Financial Committee

The Financial Committee provides advice to the Ministry of Finance on the fundamental aspects of the investment policy for the sovereign wealth funds since January 2007. The Committee is made up of renowned professionals with extensive experience in the areas of finance and economics.

The Committee meets to discuss and adopt recommendations to be submitted to the Minister of Finance for approval. Although by law the Committee should meet at least once every six months, it has held a larger number of meetings in order to fully meet its responsibilities and carry out its functions.

The Financial Committee is supported by a specialized team from the Ministry of Finance that is led by the International Finance Coordinator. The team is also made up of several economists and a lawyer from the International Finance Unit, as well as the head of the Budget Office Public Finance Division, the head of Finance Programming and two analysts from that division.

In order to ensure transparency the Committee publishes all of the minutes of its meetings and makes public statements on its main recommendations on investment policy for the funds. Annually it reports on the state of the funds to the Finance Ministry, to Finance Commissions of the lower house of Congress and the Senate, and to the Special Joint Budget Commission of Congress.

Members
- María Eugenia Wagner Brizzi
  Ms. Wagner holds a degree in Business Administration and a Master’s degree in Economics, both from Pontificia Universidad Católica de Chile. She is a member of the Board of Directors of Universidad Diego Portales and previously served as Director at AFP Provida, Depósito Central de Valores, AFP Cuprum and Casa de Moneda. She was also Undersecretary and Coordinator of the International Area at the Ministry of Finance, Director of Accounting and Finance at the Ministry of Public Works, and Director of Corporate Affairs at MetLife. She joined the Committee in January 2025.
  - See resume
- Gabriela Gurovich Camhi
  Ms. Gurovich holds a degree in Business Administration and a Master’s degree in Financial Economics from the Pontificia Universidad Católica de Chile, with a Master’s degree in Financial Engineering from Cornell University. Ms. Gurovich is General Manager of Banchile Administradora General de Fondos S.A., President of the Asociación de Administradoras de Fondos Mutuos de Chile A.G. and Professor at the School of Economics and Administration of the Pontificia Universidad Católica de Chile. Previously she worked at the Central Bank of Chile, at the Financial Market Commission and in multiple roles in asset management for institutional investors both in Chile and abroad. She joined the Committee in March 2025.
  - See resume
- Mauricio Larraín Errázuriz
  Mr. Larraín holds a degree in Business Administration and a Master in Economics from Pontificia Universidad Católica de Chile. He also holds a Master in Economics from the University of California, Berkeley. He was Commissioner and Vice President of the Financial Market Commission, professor at the Pontificia Universidad Católica de Chile, professor at Columbia Business School, and visiting professor at Stanford Graduate School of Business. He previously worked in the Research Department of the Central Bank of Chile. He is currently a professor of economics at the Universidad de los Andes and an independent director of HSBC Chile. He serves as President of the Capital Markets Advisory Council and associate editor of the Journal of Banking and Finance and the Journal of Financial Intermediation. He joined the Committee in August 2025.
  - See resume
Annual Report
See more

Members

Annual Report