Governorship and Deputy Governorship

The Governor is the first executive authority that manages and represents the BCRA. He is responsible for ensuring compliance with the BCRA’s Charter, Board resolutions, and national laws; and he calls for and chairs the Board meetings.

The Deputy Governor performs the duties as assigned or delegated by the Governor and substitutes the latter in case of absence, impediment or vacancy

Santiago Bausili | Governor

(presidential appointment subject to Senate confirmation)

autoridades bausili santiago

Bachelor of Economics

(Universidad de San Andrés)

As regards his professional background, he worked for J.P. Morgan (11 years) and for the Deutsche Bank (9 years). He lived in New York for 17 years while working for these institutions. He was responsible for financing in international capital markets for private sector companies and governments in Latin America, the design of hedging strategies for financial risks through derivative instruments, and the structuring of private financing. He participated in negotiations with customers from most Latin American countries, especially from the Andean countries of the region and the Southern Cone.

Before taking up his current position at the BCRA, he held several positions in the public sector, such as Secretary of the Ministry of Finance/Ministry of the Treasury of Argentina (2017-2019), and Undersecretary of Financing at the Ministry of the Treasury and Public Finance (2016).

He also worked as a consultant on macroeconomic and financial issues particularly focusing on the Argentine context (2020-2023).

Vladimir Werning | Deputy Governor

(presidential appointment subject to Senate confirmation)

autoridades werning vladimir

Bachelor of Economics

(Universidad Torcuato Di Tella)

Prior to taking up his current position at the BCRA, he was Executive Director at Latin Securities SA, in Buenos Aires, where he dealt with fixed-income markets and credits.

In the public sector, he held several positions, such as Undersecretary of Economic Analysis and Coordination reporting to the Office of the Chief of the Ministerial Cabinet of the Argentine Presidency, where he coordinated the economic, macroeconomic and productive cabinets, and the drafting of laws and decrees together with the Ministry of the Treasury and Public Finance, the Federal Administration of Public Revenue (Administración Federal de Ingresos Públicos, AFIP), the National Securities Commission (Comisión Nacional de Valores, CNV) and the Superintendence of Insurance (Superintendencia de Seguros de la Nación, SSN). He further served as representative of the Chief of the Ministerial Cabinet before the Committee of Investments of the Sustainability Guarantee Fund at the Argentine Social Security Administration (Administración Nacional de la Seguridad Social, ANSES). He was also the Head of the Advisors Unit of the Economic Policy Secretariat at the Ministry of the Treasury and Finance, and representative of the Ministry of the Treasury and Public Finance before the Board of the BCRA, and before ANSES’ Council for the Procrear Program.

In the private sector, he worked at JPMorgan Securities in New York, as Executive Director, and as Chief Economist for Latin América, further advising the Executive Board of the International Monetary Fund, the U.S. Treasury Department, the New York Federal Reserve, and the Inter-American Development Bank. He had previously held the position of Vice President at JPMorgan Bank and Chief Economist for the Southern Cone in Buenos Aires.

He is a participating member of the Committee of Sovereign Risk Management of the Institute of International Finance in Washington DC. He was guest lecturer at the Council of Foreign Relations, Council of the Americas, Center for Strategic and International Studies, Emerging Markets Traders Association, the U.S. Chamber of Commerce, the Latin America Banking Federation, and the Argentine Institute of Finance Executives. He was assistant professor in International Trade and Finance at Universidad Torcuato Di Tella and guest lecturer at New York University, Columbia University, Duke University and Petersen Institute for International Economics.

Baltasar Felipe Romero Krause | Alternate Deputy Governor – Member of the Board

(presidential appointment subject to Senate confirmation)

Romero Krause web WP

Bachelor of Economics

(Universidad de Buenos Aires)

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.