The now former head of the Banco Nación, Carlos Melconian, couldn’t hold back the tears in the farewell address he gave to the bank’s employees this afternoon. Visibly emotional, he had to take a few minutes to cry and collect himself at the podium before starting to talk. It looks like the feeling was reciprocal. Employees chanted “Melco no se va, Melco no se va” (Melco is not going away, Melco is not going away) while he tried — and failed — to keep it together.

In his speech, Melconian made it clear that he had no intention of leaving: “today is a tough day, it ended up being tougher than I expected. It’s time to say goodbye to a place I didn’t want to say goodbye to. This is the complete opposite of the ‘me quiero ir‘ (I want to leave) I want to stay,” he said.

He was making reference to the (in)famous interview from former Economy Minister Hernán Lorenzino, who left an incredibly awkward interview with a Greek media outlet after failing to answer a relatively straightforward question on Argentina’s inflation.

Melconian went on to assure everyone that President Mauricio Macri communicated “his total satisfaction with the job we have done” in the meeting they had yesterday. “I want to pass on the message to you all and ask you to stay on the same course. Don’t relax, there’s a lot more to do,” he added.

The now former official said this morning he is an “unconditional soldier of Macri,” as reports pointed out that his departure was a result of his continuous disagreements with Cabinet Chief Marcos Peña and his right-hand men Mario Quintana and Gustavo Lopetegui, who didn’t consider him part of the cabinet’s economic team.

Melconian will be replaced by economist Javier Gonzalez Fraga. He made a single reference to him in the speech saying that he trusted that “the new head will know how to continue with everything we have been doing, and I guess he will correct what we haven’t.”

 



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