PhD in Economics, Massachusetts Institute of Technology. Formerly: Governor, Central Bank of Brazil; President, National Economic and Social Development Bank (BNDES); Director, Opportunity Asset Management; economic and financial consultant; Professor, University of São Paulo and Pontifical Catholic University of Rio de Janeiro; research posts, Oxford University, Smithsonian Institution and Institute for Advanced Study, Princeton. Former Member of the Board: Itau; Vale; Unibanco. Currently, Member of the Board, Statutory Director and Chairman, Asset Management, Banco BTG Pactual. Has published several papers in specialized journals.