Economist Ibrahim Eris, former president of the BC in the 90s, passed away this Friday (8) at the age of 80. The information was released by the São Paulo Jockey Club, but there is no information about the cause of death.
Before his presidency at the BC, Eris was part of the economic team of the Collor government, which implemented the controversial Collor Plan, and was responsible for conducting monetary policy in the critical period of economic transition. During his tenure at the Central Bank, Eris had to deal with high inflation and the uncertainties of the Brazilian economic scenario. Eris left the presidency of the BC in 1991, after the failure of the plan
After leaving office, he dedicated himself to financial consultancy, always maintaining a critical view of Brazilian economic policy, especially with regard to combating inflation and the need for reforms in the country’s banking and fiscal system.
Originally from Türkiye, Eris studied economics and statistics at Middle East Technical University. With a PhD from Vanderbilt University, the economist arrived in Brazil in the 1970s and was a professor at Vanderbilt University in 1966.
Eris was also vice-president of the Institute for Applied Economic Research (Ipea) and worked as an investment consultant.
The economist’s wake will be held at the Morumby Cemetery, in the South Zone of the capital of São Paulo, this Saturday morning (9). The funeral is scheduled for 1:30 p.m., according to information from the Portal G1.
In a statement, the BC lamented the death of Ibrahim Eris and said that he “exceeded no efforts in ensuring Brazilian society a stable economy with controlled inflation.” “Wherever she went, Eris left her mark of high professionalism and commitment to what she did. The Board of Directors of the Central Bank pays its condolences to Eris’ family, friends and co-workers in this moment of pain”, added the institution.
