Pedro Malan
Encyclopedia
Pedro Sampaio Malan is a Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian economist and former Minister of Finance for Brazil.

Early life

Pedro Sampaio Malan was born in 1943 in Petropolis, a town in honor of Dom Pedro II to the north of Rio de Janeiro. He was educated in a Jesuit school before studying electrical engineering at the Pontifícia Universidade Católica do Rio de Janeiro
Pontifícia Universidade Católica do Rio de Janeiro
The Pontifícia Universidade Católica do Rio de Janeiro is a private and non-profit Catholic university, located in Rio de Janeiro, the second largest city of Brazil...

.

While working as a research associate at Rio's Institute of Applied Economic Research
Institute of Applied Economic Research
The Instituto de Pesquisa Econômica Aplicada or Institute of Applied Economic Research is a Brazilian government-led research organization dedicated to generation of macroeconomical, sectorial and thematic studies in order to base government planning and policy making.It was created on 1964 and,...

 he first met the U.S. economics teacher Albert Fishlow
Albert Fishlow
Albert Fishlow is the director of the Columbia Institute of Latin American Studies and director of the Center for the Study of Brazil at Columbia. He was previously the Paul A. Volcker Senior Fellow for International Economics at the Council of Foreign Relations.Dr...

, who would in 1973 be his adviser for his doctorate in economics from the University of California
University of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...

 at Berkeley. His thesis was Brazil's Place in the International Economy.

Malan continued to live in the USA working for various multilateral agencies until 1993.

Brazilian Central Bank

Malan returned to Brazil in 1993 at the request of the then finance minister Fernando Henrique Cardoso
Fernando Henrique Cardoso
Fernando Henrique Cardoso – also known by his initials FHC – was the 34th President of the Federative Republic of Brazil for two terms from January 1, 1995 to December 31, 2002. He is an accomplished sociologist, professor and politician...

, who asked him to head the Central Bank.
Malan was President of the Brazilian Central Bank, from September 9, 1993 to December 31, 1994.

Minister of Finance

Malan was the Minister of Finance for Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

, from January 1, 1995 to December 31, 2002, during the presidency of Fernando Henrique Cardoso
Fernando Henrique Cardoso
Fernando Henrique Cardoso – also known by his initials FHC – was the 34th President of the Federative Republic of Brazil for two terms from January 1, 1995 to December 31, 2002. He is an accomplished sociologist, professor and politician...

. Along with Marcílio Marques Moreira
Marcílio Marques Moreira
Marcílio Marques Moreira , was the Brazilian Minister of Finance during right wing government of Fernando Collor de Mello, responsible for overseeing the Plano Collor...

, Malan worked for the Fernando Collor de Mello
Fernando Collor de Mello
Fernando Affonso Collor de Mello was the 32nd president of Brazil from 1990 to 1992, when he resigned in a failed attempt to stop his trial of impeachment by the Brazilian Senate...

 administration as an official negotiator of the foreign debt of Brazil with the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

. 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
Plano Real
The Plano Real was a set of measures taken to stabilize the Brazilian economy in early 1994, under the direction of Fernando Henrique Cardoso as the Minister of Finance, during the presidency of Itamar Franco....

.

Unibanco

Malan is Chairman of the Board of Directors of the Unibanco
Unibanco
Unibanco stands for União de Bancos Brasileiros . The bank was born in 1924 in Poços de Caldas in the state of Minas Gerais. In time its headquarters moved to São Paulo, Brazil's financial center...

 bank, the third largest private bank in Brazil.

External links

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