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.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.
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.
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.
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)
Non-profit organizations Council on Foreign Relations, member Group of Thirty (G30), memberArmínio Fraga Group of Thirty (G30) Columbia Global Center Rio de Janeiro, member of the advisory board (since 2013)Advisory Board - Rio de Janeiro Columbia Global Center Rio de Janeiro. Princeton University, member of the board of trustees (2018–2019)2018-2019 Board of Trustees Princeton University.
References
External links Publications at the National Bureau of Economic Research