Biography

MARIELA ITURRIAGA VALENZUELA  Is Division Director of Administration and Technology since January 2019. Previously,  she was Manager of  Operations and Payment Systems  as from November 2010. She joined the Bank in April 2005 as Head of the Capital Market Department and since then she has coordinated and edited the Financial Stability Report. She was also Head of the Companies Group in the Financial Stability Area, being responsible for overseeing and monitoring the nonfinancial companies sector and she spearheaded various new projects such as the compilation of Financial Soundness Indicators, an IMF project; the adoption of International Financial Reporting Standards (IFRS) for nonfinancial companies, jointly with the SVS (Superintendence of Securities and Insurance); and the implementation of the Transparency Law in the Central Bank.
 
Prior to joining the Bank, Mrs. Iturriaga had been a stock market senior analyst since 1999, firstly with Celfín Capital (1999-2001) then head of the Studies Department of BBVA Stockbrokers (2001-2005). She was in charge of making company reports for the United States and Europe, working with foreign investment funds, institutional investors and individuals and with local companies of the sectors within her competence.
 
She had previously worked for the Asset Chile investment bank (1996-1999), taking part in several projects relating to the corporative sector, and for Fontaine and Paul Associated Consultants (1993-1995), being responsible for preparing economic assessments and as member of the team of financial consultants making macroeconomic forecasts and analyses.
 
From 1986 to 1993, she worked in the Research Department of the Central Bank, firstly as studies analyst and later as Head of the Monetary Area. Here she was responsible for preparing the fortnightly Economic and Financial Report and the reports made to pertinent authorities, analyzing the Central Bank’s currency evolution, interest rates and cash flows, and preparing the Central Bank’s monetary projections and balance.
 
Mrs. Iturriaga graduated in Business Studies with mention in Economics and holds a Master in Economics of the Pontifical Catholic University of Chile, when she was also awarded the Raúl Yver prize as the best Economics graduate in her year.