Mario Marcel is a Commercial Engineer from the University of Chile and M. Phil. in Economics from the University of Cambridge, UK.

In 2015 he became Board Member of the Central Bank of Chile. In 2016 he was appointed President of that institution, a position he held until the end of January 2022.

Previously, he was Director of the Global Good Governance Practice of the World Bank; Deputy Director of Public Governance and Territorial Development of the Organization for Economic Cooperation and Development (OECD), and Manager of the Department of Institutional Capacity and Finance of the Inter-American Development Bank (IDB).

For 13 years he worked for the Government of Chile in the Ministry of Finance. Between 2000 and 2006 he was Director of the Budget Office.

In addition, he served as a researcher for the Corporation for Latin American Studies (Cieplan).

Minister Marcel has developed teaching and research activities in universities both in Chile and in the United Kingdom.

He has also served as a consultant for international organizations and 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.