Returning to Argentina in 1991, Redrado was appointed President of the National Securities Commission (CNV) by Economy Minister Domingo Cavallo, who had just implemented his Convertibility Plan and a far-reaching deregulation program.
His investment became increasingly lucrative following Economy Minister Domingo Cavallo's implementation of the Convertibility Plan in 1991, which brought financial and price stability to Argentina during the 1990s.
Sevel, the Socma Group's centerpiece at the time, initially benefitted from the boom touched of by Economy Minister Domingo Cavallo's Convertibility Plan in 1991, seeing its auto sales grow from 30,000 in 1990 to 200,000 in 1994.
She authored a number of papers on the local effects of globalization, on the 1992 Brady Plan for foreign debt reduction, on the Convertibility Plan for exchange rate stabilization, and on the labor market, among other topics.
This Convertibility Plan was followed by privatization of utilities (including the oil company Yacimientos Petrolíferos Fiscales (YPF), the post office, telephone, gas, electricity and water utilities).
As such, he was instrumental in managing the Argentine Currency Board that served as a guarantor of Cavallo's Convertibility Plan in its early years, and which helped maintain a 1:1 parity between the Argentine peso and the US dollar.
A decade of severe stagflation was followed by new Economy Minister Domingo Cavallo's Convertibility Plan, in April 1991.
The Convertibility Plan, which had helped bring about stable prices and economic recovery and modernization, had endured the 1995 Mexican peso crisis, the 1997 Asian financial crisis, and other global shocks; but not without strain.
Cavallo was the ideologist behind the Convertibility Plan, which created a currency board that fixed the dollar-peso exchange rate at 1 peso per US dollar.
Cavallo, Domingo F. & Cottani, Joaquin A. (1997) Argentina's Convertibility Plan and the IMF, AEA Papers and Proceedings, May, Vol.