Roberto Campos Neto

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In this Portuguese name, "Neto" is a generational suffix meaning "grandson", which is used for someone whose name is the same as their father and grandfather, like "III" in English.
Roberto Campos Neto
CAE - Comissao de Assuntos Economicos.jpg
Campos in 2023
President of the Central Bank of Brazil
Assumed office
28 February 2019

Roberto de Oliveira Campos Neto (born 28 June 1969) is a Brazilian economist, former executive of Banco Santander, and current president of Central Bank of Brazil. He is the grandson of Brazilian politician Roberto Campos, who was minister of planning during the Brazilian military dictatorship. [1]

Contents

On 15 November 2018, Campos was announced as the future President of the Central Bank of Brazil in the administration of Jair Bolsonaro. [2] As a Central Banker, Campos was featured in the Pandora Papers, a journalistic leak that exposed secret offshore accounts and he faced calls to resign. [3]

Early life and education

Campos was born in 1969. His grandfather Roberto de Oliveira Campos was a planning minister in the tenure of President Castelo Branco, and previously helped to create the Brazilian Development Bank. [2] [4]

Campos studied economics and finance at University of California, Los Angeles, from which he received a bachelor's degree. [5] He holds two master's degrees, one in economics from UCLA and the other in applied mathematics from Caltech. [6]

Career

From 1996 to 1999, Campos worked at Banco Bozano Simonsen, and from 2000 to 2003, he headed Santander Brasil's department of international fixed income. In 2006 he was named the trading head of Santander, and in 2010 became the chief of treasury and regional and international markets of the bank. [2] Campos is a close acquaintance of Paulo Guedes, the Economy minister. [1] On 26 February 2019, Campos' appointment was approved by both Committee of Economic Affairs and the Federal Senate floor, with voting of 26–0 and 55–6, respectively. [7]

In January 2021, Campos was elected as the "Central Bank President of the Year" by the British magazine The Banker . [8] That same year, Campos was featured in the Pandora Papers, a journalistic leak that exposed the secret offshore accounts of people all over the world. [3]

Other activities

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References

  1. 1 2 Roberto Campos Neto é indicado para comandar o BC no governo Bolsonaro, G1, accessed 17 November 2018
  2. 1 2 3 Roberto Campos Neto comandará Banco Central, Agência Brasil EBC, accessed 17 November 2018
  3. 1 2 Lafuente, Javier; Martínez Ahrens, Jan (2021-10-03). "Pandora Papers in Latin America: Three active heads of state and 11 former presidents operated in tax havens". El País . Retrieved 2021-10-03.
  4. ↑ Eloisa Capurro, Maria (17 February 2023). "Brazil's Central Bank Chief Took a Risk With a Rare TV Appearance. It Paid Off". Bloomberg News . Retrieved 17 February 2023.
  5. ↑ Profile at Morningstar, accessed 17 November 2018
  6. ↑ Reuters Finance profile, accessed 17 November 2018
  7. ↑ "Plenário do Senado aprova indicação de Campos Neto para presidência do BC" (in Portuguese). Uol. 26 February 2019. Retrieved 26 February 2019.
  8. ↑ "Roberto Campos Neto é eleito "presidente do BC do ano" por revista inglesa". Uol (in Portuguese). 2 January 2021.
  9. ↑ Board of Directors Bank for International Settlements (BIS).
  10. ↑ Members International Monetary Fund (IMF).
  11. ↑ Board of Governors World Bank.
Government offices
Preceded by President of the Central Bank of Brazil
2019-present		Incumbent
Order of precedence
Preceded by
Andrei Rodrigues
as Director General of the Federal Police of Brazil
Brazilian order of precedence
51st in line
as President of the Central Bank of Brazil 		Followed by
Tarciana Medeiros
as Chairwoman of Bank of Brazil


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