Historical Composition of the Board of Governors - Overview of Governors’ Administrations - Since 1965
Note: This document contains a list with names and their positions, organized according to the Central Bank Governors’ administrations. Please also refer to Historical Composition – Overview of Areas of Activity, and to Historical Composition of the Board of Governors – Overview of the Organizational Structure, available in the History section on the website of the the Central Bank.
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Contents
Governor: Denio Chagas Nogueira ...... 6 Governor: Ruy Aguiar da Silva Leme ...... 7 Governor: Ary Burger [interim governor] ...... 8 Governor: Ernane Galvêas...... 9 Governor: Paulo Hortênsio Pereira Lira ...... 11 Governor: Carlos Brandão ...... 13 Governor: Ernane Galvêas...... 14 Governor: Carlos Geraldo Langoni...... 15 Governor: Affonso Celso Pastore ...... 16 Governor: Antonio Carlos Braga Lemgruber ...... 17 Governor: Fernão Carlos Botelho Bracher...... 19 Governor: Francisco Roberto André Gros...... 21 Governor: Lycio de Faria - [interim] ...... 23 Governor: Fernando Milliet de Oliveira ...... 25 Governor: Elmo Araújo Camões ...... 27 Governor: Wadico Waldir Bucchi - [interim] ...... 29 Governor: Ibrahim Eris ...... 31 Governor: Francisco Roberto André Gros...... 33 Governor: Gustavo Jorge Laboissière Loyola ...... 35 Governor: Paulo César Ximenes Alves Ferreira ...... 37 Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 3
Governor: Pedro Sampaio Malan ...... 39 Governor: Gustavo Henrique de Barroso Franco - [interim] ...... 41 Governor: Persio Arida...... 42 Governor: Gustavo Jorge Laboissière Loyola ...... 43 Governor: Gustavo Henrique de Barroso Franco...... 45 Governor: Arminio Fraga Neto...... 47 Governor: Henrique de Campos Meirelles ...... 50 Governor: Alexandre Antonio Tombini...... 56 Governor: Ilan Goldfajn ...... 61 Governor: Roberto de Oliveira Campos Neto ...... 64
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Introductory notes
Governors I. The Central Bank of Brazil was created by Law 4,595, of December 31, 1964; the initial composition of the Board of Governors, with 4 members, was ruled by article 14. II. Between 1965 and 1974, Governors were chosen among appointed members of the CMN (article 14 of Law 4,595). III. Pursuant to Law 6,045, of May 15, 1974, Governors begin to be appointed by the President of the Republic, no longer being chosen from appointed members of the CMN. IV. Pursuant to the Complementary Law number 179, from 2/24/2021, which establishes the autonomy of the Central Bank of Brazil, the term of the Governor shall last for 4 (four) years, beginning on January 1st of the third year of the President of the Republic’s term. The Governor and the Deputy Governors of the Central Bank of Brazil may be reappointed once, observing the provisions of the law. Deputy Governors – from 1965 to 1969 I. In the period of 1965 to 1969, Deputy Governors of the Central Bank were chosen among the appointed members of the CMN, and their areas of jurisdiction were personified, without a specific denomination. II. Law 5,362, of November 30, 1967, altered to 5 the number of members of the Board of Governors. The Central Bank began to have 4 Deputy Governors with the inauguration of Mr. Paulo Hortênsio Pereira Lira. Deputy Governors – as of 1969 I. Directorates are identified by Area of activity as of Dec/5/1969 (Notice Depad 142). II. Law 6,045, of May 15, 1974, modifies the composition of the Board of Governors to 6 members (1 Governor and 5 Deputy Governors) and Central Bank Deputy Governors begin to be appointed by the President of the Republic. Besides, Deputy Governors are no longer members of the National Monetary Council (CMN), but participate in CMN meetings without the right to vote. III. On Feb/18/1975, Vote (1) CMN 29/75 was approved and Ordinance (2) 63 came into effect, defining technical and administrative structures of the Central Bank. It also created SPECIAL UNITS (cabinets of the Governor and Deputy Governors), and directorates begin to have specific names – Directorate for Administration, Directorate for Banking, Directorate for External area, Directorate for Rural and Industrial Credit, Directorate for Securities Market. IV. Decree-Law 1,795, of July 8, 1980 modifies the composition of the Board of Governors to 7 members (1 Governor and 6 Dep. Governors); the Public Debt Directorate (Didip) is created. V. Decree 88,008, of December 29, 1982 cuts down one position of Deputy Governor, reducing to 6 members the composition of the Board of Governors (1 Governor and 5 Dep. Governors); the Didip is extinguished. VI. Decree 91,148, of March 15, 1985 modifies the composition of the Board of Governors to 8 members (1 Governor and 7 Deputy Governors); two directorates are created: the Directorate for Supervision and the Directorate for Public Debt and Open Market. VII. Decree 91,961, of November 19, 1985 modifies the composition of the Board of Governors to 9 members (1 Governor and 8 Deputy Governors); the Directorate for Foreign Debt Affairs is created. Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 5
[Introductory notes – continued]
On Mar/16/1990, Vote BCB 258/90 was approved, and Ordinance 209 came into effect, modifying the organizational structure and implementing a new structure for the Central Bank’s directorates. The decisions were complemented by Vote BCB 610-C/1990 and by Ordinance 212. VIII. On Jan/24/1992, Vote BCB 57/92 was approved, introducing the concept of Board of Governors, with each unit’s duties and competences grouped by matter; the cabinets of the Governor and Deputy Governors were extinguished; the practice of naming a Deputy Governor by his field of operation (“Deputy Governor for ...”) and respective acronyms were also eliminated. IX. The identification of members from the Board of Governors’ began to depict the groupings defined in Internal Regulations (Ordinance 267 of March 4, 1996), as follows: “Deputy Governor in charge of...” without official acronyms. However, this form of identification was not assimilated, either inside or outside the Central Bank, but the use of acronyms remained informally (Communiqué BCB 427/99). X. On Dec/8/1999, pursuant to Service Order 3,502, the form of addressing board members was modified, reintroducing the official use of the expression “Deputy Governor for ...” and respective acronyms by area of activity. XI. On Dec/14/2005, after the disclosure of the new Internal Regulations by Ordinance 29,971, all incumbent Deputy Governors had their competences defined and reconfirmed by Ordinance 32,972 XII. Pursuant to the Complementary Law number 179, from 2/24/2021, which establishes the autonomy of the Central Bank of Brazil, the terms of its Deputy Governors shall last for 4 (four) years, according to an order defined by law. The Governor and the Deputy Governors of the Central Bank of Brazil may be reappointed once, observing the provisions of the law.
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Governor: Dênio Chagas Nogueira Appointment Dismissal Inauguration Decree Published Decree Published there is no appointment decree for Governor of the Central Bank, for being Apr/9/1965 Apr/12/1965 Apr/13/1965 Mar/21/1967 Mar/21/1967 chosen from appointed members of the CMN
Deputy Governors From 1965 to 1969, Deputy Governors of the Central Bank were chosen from appointed members of the CMN, and their areas of jurisdiction were personified, without a specific denomination. Appointment Dismissal Name Inauguration Decree Published Decree Published Casimiro Antônio Ribeiro Apr/9/1965 Apr/12/1965 Apr/13/1965 Apr/15/1967 Apr/17/1967 Luiz Biolchini Apr/9/1965 Apr/12/1965 Apr/13/1965 Jun/21/1966 Jun/22/1966 Aldo Baptista Franco da Silva Santos Apr/9/1965 Apr/12/1965 Apr/13/1965 Apr/15/1967 Apr/17/1967 Antonio de Abreu Coutinho Jun/21/1966 Jun/22/1966 Jun/28/1966 Mar/21/1967 Mar/21/1967 in Luiz Biolchini’s position, pursuant to decree
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Governor: Ruy Aguiar da Silva Leme Appointment Dismissal Inauguration Decree Published Decree Published there is no appointment decree for Governor of the Central Bank, for being chosen from appointed members of the CMN Mar/30/1967 Mar/31/1967 Mar/31/1967 Feb/9/1968 Feb/12/1968 Mr. Ruy Leme’s resignation letter is dated Feb. 6, 1968 (BCB 157th session), but his dismissal was only published on Feb. 12, 1968
Deputy Governors From 1965 to 1969, Deputy Governors of the Central Bank were chosen from appointed members of the CMN, and their areas of jurisdiction were personified, without a specific denomination. Appointment Dismissal Name Inauguration Decree Published Decree Published Casimiro Antônio Ribeiro Apr/9/1965 Apr/12/1965 Apr/13/1965 Apr/15/1967 Apr/17/1967 Aldo Baptista Franco da Silva Santos Apr/9/1965 Apr/12/1965 Apr/13/1965 Apr/15/1967 Apr/17/1967 in Antonio de Abreu Coutinho’s position, pursuant to Ary Burger Mar/30/1967 Mar/31/1967 Mar/31/1967 Nov/27/1969 Nov/28/1969 decree in Casimiro Antônio Ribeiro’s position, pursuant to Germano de Brito Lyra Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 decree
Hélio Marques Vianna Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 in Aldo Baptista Franco’s position, pursuant to decree
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Governor: Ary Burger [interim governor] Appointment Dismissal Inauguration Decree Published Decree Published Mr. Ruy Leme’s resignation letter is dated Feb. 6, 1968 (BCB 157th session), but his dismissal was only published on Feb. 12, 1968 Feb/7/1968 s.d. Feb/21/1968 by an act of the Minister of Finance – pursuant to a Memoir of the CMN 98th session
Deputy Governors From 1965 to 1969, Deputy Governors of the Central Bank were chosen from appointed members of the CMN, and their areas of jurisdiction were personified, without a specific denomination. Appointment Dismissal Name Inauguration Decree Published Decree Published in Casimiro Antônio Ribeiro’s position, pursuant to Germano de Brito Lyra Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 decree in Aldo Baptista Franco’s position, pursuant to Hélio Marques Vianna Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 decree Paulo Hortênsio Pereira Lira Dec/3/1969 Mar/15/1974 Mar/15/1974 Central Bank begins to have 4 Deputy Governors
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Governor: Ernane Galvêas Appointment Dismissal Inauguration Decree Published Decree Published there is no appointment decree for Governor of the Central Bank, for being Feb/21/1968 Feb/21/1968 Feb/22/1968 Mar/15/1974 Mar/15/1974 chosen from appointed members of the CMN
Deputy Governors From 1965 to 1969, Deputy Governors of the Central Bank were chosen from appointed members of the CMN, and their areas of jurisdiction were personified, without a specific denomination. Appointment Dismissal Name Inauguration Decree Published Decree Published in Antonio de Abreu Coutinho’s position, pursuant to Ary Burger Mar/30/1967 Mar/31/1967 Mar/31/1967 Nov/27/1969 Nov/28/1969 decree in Casimiro Antônio Ribeiro’s position, pursuant to Germano de Brito Lyra Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 decree Hélio Marques Vianna Apr/15/1967 Apr/17/1967 Apr/24/1967 Nov/27/1969 Nov/28/1969 in Aldo Baptista Franco’s position, pursuant to decree
