Pérsio Arida

Who is Pérsio Arida?

Pérsio Arida is a Brazilian economist and a Former President of the Central Bank of Brazil.

In the 1970s, he was a part of the student activist movement in Brazil, and was arrested and tortured. He studied at the University of São Paulo and the Massachusetts Institute of Technology.

He has served the Brazilian government by taking part in the crafting of the Plano Real; more specifically, he was one of the creators of the Unidade Real de Valor, a non-monetary currency and the most sophisticated and theoretical piece of the Plano Real. In 1995, he served as the President of the Central Bank of Brazil and Special Secretary of Social-Economic Coordination, Ministry of Planning. In the private sector, he was a Board Member of Banco Itaú Holding Financeira S.A. and Banco Itaú S.A., Board Member of Sul-América S.A, Director of Opportunity Asset Management Ltda., Board Member of Unibanco S.A. and Special Adviser for the Presidency and Director of Brasil Warrant Ltd. Since the 1970s, he has also worked as an economic and financial consultant.

As of 2008, he is working as a member of the Executive Council of the Instituto Moreira Salles.

Personally, he is also a fan of classical music.