Arminio Fraga

{{Infobox officeholder

| name = Armínio Fraga

| image = Arminio Fraga Neto, World Economic Forum on Latin America 2009 cropped.jpg

| imagesize =

| caption = Fraga at the World Economic Forum on Latin America in 2009.

| 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 = {{birth date and age|1957|07|20|df=y}}

| 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.[https://www.bcb.gov.br/pre/GaleriadosPresidentes/default-p.asp Galeria de ex-presidentes do Banco Central do Brasil], BCB, Accessed 18 November 2018 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.{{Cite web|title=Group of 30 :: Current Member Biography|url=https://group30.org/members/bio_current/fraga|access-date=2020-12-02|website=group30.org}}

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.{{cite web|title=Arminio Fraga: The Intellect Behind Brazil's Gávea Investimentos|url=https://www.institutionalinvestor.com/article/b150q8yv2m05dc/arminio-fraga-the-intellect-behind-brazils-gvea-investimentos|publisher=Institutional Investor|date=27 August 2009}}

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.{{cite news|url=http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22360012~pagePK:64257043~piPK:437376~theSitePK:4607,00.html|title=Outside Review Supports World Bank Group Reform| date=21 October 2009|website=Web.worldbank.org|accessdate=27 January 2018}}

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

Other activities

=Corporate boards=

China Investment Corporation, member of the international advisory council (since 2009){{cite web|url=http://www.china-inv.cn/cicen/governance/management_international.html |title=China Investment Corporation |accessdate=2010-04-16 |url-status=dead |archiveurl=https://web.archive.org/web/20100323220717/http://www.china-inv.cn/cicen/governance/management_international.html |archivedate=2010-03-23 }}

=Non-profit organizations=

Council on Foreign Relations, member
Group of Thirty (G30), member[http://group30.org/members/bio_current/fraga Armínio Fraga] Group of Thirty (G30)
Columbia Global Center Rio de Janeiro, member of the advisory board (since 2013)[https://globalcenters.columbia.edu/content/rio-advisory-board Advisory Board - Rio de Janeiro] Columbia Global Center Rio de Janeiro.
Princeton University, member of the board of trustees (2018–2019)[https://vpsec.princeton.edu/trustees/current 2018-2019 Board of Trustees] Princeton University.

References

External links

[http://www.nber.org/people/arminio_fraga Publications] at the National Bureau of Economic Research
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{{NYTtopic|people/f/arminio_fraga}}

{{s-ttl|title=President of the Central Bank of Brazil|years=1999–2003}}

Category:1957 births

Category:Living people

Category:Presidents of the Central Bank of Brazil

Category:Brazilian economists

Category:Group of Thirty

Category:Pontifical Catholic University of Rio de Janeiro alumni