Portugal names OECD chief economist as new governor

The Bank of Portugal

Francisco Nogueira/Bank of Portugal

- Central Banking Newsdesk
- 25 Jul 2025

Portugal’s government has chosen Álvaro Santos Pereira to replace Mário Centeno as governor of the country’s central bank.

The council of ministers made its decision on July 24 and minister for parliamentary affairs António Leitão Amaro announced the appointment at a press conference on the same day.

Leitão Amaro justified the government’s choice not to re-appoint Centeno by pointing to the incoming governor’s “independence”. Santos Pereira, he said, did not “come from within the Bank of Portugal

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@centralbanking.com test test test

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@centralbanking.com test test test