Paulo Hortênsio Pereira Lira Dec/3/1969 Mar/15/1974 Mar/15/1974 Central Bank begins to have 4 Deputy Governors
Deputy Governors – as of 1969 Directorates begin to be identified by Area of activity only as of Dec/5/1969 (Notice Depad 142). Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration, Rural and Industrial Credit Area
Fernando Roquette Reis Dec/3/1969 Dec/3/1969 Dec/3/1969 Feb/26/1971 Mar/1/1971 in Ary Burger's position, pursuant to decree
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 10
[Governor Ernane Galvêas’ administration] – Deputy Governors (continued)
Name Appointment Inauguration Dismissal Paulo Yokota Feb/26/1971 Mar/1/1971 Mar/9/1971 Aug/23/1973 on this date the Area of “Administration, Rural and Industrial Credit” was dismembered. The Administrative Superintendency was created by CMN decision in view of Vote CMN 324/73. The Superintendency was placed under the Governor, but not as a part of the Board of Governors. Mr. José Antônio Berardinelli Vieira held the position of Administrative Superintendent since Aug/23/73, until being appointed Deputy Governor for Administration on May/29/1974 (Memoir BCB 413/74)
Banking Area
in Helio Marques Vianna’s position, pursuant to Luiz de Carvalho e Mello Filho Nov/27/1969 Nov/28/1969 Dec/3/1969 Mar/15/1974 Mar/15/1974 decree
Foreign Exchange/External Area
Paulo Hortênsio Pereira Lira Dec/3/1969 Mar/15/1974 Mar/15/1974
Administration, Rural and Industrial Credit Area
Fernando Roquette Reis Dec/3/1969 Dec/3/1969 Dec/3/1969 Feb/26/1971 Mar/1/1971 in Ary Burger’s position, pursuant to decree on Aug/23/1973, according to Vote CMN 324/73, the Area of Administration, Rural and Industrial Paulo Yokota Feb/26/1971 Mar/1/1971 Mar/9/1971 Mar/15/1974 Mar/15/1974 Credit was dismembered. Deputy Gov. Paulo Yokota remained head of Dicri [see explaining note 1 above]
Securities Market Area
in Germano de Brito Lira's position after dismissal of Dep. Gov., both the Office and Francisco de Boni Neto Nov/27/1969 Nov/28/1969 Dec/3/1969 Jan/14/1974 Jan/15/1974 the Inspectorate of Capital Markets were placed under Dep. Gov. Paulo Yokota’s scope until Mar/14 (Vote BCB 159/74)
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Governor: Paulo Hortênsio Pereira Lira Appointment Dismissal Inauguration Decree Published Decree Published Mar/15/1974 Mar/15/1974 Mar/19/1974 Mar/14/1979 Mar/14/1979 dismissed as of 15
Deputy Governors I. Law 6,045, of May 15, 1974, modifies the composition of the Board of Governors to 6 members (1 Governor and 5 Deputy Governors) and Central Bank Dep. Governors begin to be appointed by the President of the Republic. Besides, Deputy Governors are no longer members of the National Monetary Council, but participate in CMN meetings without the right to vote. II. On Feb/18/1975, Vote CMN 29/75 was approved and Ordinance (2) 63 came into effect, establishing technical and administrative structures to the Central Bank, and created SPECIAL UNITS (cabinets to the Governor and Deputy Governors). The directorates begin to have specific names - Directorate of Administration, Directorate of Banking, Directorate for External area, Directorate for Rural and Industrial Credit, and Directorate of Securities Market. Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad) - created on Feb/18/1975 (Ordinance 63)
on Aug/23/1973 the Area of “Administration, Rural and Industrial Credit” was dismembered. The Administrative Superintendency was established by CMN decision in view of Vote CMN 324/73. The Superintendency was placed under the José Antônio Berardinelli Vieira May/29/1974 May/30/1974 May/31/1974 Mar/14/1979 Mar/14/1979 Governor but not as a part of the Board of Governors. Mr. José Antônio Berardinelli Vieira held the position of Administrative Superintendent since Aug/23/73 until being appointed Deputy Governor for Administration, on May/29/1974 (Memoir BCB 413/74)
Continues...
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[Governor Paulo Hortênsio Pereira Lira’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Banking Area (Notice Depad 142 of Dec/5/1969) Banking Area Directorate (Diban) - created on Feb/18/1975 by Ordinance 63; the incumbent Deputy Governor remained
pursuant to Law 6,045/74, he was appointed twice: Ernesto Albrecht Mar/15/1974 Mar/15/1974 Mar/19/1974 Mar/14/1979 Mar/14/1979 in Mar/15 and May/29/74; and inaugurated twice: in Mar/19 and May/31/74
Foreign Exchange/External Area (Notice Depad 142 of Dec/5/1969) External Area Directorate (Direx) - created on Feb/18/1975 by Ordinance 63; the incumbent Deputy Governor remained
pursuant to Law 6,045/74, he was appointed twice: Fernão Carlos Botelho Bracher Mar/15/1974 Mar/15/1974 Mar/19/1974 Mar/14/1979 Mar/14/1979 in Mar/15 and May/29/74; and inaugurated twice: in Mar/19 and May/31/74
Rural and Industrial Credit Area (Notice Depad 142 of Dec/5/1969) Rural and Industrial Credit Directorate (Dicri) - created on Feb/18/1975 by Ordinance 63; the incumbent Deputy Governor remained
pursuant to Law 6,045/74, he was appointed twice: José de Ribamar Melo Mar/15/1974 Mar/15/1974 Mar/19/1974 Mar/14/1979 Mar/14/1979 in Mar/15 and May/29/74; and inaugurated twice: in Mar/19 and May/31/74
Securities Market Area (Notice Depad 142 of Dec/5/1969) Securities Market Directorate (Dimec) - created on Feb/18/1975 by Ordinance 63; the incumbent Deputy Governor remained
pursuant to Law 6,045/74, he was appointed twice: Sérgio Augusto Ribeiro Mar/15/1974 Mar/15/1974 Mar/19/1974 Mar/14/1979 Mar/14/1979 in Mar/15 and May/29/74; and inaugurated twice: in Mar/19 and May/31/74
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Governor: Carlos Brandão Appointment Dismissal Inauguration Decree Published Decree Published Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/17/1979 Aug/17/1979
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antônio Augusto dos Reis Veloso Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Banking Area Directorate (Diban)
João Ary de Lima Barros Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979
External Area Directorate (Direx)
José Carlos Madeira Serrano Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Rural and Industrial Credit Directorate (Dicri)
Celso da Costa Sabóia Mar/151979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979
Securities Market Directorate (Dimec)
Luiz Lemos Leite Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979
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Governor: Ernane Galvêas Appointment Dismissal Inauguration Decree Published Decree Published Aug/17/1979 Aug/17/1979 Aug/17/1979 Jan/17/1980 Jan/18/1980
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antônio Augusto dos Reis Veloso Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Banking Area Directorate (Diban)
João Ary de Lima Barros Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979 on this date he was appointed Governor of the BCB by decree; and Ministry of Finance’s Ordinance 72 Carlos Geraldo Langoni Aug/21/1979 Aug/21/1979 Aug/22/1979 Jan/18/1980 Jan/18/1980 dismissed him from the position of Deputy Governor.
External Area Directorate (Direx)
José Carlos Madeira Serrano Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Rural and Industrial Credit Directorate (Dicri)
Celso da Costa Sabóia Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979 José Kleber Leite de Castro Aug/21/1979 Aug/21/1979 Aug/22/1979 Mar/14/1985 Mar/14/1985
Securities Market Directorate (Dimec) Luiz Lemos Leite Mar/15/1979 Mar/15/1979 Mar/16/1979 Aug/21/1979 Aug/21/1979 Hermann Wagner Wey Aug/21/1979 Aug/21/1979 Aug/22/1979 Jul/23/1984 Jul/24/1984 Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 15
Governor: Carlos Geraldo Langoni Appointment Dismissal Inauguration Decree Published Decree Published Jan/18/1980 Jan/18/1980 Jan/21/1980 Sep/2/1983 Sep/5/1983
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antônio Augusto dos Reis Veloso Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Banking Area Directorate (Diban)
Appointed by Ministry of Finance’s Ordinance 73 of Antonio Chagas Meirelles Jan/18/1980 Jan/18/1980 Jan/21/1980 Sep/5/1983 Sep/6/1983 Jan/18/1980, ratified by a decree of Sep/3/1980, published on Sep/5/1980
External Area Directorate (Direx)
José Carlos Madeira Serrano Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Rural and Industrial Credit Directorate (Dicri)
José Kleber Leite de Castro Aug/21/1979 Aug/21/1979 Aug/22/1979 Mar/14/1985 Mar/14/1985
Securities Market Directorate (Dimec)
Hermann Wagner Wey Aug/21/1979 Aug/21/1979 Aug/22/1979 Jul/23/1984 Jul/24/1984
Public Debt Directorate (Didip) - created on Jul/9/1980 (Vote BCB 381/80); discontinued on Dec/30/1982 (Vote BCB 738/82) Cláudio Luiz da Silva Haddad Jul/10/1980 Jul/11/1980 Jul/11/1980 Dec/29/1982 Dec/30/1982
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Governor: Affonso Celso Pastore Appointment Dismissal Inauguration Decree Published Decree Published Sep/2/1983 Sep/5/1983 Sep/5/1983 Mar/14/1985 Mar/14/1985 dismissed as of 15th
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antônio Augusto dos Reis Veloso Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Banking Area Directorate (Diban)
José Luiz Silveira Miranda Sep/5/1983 Sep/6/1983 Sep/6/1983 Mar/14/1985 Mar/14/1985
External Area Directorate (Direx) José Carlos Madeira Serrano Mar/15/1979 Mar/15/1979 Mar/16/1979 Mar/14/1985 Mar/14/1985
Rural and Industrial Credit Directorate (Dicri)
José Kleber Leite de Castro Aug/21/1979 Aug/21/1979 Aug/22/1979 Mar/14/1985 Mar/14/1985
Securities Market Directorate (Dimec)
Hermann Wagner Wey Aug/21/1979 Aug/21/1979 Aug/22/1979 Jul/23/1984 Jul/24/1984 designated to head Difis with the creation of the Iran Siqueira Lima Jul/23/1984 Jul/24/1984 Jul/25/1984 Mar/15/1985 new directorate (Memoir BCB 200/85)
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Governor: Antonio Carlos Braga Lemgruber Appointment Dismissal Inauguration Decree Published Decree Published Mar/15/1985 Mar/15/1985 Mar/15/1985 Aug/26/1985 Aug/28/1985
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Paulo Roberto Franco Ferreira Mar/15/1985 Mar/15/1985 Mar/15/1985 Apr/30/1986 May/2/1986
Banking Area Directorate (Diban)
Alberto Sozin Furuguem Mar/15/1985 Mar/15/1985 Mar/15/1985 Aug/26/1985 Aug/28/1985
External Area Directorate (Direx)
Sérgio Silva de Freitas Mar/15/1985 Mar/15/1985 Mar/15/1985 Apr/26/1985 Apr/29/1985 Carlos Eduardo de Freitas Apr/261985 Apr/29/1985 Apr/29/1985 Mar/8/1988 Mar/9/1988
Rural and Industrial Credit Directorate (Dicri) Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Securities Market Directorate (Dimec)
Roberto da Cunha Castello Branco Mar/15/1985 Mar/15/1985 Mar/15/1985 Aug/26/1985 Aug/28/1985
Continues...
