João Relvas / LUSA
Álvaro Santos Pereira and Mário Centeno
Retirement with 72% of the last salary, when the average in the public bank is 78%. Álvaro Santos Pereira did not disclose the value of the renovation.
The value of reform advance of Mário Centeno, former governor of Bank of Portugalremains undisclosed. But this Wednesday a number was released on this subject.
Álvaro Santos Pereira went to Parliament, to the Budget, Finance and Public Administration Committee. Among other topics, he was asked about his predecessor’s reform.
The governor of the public bank told deputies that the replacement rate of Centeno (percentage of last salary) is 72%. If the salary would be between 14 thousand and 15 thousand euros, the retirement should be close to 10 thousand euros.
And it’s a fee lowest of what is usually applied at the Bank of Portugal: “He was awarded a pension with a replacement rate lower than the average for bank employees. To be more precise, the replacement rate in the case of professor Mário Centeno’s retirement was 72%, while the average replacement rate for a Banco de Portugal employee is around 78%”.
According to the current governor, it was Mário Centeno who wanted to understand what the conditions were for an exit agreement – after having been left out of the race for vice-president of the European Central Bank.
Centeno’s departure, continued Santos Pereira, is part of the bank’s strategy of ending the role of management consultant.
Now about the banking poster, the governor does not spare the banks: “It was illicit behavior that we must collectively censure”. The prescription of the R$225 million fine was “unacceptable”.
