Son of Leo Pinheiro: who is the new president of Caixa



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Do Brasil de Fato – The new Minister of Economy, Paulo Guedes, appointed to the presidency of the Federal Savings Bank (CEF), the economist Pedro Duarte Guimarães, whose academic and professional trajectory is linked to privatization and the real estate market. In addition, Guimarães holds a Bachelor's degree in Economics from the Pontifical Catholic University and a Master's degree from the Getúlio Vargas Foundation, both of Rio de Janeiro.

In the Brazilian academic debate, the two institutions were recognized as poles of formulation of orthodox economic thought, badociated with liberalism, opposing two other faculties of economics, the UFRJ and the US. Unicamp, more focused on developmentalism.

The new president of CEF worked as an badyst at Santander and at BTG Pactual, an investment bank founded by Paulo Guedes. He participated in privatization processes of public banks such as Banespa, Banerj and Banestado

. He has been a member of the Board of Directors of Terra Brasis Resseguros. The company operates in the same area as one of the CEF fronts that Guimarães intends to open to the capital market, the insurance market. The other is credit cards.

His last position in the private sphere was the investment bank Brasil Plural, very active in the oil sector, as well as in the real estate sector, where Guimarães has family relations – son of Léo Pinheiro, a subcontractor # 39; OAS. Pinheiro was the informant of the "triplex case", which had led to the conviction of former President Luiz Inacio Lula da Silva (PT).

One of the main roles of Caixa is the servicing of housing finance, an issue on which the new president

Central Bank data indicate that Brazil Plural operates in the red since 2017, year he recorded a loss of 23 million rand.

Doiroiro Larocio Funaro mentions Plural Brazil as part of a so-called ploy involving J & F, Joesley and Wesley Batista, which allegedly caused financial losses to Funcef, pension fund that manages retirement employees of Caixa Económica and was a shareholder of Eldorado Celulose, of J & F

The imbroglio is the subject of investigation in the Greenfield operation. Brazil Plural denies the irregularities and baderts its collaboration with the investigations. Caixa's servers identify a conflict of interest in the appointment of Guimarães because of the case.

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