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[Governor Antonio Carlos Braga Lemgruber’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Directorate (Difis) - created on Mar/16/1985 (Vote BCB 200/85)
in charge of Dimec before being designated first Iran Siqueira Lima Mar/16/1985 Aug/30/1985 Sep/2/1985 Deputy Governor to Difis (Memoir BCB 200/85)
Public Debt and Open Market Directorate (Didip) - created on Mar/16/1985 (Vote BCB 200/85)
José Júlio de Almeida Senna Mar/15/1985 Mar/15/1985 Mar/15/1985 Aug/26/1985 Aug/28/1985
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Governor: Fernão Carlos Botelho Bracher Appointment Dismissal Inauguration Decree Published Decree Published Aug/27/1985 Aug/28/1985 Aug/28/1985 Feb/10/1987 Feb/11/1987
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Paulo Roberto Franco Ferreira Mar/15/1985 Mar/15/1985 Mar/15/1985 Apr/30/1986 May/2/1986 Lycio de Faria Apr/30/1986 May/2/1986 May/6/1986 Oct/211987 Oct/22/1987
Banking Area Directorate (Diban)
Carlos Thadeu de Freitas Gomes Aug/30/1985 Sep/2/1985 Sep/4/1985 Apr/30/1986 May/2/1986 Persio Arida Apr/30/1986 May/2/1986 May/6/1986 Feb/18/1987 Feb/19/1987
External Area Directorate (Direx)
Carlos Eduardo de Freitas Apr/26/1985 Apr/29/1985 Apr/29/1985 Mar/8/1988 Mar/9/1988
Rural and Industrial Credit Directorate (Dicri)
Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Continues...
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[Governor Fernão Carlos Botelho Bracher’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Securities Market Directorate (Dimec)
Luiz Carlos Mendonça de Barros Aug/30/1985 Sep/2/1985 Sep/4/1985 May/19/1987 May/20/1987
Supervision Directorate (Difis) - created on Mar/16/1985 (Vote BCB 200/85)
Iran Siqueira Lima Mar/16/1985 Aug/30/1985 Sep/2/1985 see note 1 on p.18 José Tupy Caldas de Moura Aug/30/1985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip) - created on Mar/16/1985 (Vote BCB 200/85)
André Pinheiro de Lara Resende Aug/30/1985 Sep/2/1985 Sep/4/1985 Jan/5/1987 Jan/6/1987 Alkimar Ribeiro Moura Jan/5/1987 Jan/6/1987 Jan/7/1987 Jan/26/1988 Jan/27/1988
External Debt Affairs Directorate (Divex) - created on Nov/20/1985 (Memoir BCB 893-A/85)
Antonio de Pádua Seixas Nov/19/1985 Nov/20/1985 Nov/26/1985 Nov/14/1988 Nov/17/1988
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Governor: Francisco Roberto André Gros Appointment Dismissal Inauguration Decree Published Decree Published Feb/10/1987 Feb/11/1987 Feb/11/1987 Apr/28/1987 Apr/30/1987
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Lycio de Faria Apr/30/1986 May/2/1986 May/6/1986 Oct/21/1987 Oct/22/1987
Banking Area Directorate (Diban)
Persio Arida Apr/30/1986 May/2/1986 May/6/1986 Feb/18/1987 Feb/19/1987 Ricardo Fernandez Silva Feb/23/1987 Feb/24/1987 Feb/25/1987 May/19/1987 May/20/1987
External Area Directorate (Direx)
Carlos Eduardo de Freitas Apr/26/1985 Apr/29/1985 Apr/29/1985 Mar/8/1988 Mar/9/1988
Rural and Industrial Credit Directorate (Dicri) Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Securities Market Directorate (Dimec)
Luiz Carlos Mendonça de Barros Aug/30/1985 Sep/2/1985 Sep/4/1985 May/19/1987 May/20/1987
Continues...
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[Governor Francisco Roberto André Gros’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Directorate (Difis)
José Tupy Caldas de Moura Aug/30/1985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip)
Alkimar Ribeiro Moura Jan/5/1987 Jan/6/1987 Jan/7/1987 Jan/26/1988 Jan/27/1988
External Debt Affairs Directorate (Divex)
Antonio de Pádua Seixas Nov/19/1985 Nov/20/1985 Nov/26/1985 Nov/14/1988 Nov/17/1988
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 23
Governor: Lycio de Faria - [interim] Appointment Dismissal Inauguration Decree Published Decree Published Apr/30/1987 May/4/1987 Memoir BCB 232/87
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Lycio de Faria Apr/30/1986 May/2/1986 May/6/1986 Oct/21/1987 Oct/22/1987
Banking Area Directorate (Diban)
Ricardo Fernandez Silva Feb/23/1987 Feb/24/1987 Feb/25/1987 May/19/1987 May/20/1987
External Area Directorate (Direx)
Carlos Eduardo de Freitas Apr/26/1985 Apr/29/1985 Apr/29/1985 Mar/8/1988 Mar/9/1988
Rural and Industrial Credit Directorate (Dicri)
Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Securities Market Directorate (Dimec)
Luiz Carlos Mendonça de Barros Aug/30/1985 Sep/2/1985 Sep/4/1985 May/19/1987 May/20/1987
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 24
[Interim governor Lycio de Faria’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Directorate (Difis)
José Tupy Caldas de Moura Aug/30/1985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip)
Alkimar Ribeiro Moura Jan/5/1987 Jan/6/1987 Jan/7/1987 Jan/26/1988 Jan/27/1988
External Debt Affairs Directorate (Divex)
Antonio de Pádua Seixas Nov/19/1985 Nov/20/1985 Nov/26/1985 Nov/14/1988 Nov/17/1988
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 25
Governor: Fernando Milliet de Oliveira Appointment Dismissal Inauguration Decree Published Decree Published May/4/1987 May/5/1987 May/5/1987 Mar/8/1988 Mar/9/1988
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Lycio de Faria Apr/30/1986 May/2/1986 May/6/1986 Oct/21/1987 Oct/22/1987 José Maria Arbex Oct/21/1987 Oct/22/1987 Oct/28/1987 Jan/26/1988 Jan/27/1988 Luis Álvaro de Oliveira Ribeiro Jan/26/1988 Jan/27/1988 Jan/27/1988 Mar/8/1988 Mar/9/1988
Banking Area Directorate (Diban)
Ricardo Fernandez Silva Feb/23/1987 Feb/24/1987 Feb/25/1987 May/19/1987 May/20/1987 Wadico Waldir Bucchi May/19/1987 May/20/1987 May/20/1987 Mar/14/1990 see note 3 on p. 29
External Area Directorate (Direx)
Carlos Eduardo de Freitas Apr/26/1985 Apr/29/1985 Apr/29/1985 Mar/8/1988 Mar/9/1988
Rural and Industrial Credit Directorate (Dicri)
Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 26
[Governor Fernando Milliet de Oliveira’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Securities Market Directorate (Dimec)
Luiz Carlos Mendonça de Barros Aug/30/1985 Sep/2/1985 Sep/4/1985 May/19/1987 May/20/1987 Luiz Aranha Corrêa do Lago May/19/1987 May/20/1987 May/20/1987 Jan/26/1988 Jan/27/1988 Keyler Carvalho Rocha Jan/26/1988 Jan/27/1988 Jan/27/1988 Jan/9/1990 Jan/10/1990
Supervision Directorate (Difis)
José Tupy Caldas de Moura Aug/30/1985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip)
Alkimar Ribeiro Moura Jan/5/1987 Jan/6/1987 Jan/7/1987 Jan/26/1988 Jan/27/1988 Juarez Soares Jan/26/1988 Jan/27/1988 Jan/27/1988 Oct/13/1988 Oct/14/1988
External Debt Affairs Directorate (Divex)
Antonio de Pádua Seixas Nov/19/1985 Nov/20/1985 Nov/26/1985 Nov/14/1988 Nov/17/1988
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 27
Governor: Elmo Araújo Camões Appointment Dismissal Inauguration Decree Published Decree Published Mar/8/1988 Mar/9/1988 Mar/9/1988 Jun/21/1989 Jun/22/1989
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antenor Araken Caldas Farias Mar/8/1988 Mar/9/1988 Mar/9/1988 Mar/14/1990 Mar/14/1990
Banking Area Directorate (Diban)
Wadico Waldir Bucchi May/19/1987 May/20/1987 May/20/1987 Mar/14/1990 see note 3 on p. 29
External Area Directorate (Direx)
Arnim Lore Mar/8/1988 Mar/9/1988 Mar/9/1988 Mar/14/1990 Mar/14/1990 dismissed as of 15th
Rural and Industrial Credit Directorate (Dicri) - ended operations on Jun/1/1989 (Vote BCB 464/89) and terminated on Jun/14/1989 (Vote BCB 505/89)
Hélio Ribeiro de Oliveira Mar/15/1985 Mar/15/1985 Mar/15/1985 May/31/1989 Jun/1/1989
Securities Market Directorate (Dimec)
Keyler Carvalho Rocha Jan/26/1988 Jan/27/1988 Jan/27/1988 Jan/9/1990 Jan/10/1990
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 28
[Governor Elmo Araújo Camões’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Directorate (Difis)
José Tupy Caldas de Moura Aug/301985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip)
Juarez Soares Jan/26/1988 Jan/27/1988 Jan/27/1988 Oct/13/1988 Oct/14/1988 interim Deputy Governor for Didip (Memoir BCB Keyler Carvalho Rocha Oct/14/1988 Dec/19/1988 630/88) Carlos Thadeu de Freitas Gomes Dec/13/1988 Dec/14/1988 Dec/19/1988 Jun/29/1989 Jun/30/1989
External Debt Affairs Directorate (Divex)
Antonio de Pádua Seixas Nov/19/1985 Nov/201985 Nov/26/1985 Nov/14/1988 Nov/17/1988 interim Deputy Governor for Divex (Ordinance 188 Arnim Lore Nov/17/1988 Mar/14/1990 Mar/14/1990 from the Ministry of Finance)
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 29
Governor: Wadico Waldir Bucchi - [interim] Appointment Dismissal Inauguration Decree Published Decree Published acting Governor from June/22 to Oct/24/1989; appointed Governor by a decree of Oct/24/1989, Jun/22/1989 Jun/23/1989 Mar/14/1990 Mar/14/1990 published on Oct/25/1989 dismissed as of 15th
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Antenor Araken Caldas Farias Mar/8/1988 Mar/9/1988 Mar/9/1988 Mar/14/1990 Mar/14/1990
Banking Area Directorate (Diban)
from Oct/31/89 to Mar/14/1990, appointed Wadico Waldir Bucchi May/19/1987 May/20/1987 May/20/1987 Mar/14/1990 Governor, he was interim Deputy Governor for Diban until dismissed [see notes 1 and 2 above]
External Area Directorate (Direx)
Arnim Lore Mar/8/1988 Mar/9/1988 Mar/9/1988 Mar/14/1990 Mar/14/1990 dismissed as of 15th
Securities Market Directorate (Dimec)
Keyler Carvalho Rocha Jan/26/1988 Jan/27/1988 Jan/27/1988 Jan/9/1990 Jan/10/1990
