Rosanna Costa, the first woman to lead Chile's Central Bank, recently visited Columbia University during her trip to the United States for the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB).
On Tuesday, October 22, Costa visited the School of International and Public Affairs (SIPA) where she met with students from the MPA in Global Leadership program and its director former Colombian Finance Minister and SIPA professor Mauricio Cárdenas, as well as other Chileans pursuing studies at Columbia University.
During her visit, Costa provided a comprehensive overview of Chile's monetary policy, with a focus on the measures taken to control inflation following the exceptional surge that drove inflation to 14.1% year-on-year in 2022. She also engaged in a discussion with students, who inquired about the challenges of economic growth both in Latin America and globally, as well as the IMF's recent global economic forecasts.
Victoria Paz, a Chilean student in the MPA in Global Leadership and one of the event organizers, shared her thoughts on inviting Costa. “When we heard she was visiting the US, we knew we had to invite her,” she said. “The Central Bank is a Chilean institution that attracts significant interest internationally due to its technical rigor, independence, and crucial role in controlling inflation. Moreover, as the first Chilean woman to lead the institution, her leadership is a source of pride for us.”
Later that evening, Costa was honored by the North American-Chilean Chamber of Commerce with the Lifetime Achievement Award, recognizing her contributions as the first woman to lead Chile’s Central Bank.
