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Rodrigo Osvaldo Valdés Pulido (born 26 November 1966) is a Chilean economist and politician who served as
minister of finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
from May 11, 2015 to August 31, 2017 under president Michelle Bachelet.


Education

Valdés has an MBA and degree in economics from the Universidad de Chile as well as a doctorate in economics from the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
(MIT).


Career

Before becoming Minister of Finance, Valdés served as Chairman of the Board of Directors and of the Executive Committee of state-run bank
Banco del Estado de Chile Banco del Estado de Chile (In English: ''Bank of the State of Chile''), commercially operating under the brand BancoEstado, is the only Public Bank in Chile and was created by government decree in 1953. It provides financial services to consume ...
. He also worked as chief economist for the Andean Region and
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
at Brazilian investment bank
BTG Pactual BTG Pactual is a Brazilian financial company that operates in the markets of investment banking, wealth management, asset management, corporate lending and sales and trading. It offers advisory services in mergers and acquisitions, wealth planni ...
(2012-2014); as Deputy Director of the European Department, Deputy Director of the Western Hemisphere Department and mission chief for the United States at the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
(2009-2012); and as chief economist for Latin America at Barclays Capital (2008-2009), among other jobs. Valdés was appointed to the Bachelet government during a political crisis triggered by corruption scandals that, at the time, had seen the President’s popularity ratings sink to record lows. Early in his term as, he embarked on a reform agenda that he saw himself forced to water down shortly after because of an economic slowdown. He also led the government’s efforts to reform the pension system. Along with his deputy Alejandro Micco and economy minister Luis Carlos Cespedes, Valdés resigned shortly ahead of the
2017 elections The following elections occurred in 2017. Africa * 2017 Somali presidential election 8 February 2017 *2017 Gambian parliamentary election 6 April 2017 * 2017 Algerian legislative election 4 May 2017 *2017 Lesotho general election 3 June 2017 *2 ...
; he was replaced by
Nicolás Eyzaguirre Nicolás Eyzaguirre Guzmán (born 3 January 1953 in Santiago) is a Chilean economist, and the former Minister of Education of his country. Previously, he was Chile's Minister of Finance between 2000 and 2006. He is the son of architect Joaquín E ...
. In 2018, IMF Managing Director Christine Lagarde appointed Valdés to the External Advisory Group on Surveillance, a group mandated to review the Fund's operational priorities through 2025.IMF Managing Director Christine Lagarde Names External Advisory Groups for the 2020 Comprehensive Surveillance Review
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
(IMF), press release of October 30, 2018.


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* * {{DEFAULTSORT:Valdes, Rodrigo 1966 births Living people 20th-century Chilean economists Chilean Ministers of Finance University of Chile alumni MIT School of Humanities, Arts, and Social Sciences alumni Party for Democracy (Chile) politicians 21st-century Chilean economists