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2h ago

Argentina Renews Four BCRA Directors Through 2031, Names Van Tooren to BICE

Decrees in the Boletín Oficial install provisional directors subject to Senate confirmation to maintain continuity after prior terms lapsed.

El Gobierno designó a los nuevos miembros del directorio del Banco Central (Imagen ilustrativa).
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Overview

  • Decree 691/2025, signed by President Javier Milei and Economy Minister Luis Caputo, designates four Central Bank directors en comisión.
  • Pedro Juan Inchauspe, Nicolás Marcelo Ferro, Silvina Rivarola and Sebastián Sánchez Sarmiento receive mandates set to run until September 23, 2031.
  • The Executive will seek the Senate’s agreement to formalize the Central Bank appointments under Article 7 of the BCRA’s charter.
  • In a parallel move, Decree 688/2025 appoints Evert Ignacio Van Tooren as BICE director titular ad honorem for the 2025–2026 period.
  • Van Tooren is a UBA-trained economist who served as vice president of BICE Fideicomisos since 2024, signaling continuity following the expiration of prior mandates.