Pedro Sampaio Malan (born 1943 in
Rio de Janeiro
Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a b ...
) is a Brazilian economist and former
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
of Brazil. He is the father of journalist and correspondent
Cecília Malan.
Early life
Pedro Sampaio Malan was born in 1943 in Petropolis, a town named in honor of
Dom Pedro II
Don (honorific), Dom PedroII (2 December 1825 – 5 December 1891), nicknamed "the Magnanimity, Magnanimous" ( pt, O Magnânimo), was the List of monarchs of Brazil, second and last monarch of the Empire of Brazil, reigning for over 58 years. ...
to the north of Rio de Janeiro. Malan was educated in a Jesuit school before studying electrical engineering at the
Pontifícia Universidade Católica do Rio de Janeiro
The Pontifical Catholic University of Rio de Janeiro ( pt, Pontifícia Universidade Católica do Rio de Janeiro, PUC-Rio) is a Jesuit, Catholic, pontifical university in Rio de Janeiro, Brazil. It is the joint responsibility of the Catholic ...
.
While working as a research associate at Rio's
Institute of Applied Economic Research The Institute of Applied Economic Research (Portuguese: ''Instituto de Pesquisa Econômica Aplicada'', Ipea) is a Brazilian government-led research organization dedicated to generation of macroeconomical, sectorial and thematic studies in order to b ...
he first met the U.S. economics teacher
Albert Fishlow, who would in 1973 be his adviser for his doctorate in economics from the
University of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u ...
. His thesis was ''Brazil's Place in the International Economy''.
Malan continued to live in the USA working for various multilateral agencies until 1993.
[Pedro Malan , Latin Trade , Find Articles at BNET.com](_blank)
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Brazilian Central Bank
Malan returned to Brazil in 1993 at the request of the then finance minister Fernando Henrique Cardoso
Fernando Henrique Cardoso (; born 18 June 1931), also known by his initials FHC (), is a Brazilian sociologist, professor and politician who served as the 34th president of Brazil from 1 January 1995 to 31 December 2002. He was the first Brazi ...
, who asked him to head the Central Bank.
Malan was President of the Brazilian Central Bank
The Central Bank of Brazil ( pt, Banco Central do Brasil) is Brazil's central bank. It was established on Thursday, 31 December 1964, a New Year's Eve.
The bank is not linked to any ministry, currently being autonomous. Like other central banks, ...
, from September 9, 1993, to December 31, 1994.
Minister of Finance
Malan was the Minister of Finance for Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, from January 1, 1995, to December 31, 2002, during the presidency of Fernando Henrique Cardoso
Fernando Henrique Cardoso (; born 18 June 1931), also known by his initials FHC (), is a Brazilian sociologist, professor and politician who served as the 34th president of Brazil from 1 January 1995 to 31 December 2002. He was the first Brazi ...
. Along with Marcílio Marques Moreira, Malan worked for the Fernando Collor de Mello
Fernando Affonso Collor de Mello (; born 12 August 1949) is a Brazilian politician who served as the 32nd president of Brazil from 1990 to 1992, when he resigned in a failed attempt to stop his impeachment trial by the Brazilian Senate. Coll ...
administration as an official negotiator of the foreign debt of Brazil with the International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
.A guerra eleitoral e o mercado na Internet
He is credited with successfully reforming the nation's banking system, saving Brazil from the negative effects of 1997's Asian market crisis.
He was also one of the architects of the
Plano Real
The Plano Real ("Real Plan",The word ''real'' in Portuguese could be translated either to ''real'' or ''royal'' in English. The name of the plan comes from the name of the currency which was chosen to give the idea of a stable and credible purc ...
.
Member of Boards
Pedro Malan is a former chairman of the Board of the Unibanco bank (2004 – 2008) and continues to sit as Chairman of the International Advisory Board of Itaú Unibanco.
Pedro is currently a member of the Boards of utility company EDP - Energias do Brasil (since 2006) and construction and industrial maintenance company Mills Estruturas e Serviços de Engenharia S/A (since 2010). He is a Trustee of the Thomson Reuters Trust Principles and a member of the Temasek International Panel.
Pedro also served on the Board of Souza Cruz S.A, a subsidiary company of British American Tobacco, until his appointment to the Board of British American Tobacco p.l.c.
Dr. Pedro Malan was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. He is a member of the Corporate Social Responsibility and Nominations Committees.
References
External links
Official biographyfrom the Brazilian Ministry of Finance (''Ministério da Fazenda'').
{{DEFAULTSORT:Malan, Pedro
1943 births
Brazilian economists
Recipients of the Great Cross of the National Order of Scientific Merit (Brazil)
People from Rio de Janeiro (city)
Presidents of the Central Bank of Brazil
Government ministers of Brazil
Finance Ministers of Brazil
Living people
Pontifical Catholic University of Rio de Janeiro alumni