Mário Centeno's early retirement was agreed upon with Álvaro Santos Pereira and falls under the Banco de Portugal pension fund rules for employees hired before March 2009.
Banco de Portugal confirms agreement for Centeno's departure, pension to be paid by the pension fund
Monday, 16 March 2026RSS
Context & Explainers
Mário Centeno is a Portuguese economist and politician who served as Finance Minister from 2015 to 2020 and as President of the Eurogroup from 2018 to 2020, and later became Governor of the Bank of Portugal (Banco de Portugal). His nomination for vice‑president of the European Central Bank matters because a senior Portuguese official at the ECB could influence euro‑area monetary policy decisions that affect interest rates and the economy in Portugal.
