Vítor Bento

Vítor Augusto Brinquete Bento (Estremoz, June 25, 1954) is a Portuguese economist. He was the CEO of the Portuguese bank Novo Banco since August 4, 2014^[1] until September 13, 2014 when he announced his resignation. He was replaced by Eduardo Stock da Cunha.^[2]

Education

Vítor Bento has a degree in Economics from the School of Economic and Financial Sciences of the Technical University of Lisbon and a Master's in Philosophy from the Faculty of Arts and Humanities of the Catholic University of Portugal.^[3]

Professional activity

In 1980, Vítor Bento was admitted at Banco de Portugal as an economist for the Department of Economic Studies. In 1985 he was named Director of the Foreign Department and later Executive Director of the Issuing Institute of Macao (current Monetary Authority of Macao), returning to the Portuguese central bank in 1989 as Deputy Director of the Foreign Department, becoming it Director in 1993.^[4]

From 1989 to 1994 he was a member of the Exchanges Policy Subcommittee of the Central Banks Governor Committee from the European Community. In 1994, he joined the Ministry of Finance, where he was General Director of Treasury, President of Junta de Crédito Público and member of the European Monetary Committee.^[5]

In 1996 he founded Agência de Gestão da Tesouraria e da Dívida Pública (IGCP), the public entity responsible for the integrated management of cash, funding and the direct debt management, thus becoming its first President. In 2000 he takes on the position of President of the Board at SIBS – Sociedade Interbancária de Serviços SA, where he stays unitel July 2014, when he joins the Board of the Portuguese bank Banco Espírito Santo.^[6]

During this time he was also president of UNICRE, director of Visa, president of SEDES – Association for the Economic and Social Development – from May 2006 to April 2008 and non-executive director of Galp Energia from April 2012 to July 2014.^[7][8] In December 2009 he was nominated member of the State Council by the President of the Portuguese Republic, Cavaco Silva, position from which he left on July 2014.^[9]

Vítor Bento is Visiting Professor at the Faculty of Economics and Business of the Catholic University of Portugal and at the School of Business of Economics at Nova.^[10]

Awards and nominations

On June 28, 2005, Vítor Bento was made Grande-Oficial da Ordem do Infante D. Henrique.^[11]

Publications

Vítor Bento has published five books:

• Os Estados Nacionais e a Economia Global (2004), Almedina^[12]
• Perceber a Crise para Encontrar o Caminho (2009), Bnomics^[13]
• O Nó Cego da Economia (2010), Bnomics^[14]
• Economia, Moral e Política (2011), Fundação Francisco Manuel dos Santos^[15]
• Euro forte, Euro fraco - Duas culturas, uma moeda. Um convívio (im)possível? (2013), Bnomics^[16]

References