Larraín New Chile Securities Regulator

Guillermo Larraín is to be the new head of Chile’s securities and insurance regulator, SVS, replacing Alberto Etchegaray who resigned last week. Larraín, an economist, was in charge of coordinating economic policy at the minister of finance and was responsible for the regulation of the pensions fund administrators between 2003 and 2006. He will take over the post as head of the SVS on May 14.