Martín Redrado is a rare blend of thinker and international policy maker, specialized in emerging markets.
He is professor of International Economics at Catholic University of Buenos Aires and the Chairman of Fundacion Capital, a leading institution focused on economic research and public policy design. He is also partner at MR Financial Services, a consulting firm regarding advisory on financial ventures and strategists in emerging markets.
Nowadays, he spends quite of his professional time as a frequent lecturer on several forums throughout Asia, Europe, United States, Africa and Latin America, regarding topics such as Global Economics & Emerging Markets, Finance & Investing and Economic Forecasts
From 2004 to 2010 he served as Governor of the Central Bank of Argentina. He set up the monetary and financial framework that steered the country out of the worst economic crisis in its history. Moreover, his policies and determination were instrumental in allowing Argentina to overcome successfully the world financial collapse of 2008-2009.
He took the first steps in his professional career in 1985 as a member of Jeffrey Sachs’ team, implementing the Bolivian stabilization program. In the following five years, he worked in the United States, for Salomon Brothers, where he provided advisory services during the privatization and initial public offerings of British Airways, British Gas and Compagnie Financière de Suez and helped arrange the first placement of warrants of a Spanish company on the international market. He was also a Managing Director at Security Pacific Bank, where he directed the Employee Stock Ownership Program for Enersis (Chile) and the placement of major Mexican private companies’ eurobonds on international capital markets and provided consultancy services for the restructuring of Teléfonos de México SA. He also swapped over $2 billion in LDC debt for equity in Brazil, Chile, Argentina and Mexico.
While he pursued his private sector career, he was invited by the Government on several occasions to act as a civil servant. In 1991 he was appointed Chairman of the Securities Commission where, among other achievements, he designed the new regulatory framework for the domestic capital market. He was elected Chairman of the International Organization of Securities Commissions (IOSCO)’s Emerging Market Committee. In 1994 he founded the Fundación Capital, an institution devoted to economic research and public policy design. As Chief Economist of Fundación Capital, until 2001, Redrado has created a Center of Economic Research that provides current research on trends and prospects in the global economy.
Between January 2002 and September 2004 he was the Trade Representative of Argentina. In this post, he developed a multipolar strategy, allowing the country to conclude trade agreements with several countries.
He is the author of several books: “Time of challenges” (1994) and “How to survive globalization” (1999), which describes the globalization of Argentina’s economy and sets out a path to maintain growth in the next century; ““Exporting for growth” (2003) which explains the development of an export-oriented economy in Latin America, and the recently published “No reserves, a limit to absolute power” (2010) in which he explores the nuances of policy-making in emerging economies, and also gives a compelling account of how his career was jeopardized when he took a stand against reckless policies.
