Carlos Melconian was appointed President of the National Bank of Argentina on Wednesday December 23 according to Agencia Prensa Armenia.

Stressing that the Bank of Argentina "will take a more prominent role as a development bank," Melconian began his tenure after being appointed by newly elected Argentine President Mauricio Macri.

In the 1980s, Melconian worked in the Central Bank of Argentina and then as a private consultant at the World Bank, among others.