Gustavo Montezano
Chairman of the Brazilian Development Bank
In office
17 June 2019  1 January 2023
Appointed byJair Bolsonaro
Preceded byJoaquim Levy
Succeeded byAloizio Mercadante
Personal details
Born
Gustavo Henrique Moreira Montezano

(1980-09-25) 25 September 1980
Rio de Janeiro, Brazil
EducationMilitary Institute of Engineering (BE)
Economy and Finances School of Ibmec (MEc)
ProfessionEngineer, economist

Gustavo Henrique Moreira Montezano (born 25 September 1980) is a Brazilian economist and businessman who served as the president of the Brazilian Social and Economic Development Bank from 2019 to 2023.

Early life

He earned a Master of Economics at Ibmec University and Bachelor of Engineering at The Instituto Militar de Engenharia.[1]

Career

He was a partner of Banco Pactual, for which he acted as Executive Director for commodities and previously was responsible for the credit area, re-insurance, and project finance. He started his career as an analyst of Banco Opportunity in Rio de Janeiro.[2]

Presidency of BNDES

Joaquim Levy resigned on 16 June 2019, because of a controversy involving President Jair Bolsonaro and the nominee for Director of Capital Markets, Marcos Barbosa Pinto. Marcos Barbosa Pinto was the chief of staff for Demian Fiocca, President of BNDES during the Luiz Inácio Lula da Silva administration.[3] He was invited to serve as president of the bank.

References

  1. "Gustavo Henrique Moreira Montezano". Bloomberg. Retrieved 24 June 2019.
  2. Ortiz, Delis (17 June 2019). "Gustavo Montezano é escolhido para substituir Joaquim Levy na presidência do BNDES" (in Portuguese). G1. Retrieved 22 June 2019.
  3. Salomão, Alexa; Castanho, William; Caram, Bernardo (16 June 2019). "Joaquim Levy pede demissão da presidência do BNDES" (in Portuguese). Folha de S. Paulo. Retrieved 16 June 2019.
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