April 27, 2026 - The Financial Market Commission (CMF) announces that Osvaldo Adasme Donoso took office as new CMF Commissioner until October 2029.

As a result, the institution's board is now composed of Chairwoman Catherine Tornel; Deputy Chairman Augusto Iglesias; and commissioners Bernardita Piedrabuena, Beltrán de Ramón, and Osvaldo Adasme.

Commissioner Adasme holds a degree in Commercial Engineering from the University of Chile and has 35 years of financial market expertise. He has completed specialized studies in project assessment at the University of Chile's Faculty of Physical and Mathematical Sciences, as well as a Master's Degree in Business Administration from the IEDE Business School.

Mr. Adasme joined the former Superintendence of Banks and Financial Institutions (now the CMF) as a Risk Analyst in 1990 and later served as Head of its Analysts Group. Between 1993 and 1997, he was Chief Risk Officer and Deputy Credit Manager in a banking entity, returning to the Superintendence in late 1997 as Head of the Supervision Department.

Throughout his career at the former Superintendence, Mr. Adasme gradually assumed positions of greater responsibility - first as Director of Supervision and later as Supervision Intendant - until March 2021, when he became General Director of Prudential Supervision at the CMF.

The Commissioner has served as a consultant to the International Monetary Fund on Financial Sector Assessment Programs for other countries. He has also provided consulting services on credit risk supervision and economic sector supervision to other supervisory agencies in the region and led training programs on risk management.