Pedro Malan

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Pedro Malan
Min Pedro Malan.jpg
Minister of Finance
In office
1 January 1995 – 1 January 2003
President Fernando Henrique Cardoso
Preceded by Ciro Gomes
Succeeded by Antonio Palocci
President of the Central Bank of Brazil
In office
9 September 1993 – 31 December 1994
Nominated by Itamar Franco
Preceded by Paulo César Ximenes
Succeeded by Gustavo Franco
Personal details
Born (1943-02-19) 19 February 1943 (age 72)
Petropolis, Rio de Janeiro, Brazil[1]
Alma mater Pontifical Catholic University of Rio de Janeiro[1]
University of California, Berkeley

Pedro Sampaio Malan (born 1943 in Rio de Janeiro) is a Brazilian economist and former Minister of Finance for Brazil. is father of journalist and correspondent Cecília Malan, currently standing at Rede Globo.

Early life[edit]

Pedro Sampaio Malan was born in 1943 in Petropolis, a town named in honor of Dom Pedro II 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.

While working as a research associate at Rio's Institute of Applied Economic Research 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. His thesis was Brazil's Place in the International Economy.

Malan continued to live in the USA working for various multilateral agencies until 1993.[2]

Brazilian Central Bank[edit]

Malan returned to Brazil in 1993 at the request of the then finance minister Fernando Henrique Cardoso, 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[edit]

Malan was the Minister of Finance for Brazil, from January 1, 1995 to December 31, 2002, during the presidency of Fernando Henrique Cardoso. Along with Marcílio Marques Moreira, Malan worked for the Fernando Collor de Mello administration as an official negotiator of the foreign debt of Brazil with the International Monetary Fund.[3] He is credited with successfully reforming the nation's banking system, saving Brazil from the negative effects of 1997's Asian market crisis.[2]

He was also one of the architects of the Plano Real.


Malan is Chairman of the Board of Directors of the Unibanco bank, the third largest private bank in Brazil.[4]


External links[edit]

Preceded by
Fernando Henrique Cardoso
Minister of Finance of Brazil
Succeeded by
Antonio Palocci
Preceded by
Paulo César Ximenes
President of Central Bank of Brazil
Succeeded by
Gustavo Franco