Enrique Marshall assumes as Vice-chairman of BancoEstado
The former councillor of the Central Bank of Chile will join this financial institution’s Executive Committee as of today.
After being appointed by the President of the Republic, Michelle Bachelet, Enrique Marshall assumes today as BancoEstado’s vice-chairman
The new Executive Committee member holds a degree in Commercial Engineering from the Universidad de Chile and a PhD in Economics from the University of Notre Dame, USA.
Enrique Marshall was appointed Vice-Chairman of the Central Bank of Chile on February 2014, and has been a member of the Bank’s Governing Board since December 2005; he had previously been the general manager of the issuing bank.
Between March 2000 and August 2005, he was Superintendent of Banks and Financial Institutions.
In the course of his career, he has also worked in private banks: Banco de Talca, Banco O’Higgins and Banco Santiago. He has also been a university lecturer and held the post of academic director of the Guillermo Subercaseaux Institute of Banking Studies.
Functions of the Vice Chairman of BancoEstado
The post of vice chairman has the exclusive confidence of the President of the Republic, and has as its main duties:
- Act for the chairman in case of absence, vacancy or any other cause that prevents this officer from performing his duties, without requiring approval from third parties. This subrogation will cover all the functions and faculties of the Chairman, including those which correspond to him by delegation, and
- Take on the functions and duties requested or delegated by the Governing Board and Committee.