“You have to have a little modesty”



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“The political times were ahead,” he said Sebastian Sichel after resigning from BancoEstado. It is obvious that he did so because Mario Desbordes left the Ministry of Defense to assume a possible presidential candidacy and Sichel did not want to be left behind.

The last presidents of BancoEstado were Juan Tagle, a lifelong banker, before him, was Sigismund Schulin-Zeuthen, also a lifelong banker, and in between was Guillermo Larrain and the former Minister of Finance, Rodrigo Valdes, both economists, that is, one understands why they were leading the BancoEstado.

Sebastián Sichel was put in the head of BancoEstado because you had to give it a place after he left the Ministry of Social Development.

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We all understand that positions in politics are for political decisions, we must not be naive about it, but still you have to have a bit of modesty: not everything happens through political decisions and more so blatant.

What did Sebastián Sichel do at the head of BancoEstado at this time? Not much left to say.

The presidency of BancoEstado, such an important position in an institution on which millions of Chileans depend as the only financial institution to which they can access, deserves more respect and more prestige with respect to the person who leads it.

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