Buenos Aires - February 27, 2026 - Total News Agency - TNA — The Minister of Economy, Luis Caputo, confirmed this Friday a change in a sensitive area of the economic team: the current director of the Central Bank of the Argentine Republic (BCRA), Federico Furiase, will assume as the new Secretary of Finance, replacing Alejandro Lew, who resigned “for personal reasons”. In practice, the Secretariat of Finance is a key office for the daily engineering of the Treasury: it administers the auction calendar, the profile of maturities, the rollover strategy, and the coordination with banks and market agents. In a public message, Caputo thanked Lew for his work, remarking that although he is leaving his formal position, he will remain close to the team “collaborating” on tasks in line with his experience. In a context of demanding real rates, permanently adjusting curves, and political sensitivity to any exchange rate noise, the government seeks that the change does not alter the pulse of the strategy: operational continuity, a control message, and centralized management from the Ministry of Economy. This movement also reorders the internal board between the Ministry of Economy and the BCRA. Furiase arrives from the central bank's board of directors, and therefore, his move leaves a vacant seat at a table where delicate issues are discussed: monetary policy, financial regulation, and coordination with the Treasury. The priority, according to the signal transmitted by Caputo, is to maintain the course of the economic program, avoid unnecessary uncertainty, and sustain a narrative of professional management in an area that is often a thermometer of confidence. In the ruling coalition, this move is interpreted as a positive point: an official who knows the ins and outs of public financing and, at the same time, understands the “timing” of the monetary authority. Lew's departure, however, drew attention due to the short time elapsed since his arrival: he had taken office in November 2025, after the departure of Pablo Quirno, and his tenure was marked by a period of high technical demand, with pressure on the financing front, coordination with the BCRA, and the need to maintain a fiscal path that the ruling coalition presents as the backbone of the program. With the appointment of Furiase, Caputo is betting on a profile already integrated into the core of decision-making since the beginning of the administration. In the market, however, the focus is usually on a concrete question: who will occupy the vacant chair and if there will be changes in the fine coordination between debt, pesos, and liquidity. Regarding the profile of the new secretary, Federico Furiase is a graduate in Economics from the University of Buenos Aires (UBA) and has an extensive career in macroeconomic consulting and finance. In the private sector, he worked on situation analysis and economic-financial advice, combining this path with sustained academic activity.
