Ministry of Finance

Mario Marcel Cullell's portrait
Contact information

Mario Marcel Cullell

TREASURY MINISTER

Mario Marcel holds a business degree from the Universidad de Chile and an M.Phil. in Economics from the University of Cambridge, United Kingdom.

In 2015, he took over as a member of the Board of Governors of the Banco Central de Chile, and in 2016, he was named president, a position that he held until late January 2022.

He was previously senior director of Governance Global Practice at the World Bank; deputy director of Governance and Territorial Development at the Organisation for Economic Co-operation and Development (OECD); and manager of the Institutional Capacity and Finance Sector at the Inter-American Development Bank (IADB).

For 13 years, he worked for the Government of Chile at the Treasury. Between 2000 and 2006, he was budget director. 

He has also served as researcher for the Corporation for Latin American Studies (CIEPLAN).

Furthermore, Minister Marcel has undertaken teaching and research activities in universities both in Chile and the United Kingdom. 

He has also served as a consultant for international organizations and the governments of different countries such as Mexico, Colombia, Peru, and Vietnam.

He is the author of numerous publications on a wide range of topics, including areas such as macroeconomics, public finance, monetary policy, governance and public management, social policies, and social security.

Undersecretaries

Heidi Berner Herrera's portrait

Heidi Berner Herrera

TREASURY UNDERSECRETARY

Heidi Berner Herrera holds a Degree in Business Administration and Economics from the Universidad de Chile and a Master’s in Public Administration from the Harvard Kennedy School, United States.

She has served as coordinator for State Modernization at the Treasury Ministry; vice chancellor for Economic Affairs and Institutional Management at the Universidad de Chile; and executive director of the Dean’s Office in the Faculty of Economics and Business at the Universidad de Chile.

She has previously been Social Evaluation Undersecretary at the Social Development Ministry, head of the Management Control Division at the Budget Directorate, and coordinator of impact evaluations at the same directorate. She is an independent.