Former Finance Minister starts new today as governor of Bank of Portugal

in News · 20-07-2020 10:00:00 · 0 Comments

Portugal’s former Finance Minister and former President of the Eurogroup, Mário Centeno, starts his new role today as governor of the Bank of Portugal (BdP), after his appointment to the post was approved last Thursday.

His official swearing in ceremony takes place this morning, at the Ministry of Finance, in Lisbon.

Mário Centeno succeeds Carlos Costa, whose second term ended on July 8, after 10 years at the helm of that institution.

The choice of Centeno for the post was controversial, as he transferred almost directly from the Ministry of Finance to the BdP without a hiatus.


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