Carlos Costa (banker)

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Carlos Costa
Governor of the Banco de Portugal
Incumbent
Assumed office
7 June 2010
Preceded by Vítor Constâncio
Personal details
Born (1949-11-03) 3 November 1949 (age 64)
Oliveira de Azeméis, Portugal
Nationality Portuguese
Alma mater University of Porto
Occupation Economist

Carlos da Silva Costa (born November 3, 1949 in Oliveira de Azeméis) is a Portuguese economist and the current governor of the Bank of Portugal since June 7, 2010.[1]

On 22 April 2010 Costa was nominated for a five-year-term by the Portuguese government, recommended by the Finance minister Teixeira dos Santos. He replaced Vítor Constâncio, who became vice president of the European Central Bank on June 1, 2010.

Career[edit]

Carlos Costa started his career in 1973 as a lecturer in economics at the University of Porto and graduated there.[2] in 1981 he went to the former Banco Português do Atlântico, now Banco Comercial Português (BCP), research department. As a member of the EU’s economic policy committee from 1986 to 1992, he was engaged in European integration before becoming chief of staff of the Portuguese European commissioner from 1993 to 1999.

In 2006 he became vice president of the European Investment Bank[3] and responsible for banks' funding financing operations in Spain, Portugal, Belgium and Luxembourg, as well as in Asia and South America. Prior to that, he had positions on the board of directors at Caixa Geral de Aposentações, a bank for pension funds, Banco Nacional Ultramarino and Itaú Unibanco holdings.

References[edit]

  1. ^ Banco de Portugal: Address by Governor Carlos da Silva Costa at the Centro Português de Estudos retrieved July 17, 2011
  2. ^ Biography at Banco de Portugal website retrieved July 17, 2011
  3. ^ Reuters: Carlos Costa nominated for Bank of Portugal chief retrieved April 22, 2010

External links[edit]