argentina, Bolivia, Chile, Ecuador, Paraguay and Uruguay, as well as originating and executing derivative transactions in the Southern Cone, including currency, interest rate and credit derivatives. Previously, he served as Vice President of Emerging Markets Structuring in New York, United States, where he was responsible for executing interest rate, currency and credit derivatives in Latin America, and originating structured loans for clients in Central America and the Southern Cone.
He also was an Investment Banking Associate in Buenos Aires, where he worked on capital markets transactions for clients located in Argentina, Chile and Uruguay, as well as for Credit Suisse clients of the region (2001-2005). Before that, he worked as an Analyst at the risk team at ING Bank NV.