Beny Parnes

Academic life Parnes graduated in economics in the early 1980s at the Pontifical Catholic University of Rio de Janeiro, where he was a colleague of Armínio Fraga (BC's president between 1999 and 2002). From 1986 to 1987, he got his master's degree in economics from the same institution, and then went with his family to the United States, where he earned a doctorate at the University of Pennsylvania, specializing in macroeconomics and international finances.

On September 10, 2003, citing personal reasons, Parnes sent his resignation to the Finance Minister, Antonio Palocci. The economist Alexandre Schwartsman was appointed for the position.

In 2004, Parnes returned to the Banco BBM, where he remains to date.

In 2007, he was elected "Best Specialist Manager of the Year" and "Best Specialist Manager of Leveraged Funds", by the Exame magazine.