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Carlos da Silva Costa


Carlos da Silva Costa Governor since 7 June 2010.
He is a member of the Governing Council and of the General Council of the European Central Bank, of the General Board of the European Systemic Risk Board and of the Financial Stability Board Regional Consultative Group for Europe. He is the Chairman of the National Council of Financial Supervisors.

He is honorary Vice-President of the European Investment Bank (EIB), Visiting Full Professor at the Portuguese Catholic University of Oporto and at the University of Aveiro.

He was born on 3 November 1949. He graduated in Economics from the Faculty of Economics of Oporto University (1973).

From October 2006 to May 2010 he was Vice-President of the EIB, with responsibility for EIB funding and for EIB financing operations in Portugal, Spain, Belgium, Luxembourg, Latin America and Asia.

Member of the Market Participants Consultative Panel of the Committee of European Securities Regulators (2008-2010).

Vice-President of the “European MANUFUTURE High Level Group” (2005-2006).

From April 2004 to September 2006, he was Executive Director of Caixa Geral de Depósitos, Chairman of the Board of Directors of Caixa Geral de Aposentações, Chairman of the Board of Directors of Banco Nacional Ultramarino S.A., Macao, and President of Banco Caixa Geral (Spain). From January to August 2005 he was also a member of the Board of Directors of Unibanco Holdings, S.A., Brazil.

General Manager of Millennium BCP (2000-March 2004) and member of the Board of Directors of the Euro Banking Association (2001-2003). From 1993 to end-1999 he was Head of Cabinet of European Commissioner João de Deus Pinheiro, with responsibility in “Communication, Culture and Audiovisual” policies (1993-1994) and the EU cooperation policy with Africa, the Caribbean and the Pacific (1995-1999).

Coordinator of the Economic and Financial Affairs Department in the Portuguese Permanent Representation to the European Union and member of the EU Economic Policy Committee (1986-1992).

From 1988 to 1992 he was a member (in a personal capacity) of the Portuguese “Higher Council for the Reform of the Financial System - 1992”. This Council presented the “White Paper on the Financial System”, which formed the basis for a comprehensive reform of the legal framework of the Portuguese financial system.

Non-executive member of the Board of Directors of the National Statistical Institute (1990-1992).

From 1981 to 1985 he was Head of the Research Department on the Portuguese Economy of Banco Português do Atlântico, having joined this bank in January 1978.

Lecturer at the Faculty of Economics of Oporto University (1973-1986) and professor of a postgraduate course at the European Studies Centre of the Portuguese Catholic University of Oporto (1986-2000).

He was distinguished with the honour of “Grand Officer of the Order of Prince Henry the Navigator”.