Bachelor, Princeton University, 1964; postgraduate, Columbia University, 1965-1967.
Executive director Metropolitana Finance Group, Rio de Janeiro, 1967-1972. Associate Kidder, Peabody and Company, Incorporated, New York York City, 1972-1975. Executive director Corretora Multiplic, brokerage house, Rio de Janeiro, 1975-1977, Brazilian Securities and Exchange Commission (CVM), Rio de Janeiro, 1977-1981, Unibanco, São Paulo, 1981-1985.
Executive director, vice president Banco Nacional de Desenvolvi, Rio de Janeiro, 1985-1987. President, Chief Executive Officer, Aracruz Celulose S.A., 1987-1989, BFC Banco S.A., Rio de Janeiro, 1989-1991, 93. President Central Bank Brazil, Brasilia, 1987, 91-92.
Managing director Morgan Stanley & Company, New York City, 1993-2000. President, Chief Executive Officer Bndes National Development Bank, Rio de Janeiro, 2000—2001, Petrobras SA, Rio de Janeiro, 2002, Fosfertil, São Paulo, Brazil, 2003.
Married Sandra Mattmann, June 8, 1968 (divorced 1989). Children: Francisco H., Carlos R., Alexandra M. Married Isabel Teixeira Mendes, December 12, 1994.