Roberto Campos Neto

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] "Neto" is not his surname, but a suffix that means grandson in Portuguese, and is used for those with the same name as their grandfather.

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
Campos Neto in 2019
President of the Central Bank
Assumed office
28 February 2019
Nominated byJair Bolsonaro
Preceded byIlan Goldfajn
Personal details
Born
Roberto de Oliveira Campos Neto

(1969-06-28) 28 June 1969
RelativesRoberto Campos (grandfather)
Alma mater

On 15 November 2018 Campos Neto was announced as the future President of the Central Bank of Brazil in the administration of Jair Bolsonaro.[2] As a Central Banker, Campos Neto 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 Neto 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 Neto studied economics and finance at UCLA, from which he received a bachelor's degree.[5] He holds two master's degrees, one in economics from UCLA and another in applied mathematics from Caltech.[6]

Career

From 1996 to 1999, Campos Neto 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 Neto is a close acquaintance of Paulo Guedes, the Economy minister.[1] On 26 February 2019, Campos Neto's 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 Neto was elected as the "Central Bank President of the Year" by the British magazine The Banker.[8] That same year, Campos Neto 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. Roberto Campos Neto é indicado para comandar o BC no governo Bolsonaro, G1, accessed 17 November 2018
  2. Roberto Campos Neto comandará Banco Central, Agência Brasil EBC, accessed 17 November 2018
  3. 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.{{cite news}}: CS1 maint: url-status (link)
  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. Members International Monetary Fund (IMF).
  10. Board of Governors World Bank.


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