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António Borges

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Person.png António Borges  Rdf-entity.pngRdf-icon.png
economist,  central banker)
António Mendo de Castel-Branco do Amaral Osório Borges.jpg
BornAntónio Mendo de Castel-Branco do Amaral Osório Borges
18 November 1949
 Ramalde,  Porto,  Portugal
Died25 August 2013 (Age 63)
Cause of death
GHS-pictogram-silhouette.svg pancreatic cancer
Nationality Portuguese
Alma mater •  Technical University of Lisbon
•  Stanford University
Member ofCentre for European Reform, Goldman Sachs/International Advisors, Trilateral Commission
PartySocial Democratic Party (Portugal)
Portuguese banskter. Managing Director and International Adviser of Goldman Sachs. While Vice Governor of the Banco de Portugal, Borges took a leading role in the liberalization of Portugal's financial system. Attended Bilderberg/1997 and Bilderberg/2002

Employment.png Vice Chairman

In office
September 2000 - June 2008
EmployerGoldman Sachs International
Attended Bilderberg/1997 and Bilderberg/2002

Employment.png INSEAD/Dean

In office
1993 - 2000
EmployerINSEAD
Bilderberger

António Mendo De Castel-Branco do Amaral Osório Borges was a Portuguese bankster and Managing Director of Goldman Sachs. While Vice Governor of the Banco de Portugal, Borges took a leading role in the liberalization of Portugal's financial system. He attended the 1997 and 2002 Bilderberg meetings, and was a member of the Trilateral Commission.

Background

He was the eldest son of Rui Lourenço do Amaral Osório Drummond Borges, great-grandson of Baron and Viscount of Almeidinha, and his wife Maria Inês Gagliardini Graça Caldeira De Castel-Branco, granddaughter of the Viscount of Alter do Chão and great-niece of the Baron de Brissos. After the death of his father, he was co-Lord of Casa da Barreira.[1]

Education

Borges was born in Ramalde, Porto. He received his bachelor's degree in economics from the Technical University of Lisbon in 1972. He moved to the United States in 1976, and received a Ph.D in Economics from Stanford University in 1980.[2]

Career

From 1980, Borges taught at INSEAD in Paris, France. He returned to Portugal in 1990, where he became Vice Governor of the Banco de Portugal while teaching at the Nova School of Business and Economics at the Universidade Nova de Lisboa. While Vice Governor of the Banco de Portugal, Borges took a leading role in the liberalization of Portugal's financial system.[3] From 1993 to 2000 Borges was director and dean at INSEAD.

In 1993 António Borges returned to INSEAD, becoming its director and rector until 2000.

His resume as a bankster would include a stint in the management of banks Citibank, BNP Paribas and, between 2000 and 2008, the position of vice chairman of the Board of Directors at Goldman Sachs, in London.[4] He sat on the boards of several large Portuguese companies — Petrogal, Sonae, Jerónimo Martins, Cimpor and Vista Alegre.[5]

He also held positions in public entities at the international level; he was a consultant to the United States Department of the Treasury, the U.S. Electric Power Research Institute, the OECD and collaborated with the European Union in the creation of Economic and Monetary Union.

In 2010 he was appointed director of the European Department of the International Monetary Fund.

He was also a visiting professor at the Faculty of Economics and Business Sciences of the Portuguese Catholic University, President of the European Institute of Corporate Governance[6] and administrator of the Champalimaud Foundation.

He was member of the Social Democratic Party, of which he was vice-president under leader Manuela Ferreira Leite. Between 2008 and 2010, he would then be given the task by Prime Minister Pedro Passos Coelho to lead a team that monitored, with the troika, the privatization processes, the renegotiations of public-private partnerships, the restructuring of the state business sector and the banking situation, until then competences usually handled by the Minister for the Economy.

Death

In the summer of 2010, he was diagnosed with pancreatic cancer, from which he would die on August 25, 2013[7]. Days earlier he had accepted an invitation from then IMF president Dominique Strauss-Kahn to be his number two in Washington, heading the European department, Russia, Ukraine and Turkey.


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/199712 June 199715 June 1997US
Lake Lanier
Georgia (State)
The 45th Bilderberg meeting
Bilderberg/200230 May 20022 June 2002US
Virginia
Chantilly
Westfields Marriott
The 50th Bilderberg, held at Chantilly, Virginia.
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References