Rodrigo Osvaldo Valdés Pulido (born 26 November 1966) is a Chilean economist and politician who served as

minister of finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...

from May 11, 2015 to August 31, 2017 under president

Michelle Bachelet Verónica Michelle Bachelet Jeria (; born 29 September 1951) is a Chilean politician who served as President of Chile from 2006 to 2010 and again from 2014 to 2018, becoming the first woman to hold the presidency. She was re-elected in December ...

Education

Valdés has an

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

and degree in economics from the

Universidad de Chile The University of Chile () is a public research university in Santiago Santiago (, ; ), also known as Santiago de Chile (), is the capital and largest city of Chile and one of the largest cities in the Americas. It is located in the co ...

as well as a doctorate in economics from the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

(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, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

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 pla ...

(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 funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(2009-2012); and as chief economist for Latin America at

Barclays Capital Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...

(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 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 *2017 Republic of the Congo parliamentary electi ...

; 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 Christine Madeleine Odette Lagarde (; , ; born 1 January 1956) is a French politician and lawyer who has been the President of the European Central Bank since 2019. She previously served as the 11th Managing Director of the International Monetar ...

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

(IMF), press release of October 30, 2018.

Notes

References

External links

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