Clara Raposo will be the first deputy governor of Banco de Portugal
When the European Central Bank gave the green light to the new administration of BCP this week, Clara Raposo was absent from the surprise list. ISEG’s president had been nominated as part of Miguel Maya’s April list, for a non-executive administration charge, but he would have expressed (like Teófilo da Fonseca, who does not remain on the team) unavailability to join the Millennium Management.
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The reason is simple. Dinheiro Vivo knows that Clara Raposo will soon be announced as a new deputy governor of Banco de Portugal. The inclusion will allow the regulator to comply with the rule of integrating more women in leadership.
“The Board of Directors [CA] of Banco de Portugal is composed of the governor, who presides, by one or two deputy governors and by three to five directors”, reads in the composition of the governance structure of the BdP, specifying that “the appointment of the members of the Board must ensure a minimum representation of 40% of each of the sexes”. At the moment, Governor Mário Centeno has only Luís Máximo dos Santos as deputy and among the three BdP administrators only one woman, Ana Paula Serra (Hélder Rosalino and Luís Laginha de Sousa complete the list).
At 51 years of age and the mother of two daughters, Raposo has been dean of the EG School of Economics and Management since July 2018, before teaching finance at that school since 2010. at ISCTE, he studied at the University of Oxford and Nova SBE, where he graduated , and is now part, among other things, of the advisory board for accreditation of business schools.
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PhD in Finance from the London Business School (1998) and Master in Economics from Queen Mary & Westfield College (1994), she has extensive research work published in the most reputable international journals in the field, such as The Journal of Finance and Journal of Financial Economics. She has been, since last year, president of Greenvolt, which she must now abdicate before the term (2023).