Guido Sandleris (born 11 May 1971) is an Argentine economist who was President of the Central Bank of Argentina.
Early life and education
Sandleris was born to a middle-class
Jews family in
Buenos Aires,
Argentina. His grandfather had immigrated from Lithuania.
He graduated from the University of Buenos Aires, received a masters from the London School of Economics, and holds a doctorate from Columbia University.
[Nicolas Misculin (September 25, 2018), Argentina names Sandleris as new central bank chief - statement Reuters.] He taught Economics at Johns Hopkins University and Torcuato di Tella University.
Private sector
In the private sector, he carried out consulting and research work for the
World Bank, the Inter-American Development Bank, the General Treasury Office and in investment banks and Latin American governments in general.
Public sector
He was an advisor to the Minister of Economy José Luis Machinea (1999-2001).
Before taking charge of the Central Bank of Argentina in September 2018, he served as Secretary of Economic Policy of the Ministry of Treasury since 2016.
Central Bank of Argentina
He assumed the presidency of the Central Bank of Argentina after the resignation of
Luis Caputo at an extremely difficult time.
As of October 2018, it implemented a strict monetary scheme that included a contraction plan for the monetary base based on high interest rates (from 60% to 70%).
He launched the Liquidity Letters, a tool from the Central Bank to limit the amount of money circulating in order to reduce inflation.
In his administration, he applied exchange bands where the american dollar could float freely.
After this new devaluation, he restricted the purchase of foreign currency by companies, and limited the purchase of dollars by individuals to a maximum of US $10,000 per month. After the october general election, restrictions restricted the purchase of dollars to 200 per month.
He presented his resignation from the Central Bank with an inflation rate of 53% a few days before Alberto Fernández's arrival.
Other activities
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Financial Stability Board (FSB), Ex-Officio Member of Standing Committee on Assessment of Vulnerabilities (since 2018)
[ Members of Standing Committee on Assessment of Vulnerabilities Financial Stability Board (FSB).]
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Central American Bank for Economic Integration (CABEI), Ex-Officio Alternate Member of the Board of Governors (since 2018)
[ Board of Governors Central American Bank for Economic Integration (CABEI).]
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Inter-American Investment Corporation (IIC), Ex-Officio AlternateMember of the Board of Governors (since 2018)
[ Board of Governors Inter-American Investment Corporation (IIC).]
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International Monetary Fund (IMF), Ex-Officio Alternate Member of the Board of Governors (since 2018)
[ Members International Monetary Fund (IMF).]
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World Bank, Ex-Officio Alternate Member of the Board of Governors (since 2018)
[ Board of Governors World Bank.]
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Multilateral Investment Guarantee Agency (MIGA), World Bank Group, Ex-Officio Alternate Member of the Board of Governors (since 2018)
[ Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.]
