The Board decides on the Bank’s monetary and financial policy implementation. It takes part in decisions affecting the monetary and foreign exchange markets; sets general policies related to economic regulations and to financial system growth; establishes the denominations and characteristics of bills and coins; authorizes the opening of new financial or foreign exchange institutions and revokes their authorization to operate, and establishes the rules for the Bank’s organization and management. It also performs all other duties assigned to him by BCRA Charter Sections 14 and 15.
Horacio Tomás Liendo holds a degree in law from the University of Buenos Aires (UBA). He obtained a Master of Laws degree with distinction from Georgetown University. He has attended the Management Development Program at the Business School of Universidad Austral (IAE).
He specializes in banking and administrative law. He has started his career in the law firm Marval, O'Farrell & Mairal, and subsequently worked as in-house lawyer in several financial institutions.