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 30
[Governor Wadico Waldir Bucchi’s administration - interim] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Directorate (Difis)
José Tupy Caldas de Moura Aug/30/1985 Sep/2/1985 Sep/4/1985 Mar/14/1990 Mar/14/1990
Public Debt and Open Market Directorate (Didip) - Discontinued definitively on Mar/16/1990 with the establishment of the Monetary Policy Directorate (Vote BCB 258/90)
Carlos Thadeu de Freitas Gomes Dec/13/1988 Dec/14/1988 Dec/19/1988 Jun/29/1989 Jun/30/1989 Wadico Waldir Bucchi headed Presi and Didip (Memoir BCB 581/89) on Jul/5/1989 the Governor’s cabinet was deactivated (Vote BCB 578/89) Jun/30/1989 Oct/31/1989 on Nov/1/1989 the Governor’s cabinet resumed its operations, the proposals of Vote BCB 578/89 were voided (Memoir BCB 910/89 and 911-B/89)
Francisco Amadeu Pires Felix Oct/30/1989 Oct/31/1989 Oct/31/1989 Mar/14/1990 Mar/14/1990
External Debt Affairs Directorate (Divex)
interim Deputy Governor for Divex (Ordinance 188 Arnim Lore Nov/17/1988 Mar/14/1990 Mar/14/1990 from the Ministry of Finance)
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 31
Governor: Ibrahim Eris Appointment Dismissal Inauguration Decree Published Decree Published Mar/15/1990 Mar/15/1990 Mar/15/1990 May/16/1991 May/17/1991
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Ibrahim Eris Mar/15/1990 Mar/15/1990 headed Presi and Dirad (Memoir BCB 261/90) Gustavo Jorge Laboissière Loyola Mar/16/1990 Apr/24/1990 headed Dinor and Dirad (Memoir BCB 260/90) Joubert Furtado Apr/23/1990 Apr/24/1990 Apr/24/1990 Jun/21/1991 Jun/24/1991
Banking Area Directorate (Diban) - discontinued on Mar/16/1990, with the establishment of the Monetary Policy Directorate (Vote BCB 258/90)
Ibrahim Eris Mar/15/1990 Mar/15/1990 headed both Presi and Diban (Memoir BCB 261/90)
Monetary Policy Directorate (Dipom) - created on Mar/16/1990, with the fusion of the Directorate for the Banking Area and the Directorate of Public Debt and Open Market (Vote BCB 258/90)
Luis Eduardo Alves de Assis Mar/15/1990 Mar/16/1990 Mar/15/1990 Jun/6/1991 Jun/7/1991 dismissed as of Jun/3/1991
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 32
[Governor Ibrahim Eris’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
External Area Directorate (Direx) - On Mar/16/1990, was transformed into the Foreign Exchange and International Affairs Directorate
Ibrahim Eris Mar/15/1990 Mar/15/1990 headed both Presi and Direx (Memoir BCB 261/90)
Foreign Exchange and International Affairs Directorate (Direx) - created on Mar/16/1990 (Vote BCB 258/90 - Ordinance 209) International Affairs Directorate (Direx) – had its duties redefined and its name modified on Jul/20/1990 (Vote BCB 610/90-C - Ordinance 212) Antonio Cláudio Leonardo Pereira Mar/15/1990 Mar/16/1990 Mar/15/1990 Mar/15/1991 Mar/18/1991 Sochaczewski headed in both Presi and Direx (Memoir BCB Ibrahim Eris Mar/18/1991 May/16/1991 May/17/1991 109/91) was dismissed from the position of Governor
Supervision Directorate (Difis)
headed both Presi and Difis (Memoir BCB 260 and Ibrahim Eris Mar/15/1990 Apr/24/1990 261/90) Eliseu Martins Apr/23/1990 Apr/24/1990 Apr/24/1990 Jun/6/1991 Jun/7/1991
Securities Market Directorate (Dimec) – extinguished on Mar/16/1990 with the creation of the Directorate for Norms and Financial System Organization (Vote BCB 258/90)
Ibrahim Eris Mar/15/1990 Mar/15/1990 headed Presi and Dinor (Memoir BCB 261/90)
Norms and Financial System Organization Directorate (Dinor) – created on Mar/16/1990 (Vote BCB 258/90)
Gustavo Jorge Laboissière Loyola Mar/15/1990 Mar/16/1990 Mar/15/1990 Jan/24/1995 creation date of the Board of Governors
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 33
Governor: Francisco Roberto André Gros Appointment Dismissal Inauguration Decree Published Decree Published May/16/1991 May/17/1991 May/16/1991 Nov/12/1992 Nov/16/1992
Deputy Governors
Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Directorate (Dirad)
Joubert Furtado Apr/23/1990 Apr/24/1990 Apr/24/1990 Jun/21/1991 Jun/24/1991 Cincinato Rodrigues de Campos Jun/21/1991 Jun/24/1991 Jun/24/1991 Jan/24/1992 creation date of the Board of Governors
Board of Governors – concept introduced on Jan/24/1992 (Vote BCB 57/92) - see notes IX to XI on p. 5 Administration Area (Dirad)
Cincinato Rodrigues de Campos Jan/24/1992 Nov/30/1992 Dec/1/1992
Monetary Policy Directorate (Dipom)
Luis Eduardo Alves de Assis Mar/15/1990 Mar/16/1990 Mar/15/1990 Jun/6/1991 Jun/7/1991 dismissed as of Jun/3/1991 Pedro Luiz Bodin de Moraes May/31/1991 Jun/3/1991 Jun/3/1991 Jan/24/1992 creation date of the Board of Governors
Board of Governors – concept introduced on Jan/24/1992 (Vote BCB 57/92) - see notes IX to XI on p. 5 Monetary Policy Area (Dipom)
Pedro Luiz Bodin de Moraes Jan/24/1992 Nov/30/1992 Dec/1/1992
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 34
[Governor Francisco Roberto André Gros’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
International Affairs Directorate (Direx)
Joubert Furtado May/13/1991 Jun/7/1991 headed both Dirad and Direx (Memoir BCB 244/91)
Arminio Fraga Neto Jun/6/1991 Jun/7/1991 Jun/7/1991 Jan/24/1992 creation date of the Board of Governors
Board of Governors – concept introduced on Jan/24/1992 (Vote BCB 57/92) - see notes IX to XI on p. 5 International Affairs Area (Direx)
Arminio Fraga Neto Jan/24/1992 Nov/30/1992 Dec/1/1992
Supervision Directorate (Difis)
Eliseu Martins Apr/23/1990 Apr/24/1990 Apr/24/1990 Jun/6/1991 Jun/7/1991 Luiz Nelson Guedes de Carvalho Jun/6/1991 Jun/7/1991 Jun/7/1991 Jan/24/1992 creation date of the Board of Governors
Board of Governors – concept introduced on Jan/24/1992 (Vote BCB 57/92) - see notes IX to XI on p. 5 Supervision Area (Difis)
Luiz Nelson Guedes de Carvalho Jan/24/1992 Apr/5/1993 Apr/6/1993
Norms and Financial System Organization Directorate (Dinor) – created on Mar/16/1990 (Vote BCB 258/90)
Gustavo Jorge Laboissière Loyola Mar/15/1990 Mar/16/1990 Mar/15/1990 Jan/24/1995 creation date of the Board of Governors
Board of Governors – concept introduced on Jan/24/1992 (Vote BCB 57/92) - see notes IX to XI on p. 5 Norms and Financial System Organization Area (Dinor)
Gustavo Jorge Laboissière Loyola Jan/24/1992 Nov/12/1992 Nov/16/1992
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 35
Governor: Gustavo Jorge Laboissière Loyola Appointment Dismissal Inauguration Decree Published Decree Published Nov/12/1992 Nov/13/1992 Nov/17/1992 Mar/25/1993 Mar/29/1993
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Cincinato Rodrigues de Campos Jan/24/1992 Nov/30/1992 Dec/1/1992 creation date of the Board of Governors; see p. 33 headed cumulatively "until inauguration of new Emílio Garófalo Filho Dec/2/1992 Apr/6/1993 member" (Memoir BCB 824/92)
Monetary Policy Area (Dipom)
Pedro Luiz Bodin de Moraes Jan/24/1992 Nov/30/1992 Dec/1/1992 creation date of the Board of Governors; see p. 33 João Heraldo dos Santos Lima Nov/30/1992 Dec/1/1992 Dec/1/1992 Apr/5/1993 Apr/6/1993
International Affairs Area (Direx)
Arminio Fraga Neto Jan/24/1992 Nov/30/1992 Dec/1/1992 creation date of the Board of Governors; see p. 34
Emílio Garófalo Filho Nov/30/1992 Dec/1/1992 Dec/1/1992 Apr/5/1993 Apr/6/1993
Supervision Area (Difis)
Luiz Nelson Guedes de Carvalho Jan/24/1992 Apr/5/1993 Apr/6/1993 creation date of the Board of Governors; see p. 34
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 36
[Governor Gustavo Jorge Laboissière Loyola’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
Gustavo Jorge Laboissière Loyola Jan/24/1992 Nov/12/1992 Nov/16/1992 creation date of the Board of Governors; see p. 34 after being appointed Governor, remained head of Gustavo Jorge Laboissière Loyola Nov/18/1992 Mar/25/1993 Dinor (Memoir BCB 802/92-A of Nov/18/1992)
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 37
Governor: Paulo César Ximenes Alves Ferreira Appointment Dismissal Inauguration Decree Published Decree Published Mar/25/1993 Mar/26/1993 Mar/29/1993 Sep/8/1993 Sep/9/1993
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
headed cumulatively "until inauguration of new Emílio Garófalo Filho Dec/2/1992 Apr/6/1993 assignee" (Memoir BCB 824/92) Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
João Heraldo dos Santos Lima Nov/30/1992 Dec/1/1992 Dec/1/1992 Apr/5/1993 Apr/6/1993 Francisco Amadeu Pires Felix Apr/5/1993 Apr/6/1993 Apr/6/1993 Sep/8/1993 Sep/9/1993
International Affairs Area (Direx)
Emílio Garófalo Filho Nov/30/1992 Dec/1/1992 Dec/1/1992 Apr/5/1993 Apr/6/1993 José Roberto Novaes de Almeida Apr/5/1993 Apr/6/1993 Apr/6/1993 Sep/8/1993 Sep/9/1993
Supervision Area (Difis)
Luiz Nelson Guedes de Carvalho Jan/24/1992 Apr/5/1993 Apr/6/1993 creation date of the Board of Governors; see p. 34 Sérgio de Iudícibus Apr/5/1993 Apr/6/1993 Apr/6/1993 Sep/8/1993 Sep/9/1993
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 38
[Governor Paulo César Ximenes Alves Ferreira’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
as appointed Governor, headed Dinor cumulatively Paulo César Ximenes Alves Ferreira Mar/29/1993 Apr/6/1993 (Memoir BCB 197/93 of Mar/29/1993) Cláudio Ness Mauch Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/20/1996
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 39
