1959, degree in Economics. Founder and Vice-President, CEBRI. Founder and, until 1979, President, Brazilian SEC (CVM). 1980-96, President, Brasilpar. 1998-2000, President, Latin American Business Council. President, Arbitrage Chamber, São Paulo Stock Market. Member, International Advisory Council, Fundação Dom Cabral. Member of the Board: SulAmérica and BNDESPAR. Member, Advisory Board: Bladex, Banco Finantia, FLIP and Havas Brazil. Chairman, BRIX Energia e Futuros. Former Trustee, International Accounting Standards Committee Foundation (IASCF).