Centeno chooses former Treasury Secretary to head of cabinet at Banco de Portugal

12-09-2020
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The governor of Banco de Portugal (BdP), Mário Centeno, chose his former Secretary of State for the Treasury, Álvaro Novo, as chief of staff. The former governor left the Government when Mário Centeno left and had returned to the position of technical adviser to the regulator, which he has exercised since 2001, but will now lead the institutional relations of the BdP with the Executive and Parliament.

Jornal Económico questioned the BdP, but until the publication of this article it was not possible to get an answer. However, the name of Álvaro Novo already appears, however, in the institution's organizational chart.

The Governor's support office “provides technical support” to Mário Centeno and this is where contacts with the Executive, the Assembly of the Republic and other institutions pass, with the current Governor choosing a man he trusts.

Before assuming the portfolio of Secretary of State for the Treasury in 2017, with the development of the portfolio that Mourinho Félix held, Álvaro Novo was chief economist in the cabinet of the Minister of Finance, with whom he had previously worked at the BdP. He was a visiting associate professor at ISEG, University of Lisbon and IMS, Universidade Nova and between 2008 and 2012 he was also chairman of the working group on labor market statistics, at the Higher Statistics Council.

The governor of Banco de Portugal (BdP), Mário Centeno, chose his former Secretary of State for the Treasury, Álvaro Novo, as chief of staff. The former governor left the Government when Mário Centeno left and had returned to the position of technical adviser to the regulator, which he has exercised since 2001, but will now lead the institutional relations of the BdP with the Executive and Parliament.

Jornal Económico questioned the BdP, but until the publication of this article it was not possible to get an answer. However, the name of Álvaro Novo already appears, however, in the institution's organizational chart.

The Governor's support office “provides technical support” to Mário Centeno and this is where contacts with the Executive, the Assembly of the Republic and other institutions pass, with the current Governor choosing a man he trusts.

Before assuming the portfolio of Secretary of State for the Treasury in 2017, with the development of the portfolio that Mourinho Félix held, Álvaro Novo was chief economist in the cabinet of the Minister of Finance, with whom he had previously worked at the BdP. He was a visiting associate professor at ISEG, University of Lisbon and IMS, Universidade Nova and between 2008 and 2012 he was also chairman of the working group on labor market statistics, at the Higher Statistics Council.

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