Luiz Awazu Pereira da Silva appointed as BIS Deputy General Manager

The Board of Directors of the Bank for International Settlements (BIS) today announced the appointment of Luiz Awazu Pereira da Silva as Deputy General Manager from 1 October 2015 for a five-year term. Mr Pereira da Silva will succeed Hervé Hannoun when he retires at end-September. Mr Hannoun has served as Deputy General Manager since 2006.

Mr Pereira da Silva has been Deputy Governor at the Central Bank of Brazil since 2010. Prior to this, he served in several senior positions, inter alia at the World Bank, and as Chief Economist for the Brazilian Ministry of Budget and Planning, and as Brazil's Deputy Finance Minister in charge of international affairs. A Brazilian national, he holds a PhD in Economics and a Master of Philosophy from the Université de Paris-I Sorbonne, Paris, France.

Welcoming the appointment, BIS General Manager Jaime Caruana said: "I am delighted to have a person of Mr Pereira da Silva's calibre and extensive international experience joining the Bank. He is held in high regard in the central banking and international financial communities. I look forward to welcoming him to the BIS and to the senior management team".

Mr Pereira da Silva's biographical details and photo can be found on the Central Bank of Brazil's website.