Ilan Goldfajn

Goldfajn was born in Haifa, Israel. He is Jewish.^[4][5] He graduated in economics from the Federal University of Rio de Janeiro, received a master's degree from the Pontifical Catholic University of Rio de Janeiro and a doctorate from MIT where he completed his dissertation under the advisory of Stanley Fischer and Rudi Dornbusch.^[1]

He was appointed to the position of governor of the Central Bank of Brazil by Minister of Finance Henrique Meirelles on 12 May 2016.^[6][7] He oversaw the implementation of significant regulatory changes that opened the door to new players in the financial services industry, spurred innovation and digitalization, and fostered the growth of fintech companies, all of which bolstered Brazil's financial sector.^[3] This included the development of the public instant payment system Pix.

Goldfajn was chosen central banker of the year by The Banker magazine in 2017, and best central banker by Global Finance magazine in 2018.^{[citation needed]}

On 13 September 2021, he was appointed Director of the IMF's Western Hemisphere Department by Director-General Kristalina Georgieva, to assume office on 3 January 2022.^[8] He helped countries implement IMF-supported programs to address an array of challenges and also contributed to shaping the region's policy dialogue on climate change, which led to the IMF's first Resilience and Sustainability Facility.^[9]

On 20 November 2022, he was elected president of the Inter-American Development Bank, assuming office on 19 December of the same year.^[10]

Goldfajn's private-sector experience includes key positions at three of Brazil's leading financial institutions: chief economist and partner at Itaú Unibanco, founding partner at Ciano Investimentos, and partner and economist at Gávea Investimentos. He also served as chairman of Credit Suisse Brazil's Advisory Board.^[11]

Goldfajn has also held several consultant roles at top international finance and governance institutions, including the World Bank, the United Nations and the IMF.^{[citation needed]}

He has taught economics at various universities in Brazil and the United States, has been an editor of several publications and has published numerous articles and books.^{[citation needed]}

Goldfajn speaks English, Portuguese, Spanish and Hebrew.^{[citation needed]}

• Francesco Giavazzi; Ilan Goldfajn; Santiago Herrera (2005). Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003. MIT Press. ISBN 978-0-262-07259-5.
• Ilan Goldfajn; André Minella (2005). Capital Flows and Controls in Brazil: What Have We Learned?. National Bureau of Economic Research.