Fernando Ulrich
Encyclopedia
Fernando Maria Costa Duarte Ulrich (born 26 April 1952 in Lisbon
) is a Portuguese
economist and banking administrator. He has been the Chief Executive Officer
of Banco Português de Investimento
(BPI) since 2004.
from Hamburg
, Holy Roman Empire
, but established themselves in Portugal
during the mid-18th century. After an invitation of the Marquis of Pombal they worked in the reconstruction of Lisbon after the 1755 Lisbon earthquake
.
Born in 1952 in Santa Isabel, Lisbon
, Fernando Ulrich was the first child and only son of João Jorge de Melo Ulrich and Maria Isabel Buzaglo Costa Duarte (of maternal Sephardi Jewish
descent), and grandson of both an administrator of the Banco de Portugal
and a broker and insurance professional. Young Fernando attended the Business Management Course at the Instituto Superior de Economia de Lisboa of the Technical University of Lisbon
from 1969 to 1974, but he did not graduate.
was the head of the Government of Portugal. He was among the Portuguese Delegation to the OECD, from 1975 to 1979 and was Head of the Financial Markets Unit of the weekly newspaper Expresso, founded by Francisco Pinto Balsemão, from 1973 to 1974. He has been a member of the Board of Directors of Impresa
since 2000, and non-executive Director of Allianz
Portugal since 1999. He served as a Member on the Board of Directors of PT Multimedia-Serviços de Telecomunicações e Multimedia, SGPS, S.A. from August 2002 to September 2004. He served as a Director of Portugal Telecom
SGPS SA from 1998 to July 2005. He served as an Executive Director of BPI-Banco Português de Investimento, SA from 1985 to 1989. He also served as Member of the Adviser Board of CIP (The Portuguese Industrial Confederation) from 2002 to 2004. He was Member of the Secretariat for the External Economic Cooperation of the Ministry of Foreign Affairs from 1979 to 1980. He served as a Director of Semapa
- Sociedade de Investimento e Gestao SGPS SA until February 2009.
on 8 November 1974 Isabel Diana de Bettencourt de Melo e Castro, born in Cascais on 16 February 1954, daughter of Engineer
José Lobo de Almeida de Melo e Castro, 11th Count
of as Galveias
and 2nd Viscount of a Lourinhã, of the Counts of de Avilez and Viscounts of o Reguengo, and wife Daisy Maria Cohen
de Bettencourt de Vasconcelos Correia e Ávila of the Counts of Correia de Bettencourt and of the Viscounts of de Bettencourt, of Sephardi Jewish
, Spanish
and Italian
descent. The couple had three children:
Lisbon
Lisbon is the capital city and largest city of Portugal with a population of 545,245 within its administrative limits on a land area of . The urban area of Lisbon extends beyond the administrative city limits with a population of 3 million on an area of , making it the 9th most populous urban...
) is a Portuguese
Portuguese people
The Portuguese are a nation and ethnic group native to the country of Portugal, in the west of the Iberian peninsula of south-west Europe. Their language is Portuguese, and Roman Catholicism is the predominant religion....
economist and banking administrator. He has been the Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Banco Português de Investimento
Banco Português de Investimento
Banco Português de Investimento is a major privately owned bank in Portugal. The bank's shares are listed in the Euronext Lisbon's PSI-20 stock index. It runs the banking business with companies, institutional and private clients. As Sociedade Portuguesa de Investimentos it was founded in 1981 by...
(BPI) since 2004.
Early life and background
The Ulrich family, whose members used to traditionally deal with banking and architecture, was originally GermanGermans
The Germans are a Germanic ethnic group native to Central Europe. The English term Germans has referred to the German-speaking population of the Holy Roman Empire since the Late Middle Ages....
from Hamburg
Hamburg
-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...
