March 03, 2015 8:25 PM ET

Banks

Company Overview of Banco Central do Brasil

Company Overview

Banco Central do Brasil operates as an autonomous federal government institution that forms part of the National Financial System. The company performs various functions of the government bank, including controlling foreign trade operations; executing foreign exchange operations on behalf of public sector enterprises and the National Treasury; executing the rules set forth by the Currency and Credit Superintendence (SUMOC), as well as the Bank for Agricultural, Industrial, and Commercial Credit; and receiving reserve requirements and voluntary deposits of commercial banks. It also operates as a currency issuing bank and the government’s financial agent. The company was founded in 1964 and is...

Setor Bancário Sul

Quadra 3

Bloco B

Brasilia, DF 70074-900

Brazil

Founded in 1964

Phone:

55 61 3414 1414

Key Executives for Banco Central do Brasil

Head of Accounting and Financial Department
Executive Secretariat
Head of Administration
Head of International Affairs and Risk Management
Head of Supervision
Compensation as of Fiscal Year 2014.

Banco Central do Brasil Key Developments

Central Bank Appoints Jim Uebel as Market President

Central Bank has announced that it has named a market president. Jim Uebel has joined the bank. He has more than 30 years of experience in commercial banking and commercial real estate lending.

Brazilian Central Bank Names Tony Volpon as Director of International Affairs

The Brazilian central bank has named a new member to its board. The bank has named Tony Volpon, head of emerging market research in the Americas for Nomura Securities International, as its director of international affairs. Volpon has been a vocal critic of the bank's currency interventions.

Central Bank Appoints Gerry Cross Director of Risk and Policy, Effective in May 2015

Gerry Cross has been appointed director of policy and risk at the Central Bank. Mr. Cross, who is due to take up the role in May 2015, is currently managing director of advocacy at the Association for Financial Markets in Europe. He previously worked in Britain's Financial Services Authority, Fortis Group and the University of Wales. His role at the Central Bank will see him work on regulatory policy for the banking, insurance, funds and securities markets.

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