Joaquim Levy

Joaquim joined the World Bank Group in February 2016, having previously served as Minister of Finance for Brazil. He is responsible for financial and risk management strategies, including the development of new, innovative financial products and services, oversight of financial reporting risk management, and mobilization of financial resources in alignment with the Group's strategy. Joaquim contributes to the international dialogue on financial standards and best practices, primarily through his representation of the Group on the Financial Stability Board. From 2010-2014 he was CEO of Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários, division of Banco Bradesco S.A., Brazil's second- largest private bank group, handling a portfolio of more than $130 billion.

In 2007 he served as Secretary of Finance for the state of Rio de Janeiro, where he successfully re-engineered the financial management apparatus from top to bottom, leading to the state receiving an investment-grade credit rating from Standard & Poor's. Prior to that, he was Executive Vice President of Finance and Administration at the IDB, Secretary of Brazil's National Treasury, Chief Economist at the Brazilian Ministry of Planning, Budget & Management, and Deputy Secretary of Economic Policy at the Brazilian Finance Ministry. He also served as Board Member of BNDES (Banco Nacional de Desenvolvimento Econômico e Social), as well as holding several positions within the IMF.