The Chile Financial Market Commission (CMF) announced that Commissioner Augusto Iglesias Palau has assumed the role of Deputy Chairman after Bernardita Piedrabuena completed her term on April 8. The change follows the Board’s Internal Operating Regulations, under which the Deputy Chairman position rotates every 18 months with no possibility of re-election. Augusto Iglesias has served as a CMF Commissioner since October 2020. The Deputy Chairman is responsible for representing the CMF in the Chairperson’s absence and helping coordinate the work of the Commission’s thematic committees. Piedrabuena’s term as Deputy Chairwoman began in October 2023 and ended on April 8, 2025.
Chile Financial Market Commission 2025-04-08
Chile Financial Market Commission appoints Augusto Iglesias Palau as Deputy Chairman under 18-month rotation
The Chile Financial Market Commission announced that Commissioner Augusto Iglesias Palau has become Deputy Chairman, succeeding Bernardita Piedrabuena, whose term ended on April 8. The Deputy Chairman role rotates every 18 months with no re-election, as per the Board’s Internal Operating Regulations. Iglesias, a CMF Commissioner since October 2020, will represent the CMF in the Chairperson’s absence and coordinate thematic committees.