Argentina's Senate approves new bank chief

ARGENTINA - Argentina's Senate voted late on 23 May to approve the appointment of Roque Maccarone as new president of the Central Bank.

Maccarone is a respected banker and former head of state-run Banco Nacion and also served in the economy ministry in the Peronist government under Domingo Cavallo. He was named on April 25 as replacement for Pedro Pou.

"By approving this appointment we are cooperating to help govern Argentina, with a fully legitimate president of the Central Bank," said Sen. Jo