Governor: Pedro Sampaio Malan Appointment Dismissal Inauguration Decree Published Decree Published Sep/8/1993 Sep/9/1993 Sep/9/1993 Dec/31/1994 Dec/31/1994 dismissed as of Jan/1/1995
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
Francisco Eduardo de Almeida Pinto Sep/8/1993 Sep/9/1993 Sep/9/1993 Feb/21/1994 Feb/22/1994 headed Presi and Dipom conjointly (Memoir BCB Pedro Sampaio Malan Feb/22/1994 Mar/7/1994 73/94) headed Dinor in Mr. Gustavo Loyola’s Alkimar Ribeiro Moura Mar/4/1994 Mar/7/1994 Mar/7/1994 Mar/20/1996 administration (see note 3 on p. 43)
International Affairs Area (Direx)
Appointed Governor, continued to head Direx Gustavo Henrique de Barroso Franco Sep/8/1993 Sep/9/1993 Sep/9/1993 Sep/3/1997 cumulatively (see note 2 on p. 45)
Supervision Area (Difis)
headed Difis cumulatively"until inauguration of new Cláudio Ness Mauch Sep/9/1993 Dec/7/1993 assignee", pursuant to Memoir BCB 554/93 Edson Bastos Sabino Dec/3/1993 Dec/6/1993 Dec/7/1993 Jun/29/1995 Jun/30/1995
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 40
[Governor Pedro Sampaio Malan’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
Cláudio Ness Mauch Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/20/1996
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 41
Governor: Gustavo Henrique de Barroso Franco - [interim] Appointment Dismissal Inauguration Decree Published Decree Published 31/Dec/1994 Dec/31/1994 Jan/11/1995 until appointment of new member pursuant to decree
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
headed Dinor in Mr. Gustavo Loyola’s Alkimar Ribeiro Moura Mar/4/1994 Mar/7/1994 Mar/7/1994 Mar/20/1996 administration (see note 1 on p. 43)
International Affairs Area (Direx)
Appointed Governor, continued to head Direx Gustavo Henrique de Barroso Franco Sep/8/1993 Sep/9/1993 Sep/9/1993 Sep/3/1997 cumulatively (see note 2 on p. 45)
Supervision Area (Difis)
Edson Bastos Sabino Dec/3/1993 Dec/6/1993 Dec/7/1993 Jun/29/1995 Jun/30/1995
Norms and Financial System Organization Area (Dinor)
Cláudio Ness Mauch Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/20/1996
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 42
Governor: Persio Arida Appointment Dismissal Inauguration Decree Published Decree Published Jan/10/1995 Jan/11/1995 Jan/12/1995 Jun/12/1995 Jun/13/1995
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
headed Dinor in Mr. Gustavo Loyola’s Alkimar Ribeiro Moura Mar/4/1994 Mar/7/1994 Mar/7/1994 Mar/20/1996 administration (see note 1 on p. 43)
International Affairs Area (Direx)
Appointed Governor, continued to head Direx Gustavo Henrique de Barroso Franco Sep/8/1993 Sep/9/1993 Sep/9/1993 Sep/3/1997 cumulatively (see note 2 on p. 45)
Supervision Area (Difis)
Edson Bastos Sabino Dec/3/1993 Dec/6/1993 Dec/7/1993 Jun/29/1995 Jun/30/1995
Norms and Financial System Organization Area (Dinor)
Cláudio Ness Mauch Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/20/1996
Economic Policy Area (Dipec) - created on Dec/27/1994 (Vote BCB 617/94) Francisco Lafaiete de Pádua Lopes Jan/11/1995 Jan/12/1995 Jan/12/1995 Mar/3/1999 Mar/4/1999
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 43
Governor: Gustavo Jorge Laboissière Loyola Appointment Dismissal Inauguration Decree Published Decree Published Jun/12/1995 Jun/13/1995 Jun/13/1995 Aug/19/1997 Aug/20/1997
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
began to head Dinor (Ordinance 268 - Memoir BCB Alkimar Ribeiro Moura Mar/4/1994 Mar/7/1994 Mar/7/1994 Mar/20/1996 125/96) headed Dipom and Dipec cumulatively, from Francisco Lafaiete de Pádua Lopes Mar/20/1996 Mar/3/1999 Mar/4/1999 Mar/20/1996 to Mar/3/1999 (Ordinance 268 and Memoir BCB 125/96)
International Affairs Area (Direx)
appointed Governor, remained as head of Direx Gustavo Henrique de Barroso Franco Sep/8/1993 Sep/9/1993 Sep/9/1993 Sep/3/1997 cumulatively (see note 2 on p. 45)
Supervision Area (Difis)
Edson Bastos Sabino Dec/3/1993 Dec/6/1993 Dec/7/1993 Jun/29/1995 Jun/30/1995 interim Deputy Governor from Jun/30/1995 to Cláudio Ness Mauch Jun/30/1995 Mar/3/1999 Mar/4/1999 Mar/20/1996 (Memoir BCB 265/95); designated member by Ordinance 268 of Mar/20/1996
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 44
[Governor Gustavo Jorge Laboissière Loyola’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
Cláudio Ness Mauch Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/20/1996 began to head Dinor (Ordinance 268 - Memoir BCB Alkimar Ribeiro Moura Mar/20/1996 Sep/2/1997 Sep/3/1997 125/96)
Economic Policy Area (Dipec)
Francisco Lafaiete de Pádua Lopes Jan/11/1995 Jan/12/1995 Jan/12/1995 Mar/3/1999 Mar/4/1999
Restructuring of the State’s Financial System and of the Debts of States, Federal District and Municipalities Area - created on Dec/4/1996 (Vote BCB 478/96)
Paolo Enrico Maria Zaghen Nov/29/1996 Dec/2/1996 Dec/2/1996 Jul/28/1999 Jul/29/1999 designated by Ordinance 274
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 45
Governor: Gustavo Henrique de Barroso Franco Appointment Dismissal Inauguration Decree Published Decree Published Aug/19/1997 Aug/20/1997 Aug/20/1997 Mar/3/1999 Mar/4/1999
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Carlos Eduardo Tavares de Andrade Apr/5/1993 Apr/6/1993 Apr/6/1993 Mar/3/1999 Mar/4/1999
Monetary Policy Area (Dipom)
headed Dipom and Dipec cumulatively, from Francisco Lafaiete de Pádua Lopes Mar/20/1996 Mar/3/1999 Mar/4/1999 Mar/20/1996 to Mar/3/1999 (see note 2 on p. 43)
International Affairs Area (Direx)
as of Aug/20/1997, was appointed Governor, but Gustavo Henrique de Barroso Franco Sep/8/1993 Sep/9/1993 Sep/9/1993 Sep/3/1997 remained as head of Direx cumulatively, until inauguration of new assignee Demosthenes Madureira de Pinho Neto Sep/2/1997 Sep/3/1997 Sep/3/1997 Mar/3/1999 Mar/4/1999
Supervision Area (Difis)
see note 4 on p. 43 Cláudio Ness Mauch Jun/30/1995 Mar/3/1999 Mar/4/1999
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 46
[Governor Gustavo Henrique de Barroso Franco’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
on this date, in Mr. Gustavo Loyola’s Alkimar Ribeiro Moura Mar/20/1996 Sep/2/1997 Sep/3/1997 administration, he began to head Dinor (see note 1 on p. 44) date of Ordinance 34,325, which designated him to Sérgio Darcy da Silva Alves Sep/2/1997 Sep/3/1997 Sep/3/1997 Apr/12/2006 head Diesp, in Mr. Henrique Meirelles’ administration (see note 8 on p. 52)
Economic Policy Area (Dipec)
Francisco Lafaiete de Pádua Lopes Jan/11/1995 Jan/12/1995 Jan/12/1995 Mar/3/1999 Mar/4/1999
Restructuring of the State’s Financial System and of the Debts of States, Federal District and Municipalities Area - created on Dec/4/1996 (Vote BCB 478/96)
Paolo Enrico Maria Zaghen Nov/29/1996 Dec/2/1996 Dec/2/1996 Jul/28/1999 Jul/29/1999 designated by Ordinance 274
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 47
Governor: Arminio Fraga Neto Appointment Dismissal Inauguration Decree Published Decree Published Mar/3/1999 Mar/4/1999 Mar/4/1999 Dec/31/2002 Jan/1/2003
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Edison Bernardes dos Santos Mar/3/1999 Mar/4/1999 Mar/4/1999 Mar/13/2003 Mar/14/2003
Monetary Policy Area (Dipom)
date of Ordinance 22,332, which designated him to Luiz Fernando Figueiredo Mar/3/1999 Mar/4/1999 Mar/4/1999 Mar/17/2003 head Diesp, in Mr. Henrique Meirelles’ administration
International Affairs Area (Direx)
date of Ordinance 17,616, which designated him Daniel Luiz Gleizer Mar/3/1999 Mar/4/1999 Mar/4/1999 Jan/11/2002 Deputy Governor for Special Matters Beny Parnes Dec/31/2001 Jan/2/2002 Jan/11/2002 Oct/31/2003 Nov/3/2003
Supervision Area (Difis)
Luiz Carlos Alvarez Mar/3/1999 Mar/4/1999 Mar/4/1999 Dec/1/1999 Dec/2/1999 Carlos Eduardo de Freitas Nov/29/1999 Mar/30/2000 served cumulatively (Ordinance 10,739) Deputy Governor was unseated twice during her term by judicial order: from 1 to Aug/4/2000, and Tereza Cristina Grossi Togni Mar/29/2000 Mar/30/2000 Mar/30/2000 Mar/13/2003 Mar/14/2003 from 4 to Oct/23/2001. On both occasions, Deputy Governor Carlos Eduardo de Freitas headed Difis cumulatively. Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 48
[Governor Arminio Fraga Neto’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Norms and Financial System Organization Area (Dinor)
date of Ordinance 34,325, which designated him to Sérgio Darcy da Silva Alves Sep/2/1997 Sep/3/1997 Sep/3/1997 Apr/12/2006 head Diesp, in Mr. Henrique Meirelles’ administration (see note 8 on p. 52)
Economic Policy Area (Dipec)
designated as Deputy Governor for Special Studies Sérgio Ribeiro da Costa Werlang Mar/3/1999 Mar/4/1999 Mar/4/1999 Sep/14/2000 (Ordinance 13,097) Ilan Goldfajn Sep/13/2000 Sep/14/2000 Sep/14/2000 Jul/1/2003 Jul/2/2003
Restructuring of the State’s Financial System and of the Debts of States, Federal District and Municipalities Area (Direm) - created on Dec/4/1996 (Vote BCB 478/96)
Paolo Enrico Maria Zaghen Nov/29/1996 Dec/2/1996 Dec/2/1996 Jul/28/1999 Jul/29/1999 designated by Ordinance 274 headed Difis and Direm cumulatively (Memoir BCB 269/99) Luiz Carlos Alvarez Jul/29/1999 Aug/12/1999 date refers to Memoir BCB 283/99, which assigned Dep. Gov. Carlos Eduardo de Freitas to serve in Direm Direm was transformed into Difip (Vote BCB Carlos Eduardo de Freitas Aug/11/1999 Aug/12/1999 Aug/12/1999 Dec/1/1999 427/99) without changing the incumbent Dep. Gov.
