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Former governors


António Augusto Pereira de Miranda

(Coimbra, 1838-Lisbon,1922)
Governor (1887-1891) , Businessman; Politician; Deputy; Purveyor of Santa Casa da Misericórdia de Lisboa (Lisbon’s almshouse); President of the Board of Directors of the Railway Company; Peer of the Realm; Minister of the Public Treasury.
 
Painter: João Reis, 1969

Pedro Augusto de Carvalho

(Lisbon, 1841-1894)
 
Governor (1891-1894) , Politician; Deputy for the town of Ponta Delgada; Jurist; Director of Caixa Geral de Depósitos (Savings Bank); Director-General of the Contributions; Deputy Attorney General of the Crown; Auditor of the Public Credit Board.
 
Painter: Agostinho Salgado, 1969

Júlio Marques de Vilhena

(Ferreira do Alentejo, 1845-1928)
 
Governor (1895-1907) – Politician (‘Partido Regenerador’), Peer of the Realm, Jurist, Member and President of the Royal Academy of Sciences, Editor of ‘Jornal Económico’ and ‘Diário Popular’, Minister for the Navy and the Overseas and Minister for Justice and Ecclesiastical Affairs, Judge of the Supreme Administrative Court and President of the Navy League.
 
Painter: Eduardo Malta, 1969

José Adolfo de Mello e Sousa

(Figueira da Foz, 1858-1925)
 
Governor (1907-1910) , Businessman and financier; President of the Lisbon Trade Association; Deputy for the village of Arganil; Peer of the Realm; State Advisor; Director of Banco Comercial; Director of Fidelidade Insurance Company; Member of Partido Regenerador Liberal.
 
Painter: Rui Preto Pacheco, 1969

Inocêncio Camacho Rodrigues

(Moura, 1867-1943 )
Governor (1911-1936) , Politician; Professor of the Faculty of Sciences; Journalist; Director-General of the Public Treasury; Minister of Finance; Deputy; Journalist-contributor to the newspapers "A Luta" and "A Pátria".
 
Painter: Abel Manta, 1969

Rafael da Silva Neves Duque

(Torres Novas, 1893-1969)
Governor (1957-1963) , Lawyer; Politician; Minister of Agriculture; Minister of the Economy; (interim) Minister of Commerce and Industry.
 
Painter: Henrique Medina, 1969

António Manuel Pinto Barbosa

(Murtosa, 1917-2006)

Governor (1966-1974) , Economist; University Professor; Minister of Finance (1955-1965); representative of Portugal at the World Bank (1961-1966) and at the International Monetary Fund (1966-1974). Full member of the Academy of Sciences of Lisbon.

Painter: Henrique Medina, 1975

Manuel Jacinto Nunes

(Lisbon, 1926-2014)
Vice-Governor (1960-1974); Interim Governor (1963-1966); Governor (1974-1975, 1980-1985) , Economist; Full Professor; Member of the Board of Caixa Geral de Depósitos (1976-1980); Vice-Prime Minister for Economic Affairs and European Integration; Minister of Finance and of the Plan. Governor for Portugal at the International Monetary Fund (1960-1985). President of the Class of Letters of the Academy of Sciences of Lisbon (1980-1985); President of the Academy of Sciences of Lisbon (1980, 1982-1984); Vice-President of the Society of Geography of Lisbon (1974-1979); President of the Portuguese-British Chamber of Commerce. He was member of the Advisory Board of the Banco de Portugal.
 
Painter: Sá Nogueira, 1985

José da Silva Lopes

(Seiça, 1932 - Lisbon, 2015)
 
Governor (1975-80) - Economist; Minister of Finance and of the Plan (1978); Member of the Board of the European Bank for Reconstruction and Development (EBRD) (1980); Portugal’s representative at the World Bank; Counsultant of Caixa Geral de Depósitos; Chairman of the 10th Committee created to examine non-financial state-owned enterprises (1981). He was member of the Advisory Board of Banco de Portugal.
 
