Arminio Fraga Explained

Armínio Fraga
Office:President of the Central Bank
Term Start:4 March 1999
Term End:1 January 2003
President:Fernando Henrique Cardoso
Predecessor:Gustavo Franco
Successor:Henrique Meirelles
Birth Date:20 July 1957
Birth Place:Rio de Janeiro, Brazil
Alma Mater:Pontifical Catholic University of Rio de Janeiro
Princeton University

Armínio Fraga Neto (born 20 July 1957, in Rio de Janeiro) is a Brazilian economist who was president of the Central Bank of Brazil from 1999 to 2003.[1] From 1993 until his appointment to the Central Bank, he was Managing Director of Soros Fund Management in New York. Since 2001, he has been a member of the influential Washington-based financial advisory body, the Group of Thirty.[2]

Education

Fraga received his PhD in economics from Princeton University in 1985.

Career

In 2003, he founded the Rio de Janeiro based investment company, Gávea Investimentos.

Fraga has been called the Alan Greenspan of Latin America for his skillful handling of Brazilian monetary policy during his tenure as CBB president.[3]

Fraga worked for both Fernando Henrique Cardoso governments.

In 2009, Fraga served on the High Level Commission on the Modernization of World Bank Group Governance, which – under the leadership of Ernesto Zedillo – conducted an external review of the World Bank Group's governance.[4]

In October 2010, Gávea Investimentos was acquired by Highbridge Capital Management, a subsidiary of J.P. Morgan Asset Management.

Other activities

Corporate boards

Non-profit organizations

External links

Notes and References

  1. https://www.bcb.gov.br/pre/GaleriadosPresidentes/default-p.asp Galeria de ex-presidentes do Banco Central do Brasil
  2. Web site: Group of 30 :: Current Member Biography. 2020-12-02. group30.org.
  3. Web site: Arminio Fraga: The Intellect Behind Brazil's Gávea Investimentos. Institutional Investor. 27 August 2009.
  4. News: Outside Review Supports World Bank Group Reform. 21 October 2009. Web.worldbank.org. 27 January 2018.
  5. Web site: China Investment Corporation . 2010-04-16 . dead . https://web.archive.org/web/20100323220717/http://www.china-inv.cn/cicen/governance/management_international.html . 2010-03-23 .
  6. http://group30.org/members/bio_current/fraga Armínio Fraga
  7. https://globalcenters.columbia.edu/content/rio-advisory-board Advisory Board - Rio de Janeiro
  8. https://vpsec.princeton.edu/trustees/current 2018-2019 Board of Trustees