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Gabriel Galípolo

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Brazilian economist (born 1982)
Gabriel Galípolo
President of the Central Bank of Brazil
Incumbent
Assumed office
1 January 2025
Nominated byLuiz Inácio Lula da Silva
Preceded byRoberto Campos Neto
Director of Monetary Policy of the Central Bank of Brazil
In office
12 July 2023 – 31 December 2024
Nominated byLuiz Inácio Lula da Silva
Preceded byBruno Serra Fernandes
Executive-Secretary of the Ministry of Finance
In office
1 January 2023 – 20 June 2023
MinisterFernando Haddad
Preceded byMarcelo Guaranys
Succeeded byDario Durigan
Chairman of Banco do Brasil
In office
12 May 2023 – 3 July 2023
Appointed byFernando Haddad
Preceded byIêda Cagni
Succeeded byAnelize Lenzi
Personal details
BornGabriel Muricca Galípolo
(1982-04-14) 14 April 1982 (age 42)
São Paulo, Brazil
Alma materPontifical Catholic University of São Paulo (BEc)
Profession
  • Economist
  • professor

Gabriel Muricca Galípolo (born 14 April 1982) is a Brazilian economist, ex-banker, writer and university professor, currently serving as the president of the Central Bank of Brazil. He had served as director of monetary policy of the Central Bank of Brazil, executive-secretary of the Ministry of Finance from 1 January to 20 June 2023 and chairman of Banco do Brasil from May to June 2023.

Galípolo is Bachelor of Economic Sciences and Master of Political Economy at the Pontifical Catholic University of São Paulo (PUC-SP) and had served as CEO of Banco Fator from 2017 to 2021. On 13 December 2022, during the presidential transition of president-elect Luiz Inácio Lula da Silva, he was announced as executive-secretary of the Finance Ministry, under minister Fernando Haddad. On 12 July 2023, Galípolo was sworn in as Director of Monetary Policy of the Central Bank.

On 28 August 2024, president Lula da Silva appointed Galípolo to succeed Roberto Campos Neto as President of the Central Bank. The announcement was made by Finance Minister, Fernando Haddad. His appointment was sent for a hearing in the Federal Senate, held on 8 October 2024. His nomination was approved by the Senate in a voting of 66–5.

Early life and education

Galípolo was born on 14 April 1982 in São Paulo, son to Vera and Eduardo Galípolo and has a brother, Diego. He holds a bachelor's degree in economics at the Pontifical Catholic University of São Paulo. He also holds a master's degree at the same institution, where he also taught. Under the orientation of João Machado Borges Neto, Galípolo defended his master's degree thesis in 2008, named The Law of Value as limit to the development of the Brazilian economy.

Career

In 2007, he began his public life career as Head of Economic Advisors of the São Paulo State Secretariat of Metropolitan Transportation during the governorship of José Serra. The following year, he took office as director of the State Secretary of Economy and Planning of São Paulo, current Secretariat of Finance and Planning.

He was CEO of Banco Fator from 2017 to 2021 and university professor at PUC-SP. Galípolo taught the MBA of public-private partnerships and concessions at the São Paulo School Foundation of Sociology and Politics (FESPSP) and is senior researcher of the Brazilian Center of Foreign Affairs.

Galípolo is co-author of books "Manda quem pode, obedece quem tem prejuízo", "A escassez na abundância capitalista" and "Dinheiro: o poder da abstração real", in partnership with Luiz Gonzaga Belluzzo.

Ministry of Finance

On 13 December 2022, Fernando Haddad, nominated to head the Ministry of Finance by then-president-elect Lula da Silva, announced Galípolo as his executive-secretary. In May 2023, Galípolo was elected chairman of Banco do Brasil, office he served until July. On 20 June 2023, he was dismissed from office, succeeded by former director of WhatsApp in Brazil, attorney Dario Durigan.

Central Bank of Brazil

On 8 May 2023, Galípolo was announced as Director of Monetary Policy of the Central Bank, vacant since the dismissal of Bruno Serra Fernandes on 28 February 2023. According to minister Fernando Haddad, Galípolo's nomination was suggested by the president of the Central Bank, Roberto Campos Neto. His hearing was held at the Economic Affairs Commission of the Federal Senate on 4 July 2023 and his nomination passed in a voting of 39–12 on the same day. The approval was published on Diário Oficial da União on 7 July and he was sworn in on 12 July.

