Chilean José Luis Daza joined as deputy minister of Luis Caputo and would be appointed this week

zzzznacp2ARGENTINE NEWS BAIRES, JUNE 14: Photograph of Chilean economist José Luis Daza who will replace the Vice Minister of Economy, Joaquín Cottani, who will resign at the end of the month. Photo NAzzzz

The economist Jose Luis Daza He began working in recent days at the Ministry of Economy, where he will be the deputy minister of Luis Caputoa formal designation that would be made official this week, according to official sources.

In this way, the head of the Treasury continues the formation of his work team, which in recent weeks had the arrival of the former executive director of IDEA as a novelty. Daniel Gonzalez as coordinating secretary for Energy and Mining. The Economy cabinet will be completed with another coordinating secretary for Infrastructure in the hands of Martín Maccarone.

Daza will replace in his position Joaquin Cottaniwho left his post at the end of June. Born in Buenos Aires but of Chilean nationality, He is a long-time Wall Street executive, where he shared duties with Luis Caputo at Deutsche Bank and JP Morgan. In the latter position he was head of Emerging Markets.

In addition to being an economist, he is a man of the market: he was one of the founders in 2007 of the investment fund QFR Capital Management together with Demián Reidelthe head of the president’s council of economic advisers Javier Mileyalready David Sekiguchi, Kristen Boyle and other investors.

Daza has already begun working at the Ministry of Economy, although his formal appointment will take place this week. Caputo had already added two coordinating secretaries to complete his cabinet.

Daza, 65, graduated as an economist at the University of Chile and as a doctor in Economics from the Georgetown University, in Washington. In the public sphere, he was the representative of the Central Bank of Chile in Asia, based in Tokyo. His name sounded like candidate for the position of Minister of Economy of Chile during the 2021 election campaign if the far-right candidate had won José Antonio Kastwith whom he maintains political ties.

According to sources from the Ministry of Economy, Daza has already begun his duties as Caputo’s second in command at the Ministry of Finance and his appointment will be made official this week. In the coming weeks, the minister will have, as part of his economic program, a key negotiation with the International Monetary Fund for a new agreement that includes financing, an event that would take place closer to October.

Daniel González, seated to the left of Javier Milei, already works as the coordinating secretary of Energy and Mining at the Ministry of Economy

Caputo will also officially appoint in the coming days the executive director of IDEA and former CEO of YPF, Daniel Gonzalez, as Deputy Coordinating Minister from the areas of Energy and Mining. “González will be the coordinating deputy minister of energy and mining. Eduardo Rodriguez Chirillo He remains as Secretary of Energy. He is an excellent addition and very complementary to Chirillo and Lucero. [por Luis Lucero, secretario de Minería]”, official sources explained.

The executive, a member for three years of the top brass of IDEA – the CEO organisation that organises the traditional Colloquium every year and acts as a business entity that prepares proposals for all governments in different areas of the economy – will have particular influence over the energy and mining area for his career in the sector.

In the coming weeks, the minister will have a key negotiation with the International Monetary Fund for a new agreement as part of his economic program.

González has a degree in Business Administration from the Catholic University of Argentina (UCA). He joined YPF in 2012 after the company was nationalized and held various positions. He was the firm’s CFO for years and later served as interim CEO. Before joining the oil company, he worked at Merrill Lynch/Bank of America in Buenos Aires and New York.

Meanwhile, Martín Maccarone, who will be the coordinator of the areas of Infrastructureis a long-standing businessman in the construction sector. “He will be in charge of everything related to infrastructure, public works, transportation and housing. He has been in the ministry since last week, but has not yet been officially announced,” reported the Nation.

Maccarone graduated in industrial engineering from ITBA University and obtained a Master’s degree in Corporate Finance from the University of CEMA. Since 2001 and until now, he has served as director of Coinsa Construcciones SA