Martín Inthamoussu took over as vice president of the BCU to continue the monetary policy

Martín Inthamoussu took over as vice president of the BCU to continue the monetary policy

August 16, 2024 – 21:32

The leader joins Washington Ribeiro’s administration after the approval of Parliament and President Luis Lacalle Pou.

Martin Inthamoussu He joined this Friday as vice president of the Central Bank of Uruguay (BCU) and expressed its willingness to “give continuity” to the monetary policy of the entity that he presides over Washington Ribeiro, after the departure of Diego Labat.

Inthamoussu, which received the approval of the Senate and then obtained the president’s blessing Luis Lacalle Pou, He sent a nod to Ribeiro and stressed that “it is an honor to accompany the management of the current Board of Directors that has achieved a significant reduction in the inflation, In addition to the push for the modernization of the financial and payment system in Uruguay”.

“I feel honored to serve the country as a member of the Board of Directors of the Central Bank. It represents a pleasant responsibility, as it is a highly professional institution, the product of the work of its officials and more than five decades of institutional maturity,” said the new leader.

Inthamoussu participated this afternoon for the first time in his current role in the meeting of the Copom, which was in turn the first meeting chaired by Ribeiro, where the BCU decided to maintain the interest rates by 8.5%.

The work and academic profile of the vice president of the BCU

Inthamoussu had been serving as Advisor to the Presidency of the BCU since 2020, while previously he was an advisor to Labat when he was director of Ancap.

The BCU vice president also held management positions in private pension fund management companies, investment funds and private banking.

Regarding his academic profile, he has a degree in Business Management and Administration from the University of Montevideo (UM) and MBA from the Torcuato di Tella University of Argentina, while he also completed the Public Governance and Innovation Program taught by CAF -development bank of Latin America and the Caribbean-, UM and George Washington University; and the Financial Services Innovation Program of the University of San Andrés, Argentina.

Source: Ambito

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