Luis Caputo

Luis Caputo (born April 21, 1965) is an Argentine economist, designed at the end of 2016 as Minister of Public Finances of Argentina of the government of President Mauricio Macri.

Early life and education

He completed his primary and secondary studies at the catholic and bilingual Cardinal Newman College in San Isidro, Buenos Aires. He graduated with a degree in Economics from the University of Buenos Aires. He has been Professor of Economics and Finance in the Postgraduate course of the Pontifical Catholic University of Argentina. He is the first brother of Nicolás Caputo, an entrepreneur of construction near to Mauricio Macri.

He has served as chief of trading for Latin America at JP Morgan between 1994 and 1998 and the same position for Eastern Europe and Latin America at Deutsche Bank between 1998 and 2003. From that year until 2008 he was president of the Argentine branch of Said bank. He has also been director of an electric distribution company and an administrator of common funds of investment created by him.

Politics

In December of 2015 assumed like secretary of Finances of the government of Macri. During his tenure he played a key role in the negotiation with the hedge funds, where Argentina agreed to pay 9.352 million US dollars, thus reopening the country's debt cycle. With a declared equity of 55.75 million pesos, he is currently the second richest national government member.

On December 26, 2016, after the dismissal of Alfonso Prat-Gay by President Macri, the division of the Ministry of Finance and Public Finance was announced in two, with Caputo being appointed Minister of Public Finance from January 2017.