Demian Reidel finally has an "official" position in the Government.
Javier Milei announced on Thursday that the 54-year-old economist and physicist, who already worked close to him, will lead an
Economic Council of the President.
It will be a group of economists who - in parallel to the Treasury team that works with Luis Caputo, with whom
Reidel had disagreements
- will advise him in the Casa Rosada, "with the idea of thinking outside the box."
Reidel was
an official during the government of Mauricio Macri.
Among the members of the Council will also be
Ramiro Marra
, who has just been displaced as head of the La Libertad Avanza block in the Buenos Aires Legislature.
In December, when the key positions of the new government were being defined,
Reidel sounded strong for the Central Bank,
a position that ended up being occupied by
Santiago Bausili,
Caputo's former partner in his consulting firm.
"I want to thank Mr. President @jmilei for his trust in putting me in charge of the president's new council of economic advisors. It is an honor and a privilege for me to be able to contribute my efforts to think about the Argentina of the future," Reidel wrote online. social X, after the designation.
From the spokesperson Manuel Adorni to the economist Iván Werning and Sebastián Galiani.
I want to thank Mr. President @jmilei for his trust in putting me in charge of the president's new council of economic advisors.
It is an honor and a privilege for me to be able to contribute my efforts to think about the Argentina of the future.
Thank you @ramiromarra for joining the…
— Demian Reidel (@dreidel1) March 8, 2024
Milei has known Reidel for years, who arrived through
Federico Sturzenegger
.
He was its second vice president and member of the Board of Directors of the Central Bank from 2015 to 2018.
During his mandate he also served as representative of the Central Bank at the G20.
No stranger to the financial world, Reidel was previously a co-founder and portfolio manager at QFR, a global macroeconomic hedge fund based in New York.
His resume shows that he headed Emerging Markets Research at Goldman Sachs in New York and London, and held similar roles at JP Morgan.
In addition, he was a professor at Di Tella University as an expert in asset valuation.
Reidel is also one of the
few economists in Argentina who holds a doctorate in economics from Harvard University,
with a specialization in International Economics and Finance.
And he has a master's degree in Financial Mathematics from the University of Chicago.
He is usually defined as a fundamentalist of the agenda that ends cash and is a
staunch defender of the fiscal order.
Marra's thanks
After the announcement of the new Council, Ramiro Marra also came out to thank the appointment.
"I want to thank President @JMilei for suggesting that I join his Council of Economic Advisors, it is a commitment that I decide to take with great honor and responsibility. We will continue working together to achieve a better Argentina. LONG LIVE FREEDOM!" wrote the former candidate for head of Government of La Libertad Avanza.
I want to thank President @JMilei for suggesting that I join his Council of Economic Advisors, it is a commitment that I decide to take with great honor and responsibility.
We will continue working together to achieve a better Argentina. LONG LIVE FREEDOM!
pic.twitter.com/NlKwQomA80
— Ramiro Marra (@RAMIROMARRA) March 8, 2024
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