Chodos Replaces MacLaughlin

Lawyer Sergio Chodos, currently at law firm Bruchou, Fernández Madero, Lombardi & Mitrani, will become Argentina’s new secretary of finance on December 1. He replaces Alfredo MacLaughlin, who resigned last week for health reasons after a year in the post. The first task facing Chodos will be to restart debt repayment talks with the Paris Club group of lenders. The 36-year old Chodos was involved with the debt restructuring program in 2005 and served as an advisor to the finance ministry from June 2003 until March this year. He specializes in capital markets and banking law and has worked at several law firms in the US.