Two international economic publications have hailed Agustin Carstens for his performance as head of Mexico’s central bank.
Euromoney named Carstens the Central Bank Governor of the Year 2013, while Emerging Markets proclaimed the Mexican economist as Central Bank Governor of the Year for Latin America 2013.
Carstens, 55, served as Mexico’s finance secretary from December 2006 to December 2009 and was once the third-ranking official of the International Monetary Fund.
Emerging Markets described the central bank chief as “an architect of macroeconomic and financial stability in his country, a man who skillfully maintained strong support for the new wave of reforms brought by Mexico’s new government.”
Carstens, according to Euromoney, “continues to keep a steady hand on the economy’s tiller, his orthodoxy mixed with pragmatism that is helping to propel the country forward. He remains outspoken about the need for reform at the IMF.”
Mexico proposed Carstens to succeed the scandal-plagued Dominique Strauss-Kahn as head of the IMF in 2011, but the job went ultimately to France’s Christine Lagarde.