Employment Hollywood Development Department
He was executive chairman of the Foundation Frei until 1994. The runs a successful family of funds, overseen by CEO That year he was appointed by Health Minister investment manager Eduardo Frei Ruiz-Tagle, a post that has traditionally been occupied by doctors and left in 1996 to assume the chairmanship of the Central Bank.
Nominated by Frei after the resignation of Roberto Zahler, faced the first rejection by the Senate of Chile made an appointment to such after the return to democracy (against 21 investment portfolio in favor versus 20). movie producer However, his name came to be presented to the Ribotsky Senate, on achieving the second-chance voting requirements for director (23 votes in favor, two against and one abstention).
Its mandate expired in December 2002, but President Ricardo Lagos confirmed in office by a new period, until the year 2007 .
Until then the biggest problem faced by Massad was the Asian crisis, which led to a contraction of the economy and a sharp rise in unemployment in the Andean country.
Critical Mass performance indicate that the handling of the crisis and the decisions that were made were based on a closed circle too, formed mainly by the Finance Minister Eduardo Aninat, and directors of the Central hedge funds NYSE Bank, Manuel Marfan, Pablo Pi era, Jorge Marshall.
Discussions had no formal place in the councils of the BC, but rather in informal working sessions that happened to be discussing the events. In this context, the view of the technical teams to step back and a lot of decisions reached within the Council only to be endorsed .
Massad had The to leave office amid scandal in the holding Inverlink in the first half of 2003. Their responsibility, it is argued, have lived primarily in elected secretary Pamela Andrada, women, violating the principles of loyalty fund management more basic information stolen from your computer and then forward it to Inverlink.
Since 2004 he served as director of the bank CorpBanca, Saieh group, and a speaker. This, despite the fact that after his decision to leave the BC was to avoid the asesorias family of fund economicas. This was composed by the Foundation of the Sacred Hearts, two institutions of the Trappist monks of the College and also Arabic.
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