Commissioner Juan Esteban Laval Zaldívar

Mr. Laval holds a law degree from Diego Portales University and a Master's Degree in Public Policy from Georgetown University, with a specialization in economics, statistics, and administration. Beginning in May 2014, he served as Prosecutor for the Association of Banks and Financial Institutions (ABIF, for its Spanish acronym) and was Chief Legal Counsel for the Central Bank of Chile between 2004 and 2012.

As Prosecutor at the ABIF, Mr. Laval provided corporate advisory services and counsel on banking and financial regulation. He participated in the drafting of bills in Congress related to the financial industry, such as the General Banking Act (2019); the Act that created the CMF; amendments to the law on the liability of payment instrument issuers; and the law on non-bank payment card issuers. He also made presentations during public consultation processes for regulations issued by the Central Bank and the Financial Market Commission.

At the Central Bank, Mr. Laval advised the Board on international foreign exchange transactions, financial operations, and the management of international reserves, as well as participating in negotiations of free trade agreements on matters related to the institution. Mr. Laval also consulted on the development and implementation of the Economic and Social Stabilization Fund and the Pension Reserve Fund, and the issuance and placement - both domestically and internationally - of bonds issued by the Republic of Chile and the Central Bank.