商業快報

Argentina’s Javier Milei names moderate ex-trader as economy minister

Markets boosted by choice of Luis Caputo, former finance minister from centre-right bloc

Argentina’s hard right libertarian president-elect Javier Milei has named a former finance minister from the country’s mainstream centre right as his economy minister, in a conventional choice that has boosted markets wary of Milei’s radical image.

Luis Caputo ran Argentina’s finance ministry and then briefly its central bank from 2017 to 2018 under conservative former president Mauricio Macri, who once called him “the [Lionel] Messi of finance”.

A former trader who worked at JPMorgan and Deutsche Bank, Caputo is known for close ties with Wall Street and Buenos Aires’ banking sector.

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