Particle.news
Download on the App Store

Argentina Formalizes José Luis Pérsico’s Appointment to Banco Nación Board

The move tightens Milei’s control of the state lender to drive a pivot to private credit.

Overview

  • A decree published in the Official Gazette (Decree 20/2026) names Pérsico as director, effective January 7, 2026, with a mandate through January 1, 2028.
  • The same order accepts the December 9, 2025 resignation of director Solana Agustina Pelayo.
  • The change extends a board reshuffle that elevated Darío Wasserman to president via Decree 903/2025 after Daniel Tillard’s exit and added Carolina Píparo by Decree 907/2025.
  • The Presidency says the bank has refocused on private-sector lending and reduced financing of the public sector under the new leadership.
  • The administration’s push to convert Banco Nación into a corporation remains on hold because of a judicial order.