Overview
- Economy Minister Luis Caputo announced the appointment on X on November 3, saying Lew will take up the post shortly.
- Lew fills the vacancy left by Pablo Quirno, who moved from the Finance Secretariat to serve as Foreign Minister.
- The new secretary previously served as BCRA vice president II and director, was CFO of YPF, and held senior roles at JP Morgan and HSBC.
- Lew’s first tests include large peso funding windows, with Treasury auctions flagged around November 26 (about $14.1 trillion) and December 11 (about $12.6 trillion), plus rollover coordination with the BCRA.
- External fronts cited in coverage include a planned 2026 negotiation with the IMF of roughly US$4.5 billion and about US$2.8 billion in global bond maturities, alongside scrutiny of his contested 2023 exit from YPF over fuel shortages.