Agustin Carstens

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 Agustin Carstens
Agustin Guillermo Carstens Carstens was born in Mexico City, on June 9, 1958. He received his B.A. in economics from the Instituto Tecnológico Autónomo de México in 1982. One year later he received the 1983 Tlacaelel National Prize in Economic Consulting from Consultores Internacionales, S.C.. That same year he obtain his M.A. and later in 1985, his Ph.D. in economics, both from the University of Chicago. He also won the 1985 National Research Prize in Economics from Banco Nacional de Mexico, S.A.Throughout his professional life, Carstens has been involved in economic policymakers in Mexico and as a senior official at the International Monetary Fund (IMF).

Dr. Carstens began his professional career in 1980 in the Banco of Mexico. He has been in top level positions such as the central bank’s International Affaris Department, first as Foreign Exchange and later as Deputy Manager and Manager of the Foreign Exchange and Market analysis Department. With only 31 years of age he became the central bank’s International Treasurer. It did not take long for Carstens to become the Treasure of Banco de Mexico, and in June 1991 he was already managing the central bank’s reserves, the money market operations through public debt securities, and Banco de Mexico’s interventions in the foreign exchange and money markets. Later in 1994 he was named Head of Economic Research of Mexico’s central bank until 1999.

Carstens left the Mexian central bank in 1999 to work as an executive director at the IMF, but immediately in 2000 he returned to Mexico as the deputy finance chief of the incoming President Vicente Fox. But on August 2003 he was appointed Deputy Managing Director at the International Monetary Fund, and was responsible for handing the IMF’s relationship with more than 70 member countries. On October 2006, he was invited by Mexico’s elected President Felipe Calderon to join his transition cabinet as Chief Economic Coordinator, where he was in charge of...
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