Oct 4, 2004

Argentina's Central Bank PurgeArgentina's President Néstor Kirchner appointed Martín Redrado as the latest head of the country's Central Bank. Redrado becomes the fifth man to head the formerly independent Central Bank since the eviction of Pedro Pou on the eve of the 2001 financial crisis. Kirchner refused to renew the mandate of Redrado's predecessor Alfonso Prat-Gay despite his success in reordering the financial system, stabilizing monetary policy and building bridges to the country's embittered creditors. Redrado has spent much of the last 15 years flitting between public and private sectors, but has nonetheless won a reputation for personal integrity and effectiveness that is rare in government service. Redrado, a Harvard-educated economist and founder of think tank Fundación Capital, was head of trade negotiations at the foreign ministry before moving to the Central Bank. InBev Announces New TeamBelgium-based InBev, formed by the merger of Interbrew and Brazilian brewer AmBev, named its...

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