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Banco Itaú Holding Financeira S.A.: Effective Member of the Fiscal Council since March 2003; Central Bank of Brazil: career employee from 1967 to 1993, where he held various positions, notably the following: Assistant Head of the Capital Markets Supervision Department (1976/1979), Head of the Capital Markets Department (1979/1984), Director of the Capital Markets Area (1984), Director of the Supervision Area (1985), Regional Delegate in São Paulo-SP (1991 and 1993); Banco da Cidade S.A.: Director of the Capital Markets Area (1986), during the period that he was on secondment from the Central Bank of Brazil. During this period (1986/1988), he began a consultancy business as managing partner specializing in the capital markets area (from June 1987 to June 1988); in July 1988, he returned to the federal government as Secretary for the Budget and Control of State-Owned Companies (SEST), (July 1988 to March 1990); from May 1991 to December 1992, he held the post of Economic-Financial Director of Telebrás Telecomunicações Brasileiras S.A.; Board Director of the Brazilian Economic and Social Development Bank BNDES, Telesp Telecomunicações de São Paulo and Telebrás; since 1972, has been a lecturer in areas relating to accounting and finance at the following universities: AEUDF, UNB, USP. He also lectures to MBA students at FIPECAFI.
Academic Background: Graduated in Economics from UERJ (1969) and Accounting from AEUDF (1973), postgraduate degree in Economic Engineering from the Universidade Candido Mendes (1971). He has a Master’s Degree and a Ph.D in Accounting and Controllership from Universidade de São Paulo (1976 and 1998 respectively).
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