Superintendence and Vice-Superintendence of Financial and Exchange Entities

Within the framework of the general policies set by the Bank’s Board of Directors, the Superintendence of Financial and Exchange Institutions (SEFyC) qualifies financial institutions; cancels the authorization to operate in exchange; approves the regularization and/or reorganization plans of financial institutions; implements and applies the regulatory standards of the Financial Institutions Law issued by the Board of Directors; and establishes the requirements that must be met by the auditors of financial and foreign exchange entities.

The SEFyC reports directly to the president of the Bank.

Both the superintendent and the deputy superintendent also perform their functions and are members of the Board of Directors.

Juan Curutchet | Superintendent of Financial and Foreign Exchange Institutions – Member of the Board

(presidential appointment subject to Senate confirmation)

Lawyer

(Universidad de Buenos Aires)

Master of Laws (LL.M.)

(New York University)

Prior to undertaking his current position at the BCRA, Juan Curutchet served as President of Banco de la Provincia de Buenos Aires, Director of Prisma SA, President of Provincia Microcréditos SA, Vice President of Banco de la Ciudad de Buenos Aires, Director of Red Link SA, President of Ciudad Microempresas SA and President of the Latin American Association of Development Financing Institutions (Asociación Latinoamericana de Instituciones Financieras para el Desarrollo, ALIDE).

He was partner in the law firm Curutchet – Odriozola; foreign associate at Vinson & Elkins in Houston and at Howrey & Simon in Washington (United States).

He is a former director and member of the Bar Association of the City of Buenos Aires (Colegio de Abogados de la Ciudad de Buenos Aires). He is also a member of the Bar Association of the City of Buenos Aires (Colegio Público de la Abogacía de la Capital Federal, CPACF), the Bar Association of San Isidro and the American Bar Association. He had previously worked as General Secretary of the Assembly of Representatives of the Lawyers’ Social Security Fund (Asamblea de Representantes de la Caja de Seguridad Social de Abogados de Buenos Aires, CASSABA), representative of the General Assembly of CPAF, academic advisor for the graduates senate at the Board of Directors of the Law School at UBA and General Secretary of the University Federation of Buenos Aires (Federación Universitaria de Buenos Aires, FUBA).

Nicolás Marcelo Ferro | Deputy Superintendent of Financial and Foreign Exchange Institutions – Member of the Board

(presidential appointment subject to Senate confirmation)

Bachelor of Economics

(Universidad Católica Argentina)

Prior to taking up his current position at the BCRA, Nicolás Ferro served as Director of Finance in the project Special Purpose Acquisition Company (SPAC), and advisor on funding rounds to Fintech companies.

In the course of his career, he held several positions at JP Morgan, where he led Transaction Banking for Latin America, which includes Foreign Trade, Treasury and Acquiring Services. He also led Investment Banking for Argentina and Corporate Banking for Argentina, Peru and Chile. Moreover, he was part of the Risks department for Latin America in Buenos Aires. In New York, he was credit advisor for Latin America and for the transport industry in the United States of America.