Joaquim Vieira Ferreira Levy was born on February 17,1961 and is a Brazilian economist and Brazil's former Finance Minister.
14 Facts About Joaquim Levy
Joaquim Levy was president of the Brazilian Development Bank.
Joaquim Levy was a professor of economics at FGV in the 1990s, before joining the IMF, where he worked from 1992 to 1999.
At the IMF Joaquim Levy held several positions in the Western Hemisphere Department, Europe I Department, Capital Markets, and Research.
Joaquim Levy was vice-president at the Inter-American Development Bank and Finance Secretary of the State of Rio de Janeiro, during the first administration of Governor Sergio Cabral Filho.
Between 1999 and 2000, Joaquim Levy was a visiting economist at the European Central Bank, having worked in the division of Capital Markets and Monetary Strategy.
In 2000 Joaquim Levy was appointed Deputy Secretary of Economic Policy at Brazil's Ministry of Finance, and in 2001 became Chief Economist at Brazil's Ministry of Planning, Budget, and Management.
Joaquim Levy helped Brazil obtain its investment grade credit rating by checking spending and overhauling its debt structure.
From 2007 to 2010 Joaquim Levy served as Finance Secretary of the State of Rio de Janeiro, under Governor Sergio Cabral.
From 2010 to November 2014, Joaquim Levy was the President of Bradesco Asset Management, an asset arm of the Brazilian giant financial conglomerate Bradesco, with more than US$130 billion under management.
Joaquim Levy left Bradesco at the invitation from Dilma Rousseff to assume the Ministry of Finance.
Joaquim Levy took office as Finance Minister on January 1,2015.
In November 2018, it was announced that Joaquim Levy was chosen by the team of President-elect Jair Bolsonaro to become the next president of the Brazilian Development Bank.
On 16 June 2019, Joaquim Levy left the presidency of the bank after a controversy between President Bolsonaro and the nominee for director of the bank's Capital Market, Marcos Barbosa Pinto, who was Chief of Staff of Demian Fiocca, former president of BNDES during the government of former President Lula.