“It won’t be closed while I’m there,” says future president of Argentina BC.

The future head of Argentina’s central bank, Santiago Boselli, said the monetary authority would not close while he was there.. The country’s president-elect, Javier Miley. It had said in November that it planned to close central bank.

Boselli also announced that one of his main goals would be to restore independence to the bank.

Miley appointed Boselli to lead the central bank on December 6. The name still needs to be approved by the Argentine Senate.

Who is Santiago Boselli?

Boselli holds a degree in economics from the University of San Andrés and served as Undersecretary of Finance from 2016 to 2017, during the presidency of Mauricio Macri (2015-2019). He then served as Minister of Finance until December 2019. He specializes in capital markets financing and financial risk management.

In the private sector, the economist is a partner of Luis Caputo, the future Argentine economy minister, at the consulting firm Anker LATAM. He also worked for more than 10 years at JP Morgan and at Deutsche Bank in New York for 9 years.

According to the ClarinBoselli was sued in 2021 for allegedly benefiting Deutsche Bank in foreign debt negotiations. However, the Federal Chamber of Buenos Aires canceled the judicial process on Tuesday (December 5).