Bloomberg News

Chile Proposing Herrera for Central Bank Board, La Segunda Says

January 03, 2012

Jan. 3 (Bloomberg) -- Chile’s government has proposed promoting the central bank’s research director Luis Oscar Herrera to the bank’s board, La Segunda reported, citing Christian Democrat Senator Hosain Sabag.

Christian Democrats in the Senate, which must approve the government’s nominee to the board, wouldn’t support Herrera and instead want a member of their party to become a policy maker, the Santiago-based newspaper reported.

--Editors: Philip Sanders, Harry Maurer

To contact the reporter on this story: Randall Woods in Santiago at rwoods13@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.


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