Public Finance and Special Regimes Area (Difip) – Area created on Dec/1/1999 with alteration of Direm’s comp e tence s by Vote BCB 427/99
date when Direm was transformed into Difip (Vote BCB 427/99) without changing the incumbent Deputy Governor. Carlos Eduardo de Freitas Dec/1/1999 Apr/24/2002 date when Difip was transformed into Dilid (Vote BCB 170/2002) without changing the incumbent Deputy Governor.
Liquidation and Privatization (Dilid) - created on Apr/24/2002 with modification of name and structure of Difip, by Vote BCB 170/2002 date when Difip was transformed into Dilid Vote Carlos Eduardo de Freitas Apr/24/2002 May/7/2003 May/8/2003 BCB 170/2002 without changing the incumbent Dep. Governor. Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 49
[Governor Arminio Fraga Neto’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Deputy Governor for Special Studies Before the creation of the Directorate for Special Studies, some Deputy Governors were designated "Deputy Governors for Special Affairs", without specific organizational structure (consultants and secretaries) staffed to assist them.
designated by Ordinance 13,097 Sérgio Ribeiro da Costa Werlang Sep/14/2000 Oct/3/2000 Oct/4/2000 dismissed as of Sep/25/2000 Daniel Luiz Gleizer Jan/11/2002 Feb/15/2002 Feb/18/2002 designated by Ordinance 17,616
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 50
Governor: Henrique de Campos Meirelles Appointment Dismissal Inauguration Decree Published Decree Published Jan/1/2003 Jan/1/2003 Jan/2/2003 Dec/31/2010 Jan/1/2011
Deputy Governors
Board of Governors - see notes IX to XI on p. 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
Edison Bernardes dos Santos Mar/3/1999 Mar/4/1999 Mar/4/1999 Mar/13/2003 Mar/14/2003 designated by Ordinance 22,332 and later by João Antônio Fleury Teixeira Mar/17/2003 Mar/13/2003 Mar/14/2003 Oct/31/2006 Nov/1/2006 Ordinance 32,972 (see note XII on p. 5) headed Dilid and Dirad from Oct/31/2006 Antonio Gustavo Matos do Vale Oct/31/2006 Dec/6/2007 (Ordinance 37,000) to Dec/6/2007 (Ordinance 42,129) designated by Ordinance 42,129 date of Ordinance 63,809, which designated him Anthero de Moraes Meirelles Dec/5/2007 Dec/6/2007 Dec/6/2007 Mar/2/2011 Deputy Governor for Supervision, in Mr. Alexandre Tombini‘s administration [on p. 56]
Monetary Policy Area (Dipom)
date of Ordinance 22,332, which designated him to Luiz Fernando Figueiredo Mar/3/1999 Mar/4/1999 Mar/4/1999 Mar/17/2003 head Special Studies Luiz Augusto de Oliveira Candiota Mar/132003 Mar/14/2003 Mar/17/2003 Jul/28/2004 Jul/29/2004 designated by Ordinance 22,332 designated by Ordinance 27,514 Afonso Sant'Anna Bevilaqua Jul/29/2004 Oct/20/2004 date of Ordinance 28,379, which designated him to head Dipec
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 51
[Governor Henrique de Campos Meirelles’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
(continued) Monetary Policy Area (Dipom)
designated by Ordinance 28,380 and later by Rodrigo Telles da Rocha Azevedo Oct/19/2004 Oct/20/2004 Oct/20/2004 Apr/26/2007 Apr/27/2007 Ordinance 32,972 (see note XII on p. 5) Mario Gomes Torós Apr/26/2007 Dec/4/2009 Dec/7/2009 designated by Ordinance 39,308 Deputy Governor was appointed on Nov/26/2009 by a decree published on Nov/27/2009; he was Aldo Luiz Mendes Dec/7/2009 Nov/30/2009 Jul/6/2016 Jul/7/2016 assigned to head Dipom on Dec/7/2009 by Ordinance 54,397
International Affairs Area (Direx) Beny Parnes Dec/31/2001 Jan/2/2002 Jan/11/2002 Oct/31/2003 Nov/3/2003 designated by Ordinance 24,580 and later by Alexandre Schwartsman Nov/3/2003 Oct/31/2003 Nov/3/2003 Apr/27/2006 Apr/28/2006 Ordinance 32,972 (see note XII on p. 5) headed Dinor and Direx cumulatively, from Alexandre Antonio Tombini Apr/28/2006 Jun/14/2006 Apr/28/2006 (Ordinance 34,490) to Jun/14/2006 (Ordinance 34,931)
Paulo Vieira da Cunha May/29/2006 May/30/2006 Jun/14/2006 Jan/11/2008 Jan/14/2008 designated by Ordinance 34,391 headed Dinor and Direx cumulatively (Ordinance Alexandre Antonio Tombini Jan/14/2008 Jan/20/2008 42,750 and Memoir BCB 19/2008) although appointed on Jan/14/2008, Deputy Governor was inaugurated only on Jan/21/2008, Maria Celina Berardinelli Arraes Jan/21/2008 Jan/11/2008 Jan/14/2008 Jan/18/2010 Jan/19/2010 designated to Direx by Ordinance 42,860 of Jan/21/2008
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 52
[Governor Henrique de Campos Meirelles’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
(continued) International Affairs Area (Direx)
headed Dipom and Direx cumulatively from Aldo Luiz Mendes Jan/18/2010 Feb/26/2010 Jan/18/2010 (Ordinance 55,281) to Feb/26/2010 (Ordinance 56,098) designated by Ordinance 56,098 of Feb/26/2010 headed conjointly both Direx and Dipec, from Carlos Hamilton Vasconcelos Araújo Feb/25/2010 Feb/26/2010 Feb/26/2010 Apr/27/2010 Mar/31/2010 to Apr/27/2010. On this date, with the inauguration of the new Dep. Governor for Direx, he began to head Dipec only.
Luiz Awazu Pereira da Silva Apr/20/2010 Apr/22/2010 Apr/27/2010 Sep/28/2015 Sep/29/2015 designated by Ordinance 57,317
Supervision Area (Difis)
Tereza Cristina Grossi Togni Mar/29/2000 Mar/30/2000 Mar/30/2000 Mar/13/2003 Mar/14/2003
designated by Ordinance 22,332 and later by Paulo Sérgio Cavalheiro Mar/17/2003 Mar/13/2003 Mar/14/2003 Dec/17/2007 Dec/18/2007 Ordinance 32,972 (see note XII on p. 5) Alvir Alberto Hoffmann Dec/17/2007 Dec/18/2007 Dec/19/2007 Mar/1/2011 Mar/2/2011 designated by Ordinance 42,339
Norms and Financial System Organization Area (Dinor)
in 2005, after the Internal Regulations were published, he was designated by Ordinance 32,972 Sérgio Darcy da Silva Alves Sep/2/1997 Sep/3/1997 Sep/3/1997 Apr/12/2006 (see p. 5) date of Ordinance 34,325, which designated him to Diesp Alexandre Antonio Tombini Apr/12/2006 Jan/1/2011 Jan/1/2011 designated by Ordinance 34,325
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 53
[Governor Henrique de Campos Meirelles’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Economic Policy Area (Dipec)
Ilan Goldfajn Sep/13/2000 Sep/14/2000 Sep/14/2000 Jul/1/2003 Jul/2/2003 designated by Ordinance 23,365 Afonso Sant'Anna Bevilaqua Jul/2/2003 Jul/29/2004 date of Ordinance 27,514, which designated him Deputy Governor for Monetary Policy headed Dipec and Diesp from Jul/29/2004 Eduardo Henrique de Mello Motta Loyo Jul/29/2004 Oct/20/2004 (Ordinance 27,515) to Oct/20/2004 (Ordinance 28,378) designated by Ordinance 28,379, and later by Afonso Sant'Anna Bevilaqua Oct/20/2004 Mar/6/2007 Mar/7/2007 Ordinance 32,972 (see note XII on p. 5) headed Dipec and Diesp from Mar/7/2007 (Ordinance 38,735) to Apr/25/2007 (Ordinance Mário Magalhães Carvalho Mesquita Mar/7/2007 Mar/31/2010 39,294) date of Ordinance 56,858, which designated him to head Special Studies designated by Ordinance 56,859 “without hindering the duties related to the Area of International Affairs.” Headed conjointly Direx and Carlos Hamilton Vasconcelos Araújo Mar/31/2010 Feb/18/2015 Feb/19/2015 Dipec from Mar/31/2010 to Apr/27/2010. On the same date, with inauguration of the new Deputy Governor for Direx, began to head Dipec only Liquidation and Privatization Area (Dilid) date when Difip was transformed into Dilid, in Mr. Arminio Fraga's administration (Vote BCB Carlos Eduardo de Freitas Apr/24/2002 May/7/2003 May/8/2003 170/2002), without changing the incumbent Deputy Governor. designated by Ordinance 22,820 and later by Ordinance 32,972 (see note XII on p. 5) Antonio Gustavo Matos do Vale May/7/2003 May/8/2003 May/8/2003 Mar/25/2009 date when the name and structure of Dilid were modified (Vote BCB 120/2009); the acronym remained the same Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 54
[Governor Henrique de Campos Meirelles’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Liquidation and Surveillance of Farm Credit Operations Area (Dilid) - Area created on Mar/25/2009 with alteration of its competences, by Vote BCB 120/2009 – the acronym remained the same.
