Sturzenegger was president of the central bank in 2015-2018, during the government of Mauricio Macri. He also was Secretary of Economic Policy during the administration of Fernando de la Rúa and resigned on November 20, 2001, shortly before one of the worst economic and social crises in the country's history.
Federico Sturzenegger, an economist, will occupy a newly created ministry linked to Argentina's economic deregulation, the new chief of staff, Guillermo Francos, announced on Tuesday, a day after the departure of two government members.
"Federico Sturzenegger is going to join the national cabinet as a minister in an area that will have to do with the country's economic deregulation (...) I think it is a very important addition," said Francos, who took over as head of cabinet on Tuesday, replacing Nicolás Posse.
The name of the ministry that Sturzenegger will lead has not been decided yet, but Francos is expected to provide more details at a press conference scheduled for 10:30 a.m. local time (13:30 GMT.)
Francos was Minister of the Interior until Monday and he now will absorb the powers of that ministry as Chief of Staff through the Secretariat of the Interior, headed by Lisandro Catalán, the government of ultra-liberal President Javier Milei reported on Tuesday in the Official Gazette.
Sturzenegger was president of the central bank in 2015-2018, during the government of Mauricio Macri. He also was Secretary of Economic Policy during the administration of Fernando de la Rúa and resigned on November 20, 2001, shortly before one of the worst economic and social crises in the country's history.
The Milei government seeks to deregulate the economy through two laws that are currently discussed in the senate.
On Monday, lawyer Silvestre Sívori, who was in charge of the Federal Intelligence Agency (AFI), also resigned. The government has not yet announced his replacement.
Sturzenegger has been linked to the Milei administration as a close advisor, appearing in cabinet photos, and is considered the mastermind behind the decrees issued in December 2023 to deregulate the economy.
