Ph.D., Economics, University of Illinois, Urbana Champaign, USA August, 1991
BA in Economics, University of Brasília (UNB) December 1984
Current role: Chairman of the Central Bank of Brazil since January 2011.
Director of Standards and Financial System Organization of the Central Bank of Brazil, between April 2006 and December 2010.
Director of International Affairs of the Central Bank of Brazil, between April and June 2006.
Director of Special Studies of the Central Bank of Brazil, between June 2005 and April 2006.
Senior Advisor to the Executive Director and Member of Executive Board, Office of the Brazilian Representation, International Monetary Fund (IMF), Washington DC USA July 2001 to May 2005:
Formulation, analysis and presentation of the Brazilian position on numerous issues of IMF policy, such that: funds; bilateral and multilateral monitoring, conditionalities programs;
Participation in the negotiations of the Brazilian programs with the IMF
in 2001, 2002, 2003 and 2004, including participation in each of the quarterly reviews during the period (about 15).
Head, Department of Studies and Research, Central Bank of Brazil, Brasília, DF Brazil March 1999 to June 2001:
Organization and implementation of the Research Department of the Central Bank;
Development of three areas: inflation targeting, microeconomics of banking and financial sector regulation with emphasis on market risk;
Responsible, as a member of the Monetary Policy Committee, the preparation and presentation of economic scenarios, inflation projections and simulations of the economy.
Consultant, Board of Governors of the Central Bank, Brasilia, DF Brazil May 1998 to March 1999:
Point of contact between the Board of Supervisors and the corresponding areas in the Bank and the Bank for International Settlements (BIS).
Special Advisor, Foreign Trade Chamber, Civil House of the Presidency, Brasília, DF Brazil February 1995 to May 1998: