Mário Centeno signed an agreement with Banco de Portugal this week to retire. After a 35-year career at this institution, the former governor decided to accept the reform proposal that came from the bank itself, now led by Álvaro Santos Pereira.
Centeno was governor of the Bank of Portugal between 2020 and 2025 and currently worked as a consultant at the institution, with a salary close to 17 thousand euros gross.
For now, the former governor will teach. According to the digital newspaper Ecowill be at the University of Miami for the next three weeks, as a guest professor. Later, he will return to ISEG, where he was already teaching.
Mário Centeno, who held the position of Minister of Finance between November 26, 2015 and June 15, 2020, was a candidate for vice-presidency of the ECB, having reached the penultimate round of voting. However, in January, he ended up withdrawing from this race due to not having enough support. The position ended up in the hands of Croatian Boris Vujčić.
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