Sergio Werlang

Professor, FGV Escola Brasileira de Economia e Finanças

Sérgio Werlang is a professor at FGV EPGE (Escola Brasileira de Economia e Finanças) and advisor to the presidente of FGV (Getulio Vargas Foundation). He teaches at FGV/EPGE since 1983. From August 1994 until December 1998 he was at Banco BBM as a director and later executive director, in capacities including responsibility for: credit analysis, macro and stock market research, risk analysis and asset management. From March 1999 until October 2000, he served as Deputy Governor of the Brazilian Central Bank (BACEN). In this capacity, Sérgio was responsible, among other tasks, for implementing the inflation targeting regime in Brazil. In February 2002 he joined Itaú as Senior Managing Director, and he was responsible for the proprietary trading desk and the economic department. In 2008 he was made executive vice president of Itaú S/A, with responsibilities for risk and finance of the conglomerate (CRO and responsible for the CFO). He remained in this capacity until he left the conglomerate in January 2013. Additionally, Sérgio was a member of the Board of several companies, including Braskem (August 2001 - December 2002), ItaúBBA, Serasa/Experian, IMPA, the Council of Curators of FGV, the Economic Council of FIESP (Federation of Industries of São Paulo), the International Trade Council of FIESP, the Economic Council of FIRJAN (Federation of Industries of Rio de Janeiro). He was a member of the Senior Advisory Board of Oliver Wyman.Currently he is President of the Council of ORT (Sociedade Israelita Brasileira de Organização, Reconstrução e Trabalho), a member of the Council of the Museum of Modern Art of São Paulo (MAM-SP), a member of the Economic Council of FIESP and President of the Board of Administration of IMPA. Sérgio holds an undergraduate degree in marine engineering from the Federal University of Rio de Janeiro (UFRJ, 1981), a master's degree in mathematical economics from the Institute of Pure and Applied Mathematics (IMPA, 1982), and a PhD in economics from Princeton University (1986). He was also a researcher at IMPA.


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