Dilid underwent alteration without changing the Antonio Gustavo Matos do Vale Mar/25/2009 Mar/1/2011 Mar/2/2011 incumbent Deputy Governor
Deputy Governor for Special Studies Before the creation of the Directorate for Special Studies, two Deputy Governors were designated "Deputy Governors for Special Studies" without specific organizational structure (consultants and secretaries) staffed to assist them.
designated by Ordinance 22,332 Luiz Fernando Figueiredo Mar/26/2003 Mar/17/2003 Mar/27/2003 dismissed as of Mar/21/2003 designated by Ordinance 23,320 Afonso Sant'Anna Bevilaqua Jun/25/2003 Jun/26/2003 Jun/26/2003 Jul/2/2003 date of Ordinance 23,365, which designated him to head Dipec
Special Studies Area (Diesp) - created on Jul/30/2003 (Vote BCB 208/2003); ended operations on May/23/2007 (Vote BCB 140/2007)
Eduardo Henrique de Mello Motta Loyo Aug/19/2003 Aug/20/2003 Aug/21/2003 Jun/1/2005 Jun/2/2005 designated by Ordinance 23,901 designated by Ordinance 30,894, and later, by Ordinance 32,972 (see note XII on p. 5). Ordinance 30,894 revoked Ordinance 30,845, which Alexandre Antonio Tombini Jun/2/2005 Jun/3/2005 Jun/3/2005 Apr/12/2006 had appointed Deputy Governor Afonso Bevilaqua to head Diesp date of Ordinance 34,325, which designated him to head Dinor
Sérgio Darcy da Silva Alves Apr/12/2006 Apr/19/2006 Apr/20/2006 designated by Ordinance 34,325
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 55
[Governor Henrique de Campos Meirelles’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
(continued) Special Studies Area (Diesp)
designated by Ordinance 34,397 date of Ordinance 34,722, which designated him to Afonso Sant'Anna Bevilaqua Apr/20/2006 Jun/1/2006 Dipec; the same ordinance designated Mr. Mário Mesquita to Diesp date of Ordinance 39,294, which designated Mr. Mário Magalhães Carvalho Mesquita May/29/2006 May/30/2006 Jun/1/2006 Apr/25/2007 Mario Torós to DIESP date of Ordinance 39,308, which designated him to Mario Gomes Torós Apr/24/2007 Apr/252007 Apr/25/2007 Apr/26/2007 head Dipom
Diesp ended operations on May/23/2007 (Vote BCB 140/2007) After the Area for Special Studies was deactivated, Deputy Governor Mário Mesquita was designated to head the "Area for Special Studies", without specific organizational structure (consultants and secretaries) staffed to assist him
designated by Ordinance 56,858, “to head the Area Mário Magalhães Carvalho Mesquita Mar/31/2010 Apr/7/2010 Apr/8/2010 for Special Studies”
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 56
Governor: Alexandre Antonio Tombini Appointment Dismissal Inauguration Decree Published Decree Published Jan/1/2011 Jan/1/2011 Jan/1/2011 Jun/8/2016 Jun/9/2016
Deputy Governors
Board of Governors - see notes IX to XI on page 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
designated by Ordinance 42,129 Anthero de Moraes Meirelles Dec/5/2007 Dec/6/2007 Dec/6/2007 Mar/2/2011 date of Ordinance 63,809, which designated him Deputy Governor for Supervision designated by Ordinance 63,807 date of Ordinance 86,709, which designated him to Altamir Lopes Mar/1/2011 Mar/2/2011 Mar/2/2011 Sep/29/2015 head the Area for Economic Policy, and revoked Ordinance 63,807 designated by Ordinance 86,708 “without Sep/29/2015 Sep/18/2017 Sep/19/2017 Luiz Edson Feltrim hindering his duties in Direc”
Monetary Policy Area (Dipom)
appointed Deputy Governor by a decree dated Nov/26/2009, published on Nov/27/2009. It was Dec/7/2009 Nov/302009 Jul/6/2016 Jul/7/2016 Aldo Luiz Mendes only on Dec/7/2009 he was assigned to head Dipom by Ordinance 54,397
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 57
[Governor Alexandre Antonio Tombini’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Supervision Area (Difis)
Alvir Alberto Hoffmann Dec/17/2007 Dec/18/2007 Dec/19/2007 Mar/1/2011 Mar/2/2011 designated by Ordinance 42,339 Anthero de Moraes Meirelles Mar/2/2011 Sep/18/2017 Sep/19/2017 designated by Ordinance 63,809
International Affairs Area (Direx)
designated by Ordinance 57,317 on May/4/2011 (Vote BCB 104/2011), Direx had its Luiz Awazu Pereira da Silva Apr/20/2010 Apr/22/2010 Apr/27/2010 May/4/2011 name and competences altered. The acronym remained unchanged and there was no change of Deputy Governor.
International Affairs and Risk Management Area (Direx) - pursuant to Vote BCB 104/2011 with alteration of Direx’s competences – the acronym remained the same
designated by Ordinance 64,847 Luiz Awazu Pereira da Silva May/4/2011 Apr/27/2015 date of Ordinance 84,899, which designated him to serve Deputy Governor for Economic Policy Tony Volpon Apr/23/2015 Apr/24/2015 Apr/27/2015 Jul/6/2016 Jul/7/2016 designated by Ordinance 84,901
Norms and Financial System Organization Area (Dinor)
designated to head Dinor “without hindering his duties in Direx” (Ordinance 62,484) Luiz Awazu Pereira da Silva Jan/3/2011 May/4/2011 on May/4/2011 (Vote BCB 104/2011), Dinor had its name and competences altered. The acronym remained unchanged
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 58
[Governor Alexandre Antonio Tombini’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Financial System Regulation Area (Dinor) - created on May/4/2011 (Vote BCB 104/2011)
designated by Ordinance 64,847, cumulatively with Direx on Jun/25/2013 (Vote 147/2013-BCB), Dinor had Luiz Awazu Pereira da Silva May/4/2011 Jun/25/2013 its name and structure altered. The acronym remained unchanged and there was no change of Deputy Governor
Regulation Area (Dinor) - created on Jun/25/2013 by Vote 147/2013-BCB with alteration of Dinor’s internal structure – the acronym remained the same
on Jun/25/2013 (Vote 147/2013-BCB), Dinor had its name and structure altered. The acronym remained unchanged and there was no change of Luiz Awazu Pereira da Silva Jun/25/2013 Feb/5/2015 Deputy Governor Designated to head Direx and Dipec by Ordinance 84,092 designated by Ordinance 84,093 cumulatively with Difis Ordinance 84,093 was revoked with the Anthero de Moraes Meirelles Feb/5/2015 Apr/27/2015 inauguration of Deputy Governor Otávio Ribeiro Damaso and the coming into effect of Ordinance 84,900. Still incumbent after the end of Apr/23/2015 Apr/24/2015 Apr/27/2015 designated by Ordinance 84,900 Otávio Ribeiro Damaso Mr. Antonio Tombini’s term
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 59
[Governor Alexandre Antonio Tombini’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Economic Policy Area (Dipec)
designated by Ordinance 56,859 “without hindering the duties related to the Area of International Affairs.” Headed Direx and Dipec conjointly, from Mar/31/2010 to Apr/27/2010. On Carlos Hamilton Vasconcelos Araújo Mar/31/2010 Feb/18/2015 Feb/19/2015 the same date, with the inauguration of the new Deputy Governor for Direx, he began to serve only in Dipec. On Feb/5/2015, ceased to head Dipec, pursuant to Ordinance 84,092, which revoked Ordinance 56,859. designated by Ordinance 84,042 cumulatively with Direx until Apr/27/2015. On this date, he began to Luiz Awazu Pereira da Silva Feb/5/2015 Sep/28/2015 Sep/29/2015 serve only in Dipec, pursuant to Ordinance 84,899 with the inauguration of Deputy Governor Tony Volpon. Altamir Lopes Sep/29/2015 Jun/28/2016 Jun/29/2016 designated by Ordinance 86,709
Liquidation and Surveillance of Farm Credit Operations Area (Dilid)
Dilid underwent alteration without changing the Antonio Gustavo Matos do Vale Mar/25/2009 Mar/1/2011 Mar/2/2011 incumbent Deputy Governor designated by Ordinance 63,808 date in which Dilid was transformed into Diorf Sidnei Corrêa Marques Mar/1/2011 Mar/2/2011 Mar/2/2011 May/4/2011 (Vote BCB 104/2011); there was no change of Deputy Governor Financial System Organization and Control of Farm Credit Area (Diorf) - created on May/4/2011, derived from Dilid with alteration of its competences by Vote BCB 104/2011 He remained in office after Mr. designated by Ordinance 64,848 Sidnei Corrêa Marques May/4/2011 Antonio Tombini’s term was finished
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 60
[Governor Alexandre Antonio Tombini’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Special Affairs Area (Diasp) - created on May/31/2012 (Vote 117/2012-BCB)
designated by Ordinance 71,403 Luiz Edson Feltrim Jun/27/2012 Jun/28/2012 Jun/28/2012 May/4/2011 Diasp was transformed into Direc (Vote 199/2012- BCB); there was no change of Deputy Governor
Institutional Relations and Citizenship (Direc) - created on Sep/13/2012 by Vote 199/2012-BCB date refers to Vote 199/2012-BCB, which established Direc; shortly after, the Deputy Governor was designated by Ordinance 72,878 of Sep/27/2012, which validated his acts signed from Luiz Edson Feltrim Sep/13/2012 Jul/7/2016 13 to Sep/27. date of Ordinance 89,734, which designated him to head the Administration Area only, and revoked Ordinance 71,403
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 61
Governor: Ilan Goldfajn Appointment Dismissal Inauguration Decree Published Decree Published Jun/8/2016 Jun/9/2016 Jun/6/2011 Feb/28/2019 Feb/28/2019