Awards

References

  1. "Gabriel Galípolo é eleito presidente do conselho de administração do Banco do Brasil". TV Cultura (in Brazilian Portuguese). 12 May 2023. Retrieved 20 December 2024.
  2. "Gabriel Galípolo renuncia de cargo de conselheiro do Banco do Brasil". UOL Economia (in Brazilian Portuguese). 3 July 2023. Retrieved 20 December 2024.
  3. Moliterno, Danilo (12 July 2023). "Galípolo e Aquino assinam termos de posse e assumem oficialmente diretorias do BC". CNN Brasil (in Brazilian Portuguese). Retrieved 20 December 2024.
  4. "Presidente indica Gabriel Galípolo para a presidência do Banco Central". Gov.br (in Brazilian Portuguese). 28 August 2024. Retrieved 20 December 2024.
  5. "Senado Federal aprova indicação de Gabriel Galípolo para a presidência do Banco Central". Senado Federal (in Brazilian Portuguese). 8 October 2024. Retrieved 20 December 2024.
  6. ^ Muricca Galípolo, Gabriel (31 August 2008). A lei do valor como limite ao desenvolvimento da economia brasileira (PDF) (MEc thesis) (in Brazilian Portuguese). Pontifícia Universidade Católica de São Paulo. Archived from the original (PDF) on 24 December 2022. Retrieved 20 December 2024.
  7. Ferrari, Hamilton (4 July 2023). "Quem é Gabriel Galípolo, novo diretor de Política Monetária do BC". Poder360 (in Brazilian Portuguese). Retrieved 20 December 2024.
  8. Tozzi Mendes, Daniel; de Assis, Francisco Carlos; Cotrim, Cícero (8 May 2023). "Quem é Gabriel Galípolo e o que representa a indicação do número 2 de Haddad para diretoria do BC". Estadão (in Brazilian Portuguese). Archived from the original on 9 May 2023.
  9. "Galípolo é eleito presidente do Conselho de Administração do BB". Poder360 (in Brazilian Portuguese). 12 May 2023. Retrieved 20 December 2024.
  10. Catto, André (13 December 2024). "Quem é Gabriel Galípolo, anunciado por Haddad como secretário-executivo do Ministério da Fazenda em 2023". G1 (in Brazilian Portuguese). Retrieved 20 December 2024.
  11. Belluzzo, Luiz Gonzaga; Galípolo, Gabriel (2018). Manda quem pode, obedece quem tem prejuízo (in Brazilian Portuguese). Editora Contracorrente. ISBN 978-85-69220-26-8.
  12. Belluzzo, Luiz Gonzaga; Galípolo, Gabriel (2021). Dinheiro: o poder da abstração real (in Brazilian Portuguese). Editora Contracorrente. ISBN 978-65-88470-76-3.
  13. Belluzzo, Luiz Gonzaga; Galípolo, Gabriel (2019). A escassez na abundância capitalista (in Brazilian Portuguese). Editora Contracorrente. ISBN 978-85-69220-64-0.
  14. Martello, Alexandro (13 December 2022). "Haddad confirma Gabriel Galípolo, ex-presidente do Banco Fator como secretário-executivo do Ministério da Fazenda". G1 (in Brazilian Portuguese). Retrieved 20 December 2024.
  15. Máximo, Wellton (20 June 2023). "Indicado para BC, Galípolo é exonerado do Ministério da Fazenda". Agência Brasil (in Brazilian Portuguese). Retrieved 20 December 2024.
  16. Nascimento, Houldine (8 May 2023). "Haddad anuncia Galípolo para diretoria de Política Monetária do BC". Poder360 (in Brazilian Portuguese). Retrieved 20 December 2024.
  17. Soares, Gabriella; Ferrari, Hamilton (4 July 2023). "Senado aprova Galípolo para Diretoria de Política Monetária do BC". Poder360 (in Brazilian Portuguese). Retrieved 20 December 2024.
  18. Castro, Ana Flávia (7 July 2023). "Gabriel Galípolo e Ailton Santos são nomeados diretores do Banco Central". Metrópoles (in Brazilian Portuguese). Retrieved 20 December 2024.
  19. "Decretos de 20 de novembro de 2023". Imprensa Nacional (in Brazilian Portuguese). Diário Oficial da União. 21 November 2023. p. 11. ISSN 1677-7042. Archived from the original on 21 November 2023. Retrieved 20 December 2024.
Business positions
Preceded byIêda Cagni Chairman of Banco do Brasil
2023
Succeeded byAnelize Lenzi
Political offices
Preceded byMarcelo Guaranys Executive-Secretary of the Ministry of Finance
2023
Succeeded byDario Durigan
Government offices
Preceded byBruno Serra Fernandes Director of Monetary Policy of the Central Bank of Brazil
2023–2024
Vacant
Preceded byRoberto Campos Neto President of the Central Bank of Brazil
2025–present
Incumbent
Order of precedence
Preceded byAndrei Rodrigues
as Director General of the Federal Police of Brazil
Brazilian order of precedence
51st in line
as President of the Central Bank of Brazil
Followed byTarciana Medeiros
as Chairwoman of Bank of Brazil
Central bank governors of the G20
Second cabinet of Luiz Inácio Lula da Silva (2023–present)
Cabinet
Minister of Agrarian Development and Family Agriculture
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Cabinet-level
Vice President
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President of Petrobras
Institutional Security Bureau
Secretary of Institutional Affairs
Secretary of Social Communication
Secretary of Support for Reconstruction of Rio Grande do Sul
Secretary-General of the Presidency
  • Marcio Macêdo (2023–present)
Comptroller General of the Union
  • Vinicius Carvalho (2023–present)
Attorney General of the Union
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