13 Facts About Mario Marcel

Mario Marcel previously served as Governor of the Central Bank of Chile.

Mario Marcel was named Governor in December 2016 and member of the Bank's Board from October 2015.

Mario Marcel has been a close collaborator to the governments of the centre-left Coalition of Parties for Democracy, and for six years held the position of Budget Director, where he played a key role in the design of the structural surplus rule.

Mario Marcel was the first member of his family to achieve a university degree.

Mario Marcel's parents had to abandon their study projects in order to work and financially sustain their families.

Mario Marcel's father set up a small electric appliances enterprise in the early seventies.

Mario Marcel joined the Center for Latin American Studies as a junior researcher in 1979, while still a university student.

Mario Marcel then progressed as assistant, associate and finally senior researcher.

Mario Marcel served as the deputy director for Public Governance and Territorial Development at the Organisation for Economic Co-operation and Development.

Mario Marcel previously worked at the Inter-American Development Bank where he was executive director for Chile and Ecuador and Manager of the Institutional Capacity and Finance.

Mario Marcel served as deputy director of Rationalization and Public Function in the Budget Division of the Finance ministry of the Chilean government, Executive Secretary for the Inter-Ministerial Committee for the Modernization of Public Administration, Chair of the General Government's Internal Audit Committee and Chair of the Presidential Advisory Committee on Pension Reform.

Mario Marcel was the Budget Director from 2000 to 2006.

Mario Marcel carried out several changes in its management organization and processes, aimed at streamlining decision-making, optimizing processes and contributing to the institutional sustainability.