Deputy Governors
Board of Governors - see notes IX to XI on page 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
designated by Ordinance 86,708 “without hindering his duties in Direc” Sep/29/2015 Luiz Edson Feltrim Sep/18/2017 Sep/19/2017 date of Ordinance 89,734, which designated him to Jul/7/2016 head the Administration Area only, and revoked Ordinance 71,403 designated by Ordinance 94,917 date of Ordinance 97,819, which designated him to Mauricio Costa de Moura Sep/18/2017 Sep/19/2017 Sep/19/2017 Apr/26/2018 head the Area of Institutional Relations and Citizenship and revoked Ordinance 89,735 according to the decree, from Apr/19/2021, she Carolina de Assis Barros Apr/25/2018 Apr/26/2018 Apr/26/2018 Incumbent shall exert her term up to Dec/31/2024
Monetary Policy Area (Dipom)
appointed Deputy Governor by a decree dated Nov/26/2009, published on Nov/27/2009. Only on Aldo Luiz Mendes Nov/30/2009 Dec/7/2009 Jul/6/2016 Jul/7/2016 Dec/7/2009 he was assigned to head Dipom by Ordinance 54,397 Reinaldo Le Grazie Jul/6/2016 Jul/7/2016 Jul/7/2016 Dec/20/2018 Dec/21/2018 designated by Ordinance 89,736
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 62
[Governor Ilan Goldfajn’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Monetary Policy Area (Dipom)
date of Ordinance 100,771, which designated him Carlos Viana de Carvalho Dec/21/2018 Feb/28/2019 to head Dipom
Supervision Area (Difis)
Anthero de Moraes Meirelles Mar/2/2011 Sep/18/2017 Sep/19/2017 designated by Ordinance 63,809 designated by Ordinance 94,918 Paulo Sérgio Neves de Souza Sep/18/2017 Sep/19/2017 Sep/19/2017 Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Feb/28/2023
International Affairs and Risk Management Area (Direx)
Tony Volpon Apr/23/2015 Apr/24/2015 Apr/27/2015 Jul/6/2016 Jul/7/2016 designated by Ordinance 84,901 Tiago Couto Berriel Jul/6/2016 Jul/7/2016 Jul/7/2016 Jun/21/2019 designated by Ordinance 89,738
Regulation Area (Dinor)
designated by Ordinance 84,900 Otávio Ribeiro Damaso Apr/23/2015 Apr/24/2015 Apr/27/2015 Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Dec/31/2024
Economic Policy Area (Dipec)
Altamir Lopes Sep/29/2015 Jun/28/2016 Jun/29/2016 designated by Ordinance 86,709 Aldo Luiz Mendes Jun/29/2016 Jul/6/2016 Jul/7/2016 designated by Ordinance 89,612 Carlos Viana de Carvalho Jul/6/2016 Jul/7/2016 Jul/7/2016 ⓫ Dec/21/2018 Dec/21/2018 ⓫ designated by Ordinance 89,737 Tiago Couto Berriel Dec/21/2018 ⓬ Feb/28/2019 ⓬ designated by Ordinance 100,770
Continues...
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 63
[Governor Ilan Goldfajn’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
Financial System Organization and Control of Farm Credit Area (Diorf)
designated by Ordinance 64,848 date when the name and competences of the Sidnei Corrêa Marques May/4/2011 Dec/22/2016 Diorf were modified (Vote 116/2016-CMN and Ordinance 91,740); the acronym remained the same
Licensing and Resolution (Diorf)
Diorf was restructured without changing the Sidnei Corrêa Marques Dec/22/2016 Feb/28/2019 incumbent Deputy Governor
Institutional Relations and Citizenship (Direc) - created on Sep/13/2012 by Vote 199/2012-BCB
date refers to Vote 199/2012-BCB, which created Direc; shortly after, the Deputy Governor was designated by Ordinance 72,878 of Sep/27/2012, Luiz Edson Feltrim Sep/13/2012 Jul/7/2016 which validated his acts signed from 13 to Sep/27. date of Ordinance 89,734, which designated him to head the Area Administration only, and revoked Ordinance 71,403 Isaac Sidney Menezes Ferreira Jul/6/2016 Jul/7/2016 Jul/7/2016 Apr/26/2018 designated by Ordinance 89,735 Date of Ordenance 97.819, which designated him to head the Directorate of Institutional Relations and Maurício Costa de Moura Apr/26/2018 Incumbent Citizenship; it revoked Ordinance 89.735 according to the decree, from Apr/19/2021, he shall exert his term up to Dec/31/2023
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 64
Governor: Roberto de Oliveira Campos Neto Appointment Dismissal Inauguration Decree Published Decree Published according to the decree, from Apr/19/2021, Feb/28/2019 Feb/28/2018 Feb/28/2019 incumbent he shall exert his term up to Dec/31/2024
Deputy Governors
Board of Governors - see notes IX to XI on page 5 Appointment Dismissal Name Inauguration Decree Published Decree Published
Administration Area (Dirad)
according to the decree, from Apr/19/2021, she Apr/25/2018 Apr/26/2018 Apr/26/2018 Carolina de Assis Barros Incumbent shall exert her term up to Dec/31/2024
Monetary Policy Area (Dipom)
date of Ordinance 101,923, which designated him to head Dipom Feb/28/2019 Bruno Serra Fernandes Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Feb/28/2023
Supervision Area (Difis)
designated by Ordinance 94,918 Paulo Sérgio Neves de Souza Sep/18/2017 Sep/19/2017 Sep/19/2017 Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Feb/28/2023
Continues... Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 65
[Governor Roberto de Oliveira Campos Neto’s administration] – Deputy Governors (continued)
Appointment Dismissal Name Inauguration Decree Published Decree Published
International Affairs and Corporative Risk Management Area (Direx)
Tiago Couto Berriel Mar/1/2019 Jun/21/2019 designated by Ordinance 101,925 João Manoel Pinho de Mello Jun/6/2019 Jul/5/2019 designated by Ordinance 103,417 Fernanda Feitosa Nechio Jul/4/2019 Jul/5/2019 Jul/5/2019 May/7/2021 designated by Ordinance 103,666 publication date of exoneration decree appointed to conjointly head Direx, without João Manoel Pinho de Mello May/7/2021 Jul/26/2021 hindering his duties in Diorf (Ordinance 110.376)
Fernanda Magalhães Rumenos designated by Ordinance 103.666 Jul/23/2021 Jul/26/2021 Jul/26/2021 Incumbent according to decree published on Jul/26/2021, Guardado shall exert her term up to Dec 31/2023
Regulation Area (Dinor)
designated by Ordinance 84,900 Otávio Ribeiro Damaso Apr/23/2015 Apr/24/2015 Apr/27/2015 Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Dec/31/2024
Economic Policy Area (Dipec)
Carlos Viana de Carvalho Feb/28/2019 Oct/1/2019 Oct/2/2019 designated by Ordinance 101,926 Mauricio Costa de Moura Oct/1/2019 Oct/1/2019 publication date of the exoneration Decree publication date of Ordenance 104.829, which Otávio Ribeiro Damaso Oct/2/2019 Oct/2/2019 designated him to cumulatively head the Economic Policy area Bruno Serra Fernandes Oct/3/2019 Dec/12/2019 publication date of inauguration Decree publication date of Ordinance 105,662, which Fábio Kanczuk Nov/29/2019 Dec/12/2019 Incumbent ⓫ designates new assignee and revokes Ordinance 104.829. Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 66
⓫according to the decree, from Apr/19/2021, he shall exert his term up to Dec/31/2021
Continues... [Governor Roberto de Oliveira Campos Neto’s administration] – Deputy Governors (continued) Appointment Dismissal Name Inauguration Decree Published Decree Published
Licensing and Resolution (Diorf)
designated by Ordinance 101,924 according to the decree, from Apr/20/2021, he João Manoel Pinho de Mello Feb/28/2019 Incumbent shall exert his term up to Dec/31/2021 appointed to conjointly head Direx, without hindering his duties in Diorf (Ordinance 110.376)
Institutional Relations and Citizenship (DIREC)
date of Ordinance 97,819, which designated him to Maurício Costa de Moura 26/Apr/2018 Jun/6/2019 head the Directorate related to Institutional Relations and Citizenship, revoked Ordinance 89,735
Institutional Relations, Citizenship, and Supervision of Conduct (Direc) - created on Jun/6/2019, with an update of its competences by Vote 110/2019-CMN and Ordinance 103,198 Direc has gone through an update, with no changes in the incumbent Deputy Governor Jun/6/2019 Mauricio Costa de Moura Incumbent according to the decree, from Apr/19/2021, he shall exert his term up to Dec/31/2023
Historical Composition of the Board of Governors Overview of the Governors’ Administrations P. 67
Information Sources:
1. BANCO CENTRAL DO BRASIL. Brasília. Board minutes historical collection, 1965-2021 2. VIEIRA, José Antonio Berardinelli. Banco Central do Brasil: organização e funcionamento. Brasília: BCB/DIRAD 1978. 442p. 3. BANCO CENTRAL DO BRASIL. Departamento de Planejamento. Evolução da Estrutura Organizacional do Banco desde 1965. File no. 970078934, NDOC-ORIGEM PRESI-90/0475 of 21/Mar/1990
Historical Research:
All historical data were collected and organized by the Office for the Management of Electronic Records and Minutes - SECRE/SUCON/DIBAS/SUDOC Updated on August 3, 2021 - 10:35
Translation Notes:
1 – Vote (Portuguese: Voto) is a document presented before the Board of the CMN or BCB, which advocates a decision from the Board on a specific matter. 2 – Ordinance (Portuguese: Portaria) is a document issued by an authority containing instructions, nominations, dismissals or other provisions.