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Eduardo Aninat named IMF Deputy Managing Director

Author(s):
International Monetary Fund. External Relations Dept.
Published Date:
January 1999
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“I have been impressed for many years with Dr. Aninat’s grasp of the issues affecting the international economy, as well as with his energy and clarity of purpose in discharging his key responsibilities as the Minister of Finance of one of the most successful economies in the world,” said Camdessus. “His firsthand knowledge of the challenges of policymaking, particularly in a period of international financial volatility that has also affected Chile, will be an invaluable asset for the IMF in its role as economic policy advisor to its member governments. I know he views the opportunities his new position presents with great enthusiasm. I also know of his deep commitment to his country and his ongoing responsibilities in the design and approval of the Chilean budget legislation for the year 2000, which will require him to take his new post only in December of this year.”

Aninat has an M.A. and a Ph.D. in economics from Harvard University, has taught public finance and economic development at the Pontificia Universidad Catolica de Chile (from which he has a B.A. in economics), and was an assistant professor of economics at Boston University. He has been the finance minister of Chile since March 1994. He was the Chair of the Board of Governors of the IMF and World Bank in 1995-96 and served three years as a member of the Development Committee of the World Bank and the IMF, representing a constituency of six countries: Argentina, Bolivia, Chile, Paraguay, Peru, and Uruguay. In that capacity, he has been involved in discussions on initiatives ranging from international policies for heavily indebted poor countries to the proposals for the reform of the international financial architecture.

Prior to that, he served in a range of economic positions in the Chilean government that included chief negotiator for the bilateral Canada-Chile trade agreement and chief debt negotiator and senior advisor of the Central Bank of Chile and the ministry of finance. From 1981 to 1994, he was a principal in Aninat, Mendez y Asociados, one of the largest economic consultancies in Latin America. He has been a consultant for international institutions, such as the World Bank and the Inter-American Development Bank, and has advised a number of governments on matters ranging from tax policy to debt restructuring. In 1989, he was the Latin American coordinator for Harvard University’s International Tax Program. Aninat has been a member of the boards of directors of several private companies and institutions in Chile and abroad. He is currently a member of the board of Fundacion Andes, the largest nonprofit foundation dedicated to providing grants for educational and artistic purposes in Chile.

Aninat is married to Maria Teresa Sahli and has six children.

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