The entity’s executives were not able to increase their salaries as the assembly does every year. After that, his owner resigned.
In the last few hours it was learned that the Minister of Economy, Luis Caputo, stopped an increase in the salaries of the directors of the Investment and Foreign Trade Bank (BICE)which would have triggered the resignation of its president Juan Manuel Troncosojust over three months after being appointed to the position.
Although there are crossed versions, the truth is that The BICE board had to discuss the salary increase in the salaries of executivessomething that is done every year but in the end the topic was not addressed.
With stealth, the Ministry of Economy seeks to align the parities of the different sectors to falling inflationand in that context he does not welcome the fact that official entities decide on increases for managers.
From Caputo’s entourage they clarified that Troncoso’s departure “It has nothing to do with it” with the Government’s refusal to enable salary increases, according to La Nación. “He came to clean up the accounts and now he is returning to the private sector. “His resignation was already planned.”maintained the same sources.
The truth is that like a butterfly effect, the Government’s decision to keep salary increases in the public sector at bay generates discomfort among officials who in many cases prefer to return to the private sector.
Source: Ambito
