Following two consecutive Copa America final losses, Gerardo Martino will still be entrusted with managing Argentina's Under-23 side at the Olympics in Brazil later this summer, the Argentine Football Association (AFA) confirmed on Monday.

Argentina suffered penalty shootout heartache to Chile for the second year in a row on Sunday. It's a result that's left Lionel Messi's international career shrouded in doubt, along with those of many of his international colleagues.

Related: Messi 'done playing with national team' after another crushing loss

The AFA has vowed to stick with Martino, however, despite the former Barcelona gaffer being at risk of leading a star-studded squad to a continued trophy drought. A couple of Olympics triumphs aside, Argentina hasn't hoisted a meaningful trophy since the 1993 Copa America.

Martino's elected Albiceleste representatives will compete with Algeria, Honduras, and Portugal in Group D of the Olympic men's tournament in Rio.