Painter: Lima de Freitas, 1985

Vítor Manuel Ribeiro Constâncio

(Lisbon, 1943)
He was Governor of the Banco de Portugal from 1985 to 1986 and from February 2000 to May 2010. He was Vice-President of the European Central Bank from 2010 to 2018.
Graduated in Economics from the Universidade Técnica de Lisboa (Lisbon Technical University). Before having been appointed to his present position at the Banco de Portugal, he was Executive Director of the Banco Português de Investimento (1995-2000) and non-executive Director of the Electricidade de Portugal (EDP), the Portuguese national power utility (1998-2000). He is a member of the Conselho de Estado, an advisory body to the President of the Republic. He is Invited Senior Professor of Economics at the Instituto Superior de Economia e Gestão (Technical University of Lisbon) since 1989, culminating a long academic career. In addition to having performed functions as Secretary of State for the Budget and Planning in the first two Provisional Governments (1974-1975), he was again Secretary of State for the Budget and Planning for the IV Provisional Government in 1976. He was elected Member of Parliament in 1976, and was again Member of Parliament from 1980 to 1981 and from 1987 to 1988. He started his activity at the Banco de Portugal in 1975, as Head of the Economic Studies and Research Department. He was appointed Vice-Governor in 1977, a position which he would resume later in 1979 and in the period from 1981 to 1984. In 1977, he was appointed President of the Commission for European Integration, a post which he occupied again in 1979. He was Minister of Finance and Budget Planning of the II Constitutional Government in 1978.
 
Painter: Luís Pinto Coelho, 1987

José Alberto Tavares Moreira

(Póvoa de Varzim, 1944)
Governor (1986-1992) , Economist; Director and Member of the Management Board of Banco Pinto & Sotto Mayor (1973-1976); Member of the Board of Caixa Geral de Depósitos (1979-1981); Secretary of State of the Treasury (1980-1981); Secretary of State of the Minister of Finance and the Treasury (1985-1986). He is member of the Advisory Board of the Banco de Portugal.
 
Painter: Luís Pinto Coelho, 1993

Luís Miguel Couceiro Pizarro Beleza

(Porto, 1950 - Lisbon, 2017)
Economic advisor and economic consultant (1979-1987); Member of the Board (1987-1990); Governor (1992-1994), Economist; Full professor; Minister of Finance (1990-1991); Economist of the International Monetary Fund (1984-1987); Consultant and Managing Editor of "Economia", a journal published by the Portuguese Catholic University. He was member of the Advisory Board of the Banco de Portugal.
 
Painter: Luís Pinto Coelho, 1996

António José Fernandes de Sousa

(1955)
 
Governor from June 1994 to February 2000. He graduated in Business Administration and Management from the Catholic University of Portugal. PhD in Business Management from the Wharton School of the University of Pennsylvania. Before his appointment as Governor, he was Assistant Secretary of State and Finance (1993-94), Assistant Secretary of State and External Trade (1991-93), Director of Banco Totta & Açores (1989-91), Secretary of State for Industry (1987-89) and Director of Investimentos e Participações do Estado (State investment company) (1986-87). At the Catholic University of Portugal, he was a professor (1975-1991), Head of the Management Department of the Faculty of Human Sciences and member of the Board of Trustees (1986-92). He is member of the Advisory Board of Banco de Portugal.
 
Painter: Pinheiro Sta Maria, 2001

Carlos da Silva Costa

(1949)

He was Governor from June 2010 to July 2020. He is a member of the International Advisory Board of the Osservatorio Permanente Giovani-Editori, Honorary Vice-President of the European Investment Bank (EIB) and Guest Professor at Universidade Católica Portuguesa in Porto. He holds an Economics Degree from the School of Economics and Management of the University of Porto (1973). He was EIB Vice-President (2006-10). He served as Member of the Board of Caixa Geral de Depósitos, Chairman of the Board of Caixa Geral de Aposentações, Chairman of the Board of Banco Nacional Ultramarino S.A., Macau and Chairman of Banco Caixa Geral (Spain) (2004-06). He also served on the Board of Unibanco Holdings, S.A., Brazil (2005). He was Director-General at Millennium BCP (2000–04) and sat on the Board of the Euro Banking Association (2001‒03). He served as Chief of Staff to European Commissioner João de Deus Pinheiro (1993-99), Coordinator of Economic and Financial Affairs at the Permanent Representation of Portugal to the European Union and member of the Economic Policy Committee of the European Union (1986-92). He headed the Centre for Studies on the Portuguese Economy of the Research Department of Banco Português do Atlântico (1981-85), having joined this bank in 1978. He was lecturer at the School of Economics and Management of the University of Porto (1973-86) and Professor on a Post-graduate course at the Centre for European Studies of Universidade Católica Portuguesa in Porto (1986-2000). He was made Grand Officer of the Order of Prince Henry. He is a member of the Advisory Board of the Banco de Portugal.