Ex-JPMorgan Banker Confirmed as Argentina's Finance Minister
- New government to create an energy and mining ministry
- Prat-Gay served as central bank president from 2002-2004
Alfonso Prat-Gay.
Photographer: Jay Mallin/BloombergThis article is for subscribers only.
A former JPMorgan Chase & Co executive and central bank president, Alfonso Prat-Gay, will be Argentina’s new finance minister, responsible for rolling back a decade of state intervention in the economy.
The new government, due to take office Dec. 10, will also create an energy and mining ministry to be headed by Juan Jose Aranguren, former chief executive officer of Shell Argentina, Cabinet Chief Marcos Peña told reporters Wednesday.