, Holy Roman Empire
Holy Roman Empire
The Holy Roman Empire was a realm that existed from 962 to 1806 in Central Europe.It was ruled by the Holy Roman Emperor. Its character changed during the Middle Ages and the Early Modern period, when the power of the emperor gradually weakened in favour of the princes...
, but established themselves in Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
during the mid-18th century. After an invitation of the Marquis of Pombal they worked in the reconstruction of Lisbon after the 1755 Lisbon earthquake
1755 Lisbon earthquake
The 1755 Lisbon earthquake, also known as the Great Lisbon Earthquake, was a megathrust earthquake that took place on Saturday 1 November 1755, at around 9:40 in the morning. The earthquake was followed by fires and a tsunami, which almost totally destroyed Lisbon in the Kingdom of Portugal, and...
.
Born in 1952 in Santa Isabel, Lisbon
Lisbon
Lisbon is the capital city and largest city of Portugal with a population of 545,245 within its administrative limits on a land area of . The urban area of Lisbon extends beyond the administrative city limits with a population of 3 million on an area of , making it the 9th most populous urban...
, Fernando Ulrich was the first child and only son of João Jorge de Melo Ulrich and Maria Isabel Buzaglo Costa Duarte (of maternal Sephardi Jewish
Sephardi Jews
Sephardi Jews is a general term referring to the descendants of the Jews who lived in the Iberian Peninsula before their expulsion in the Spanish Inquisition. It can also refer to those who use a Sephardic style of liturgy or would otherwise define themselves in terms of the Jewish customs and...
descent), and grandson of both an administrator of the Banco de Portugal
Banco de Portugal
The Banco de Portugal is the central bank of the Republic of Portugal. Established by a royal charter of 19 November 1846 to act as a commercial bank and issuing bank, it came about as the result of a merger of the Banco de Lisboa and the Companhia de Confiança Nacional, an investment company...
and a broker and insurance professional. Young Fernando attended the Business Management Course at the Instituto Superior de Economia de Lisboa of the Technical University of Lisbon
Technical University of Lisbon
The Technical University of Lisbon is a Portuguese public university. It was created in 1930 in Lisbon, as a confederation of older schools, and comprises, nowadays, the faculties and institutes of veterinary medicine; agricultural sciences; economics and business administration; engineering,...
from 1969 to 1974, but he did not graduate.
Political and financial career
Fernando Ulrich was Deputy Manager of Sociedade Portuguesa de Investimentos (SPI) from 1983 to 1985 and Chief of the Cabinet of the Portuguese Minister of Finance from 1981 to 1983, when Francisco Pinto BalsemãoFrancisco Pinto Balsemão
Francisco José Pereira Pinto Balsemão, GCC , is a former Prime Minister of Portugal, who served from 1981 to 1983.-Background:He is the son of Henrique Patrício de Balsemão and wife Maria Adelaide van Zeller de Castro Pereira , granddaughter in male line of an adulterine son of King Pedro...
was the head of the Government of Portugal. He was among the Portuguese Delegation to the OECD, from 1975 to 1979 and was Head of the Financial Markets Unit of the weekly newspaper Expresso, founded by Francisco Pinto Balsemão, from 1973 to 1974. He has been a member of the Board of Directors of Impresa
Impresa
Impresa is a Portuguese media conglomerate, headquartered in Paço de Arcos, in Oeiras municipality. It is the owner of SIC TV channel, and Expresso newspaper, among other leading media, like several magazine publications...
since 2000, and non-executive Director of Allianz
Allianz
SE is a global financial services company headquartered in Munich, Germany. Its core business and focus is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure by Forbes magazine.Its Allianz Global Investors...
Portugal since 1999. He served as a Member on the Board of Directors of PT Multimedia-Serviços de Telecomunicações e Multimedia, SGPS, S.A. from August 2002 to September 2004. He served as a Director of Portugal Telecom
Portugal Telecom
Portugal Telecom is the largest telecommunications service provider in Portugal. Although it operates mainly in Portugal and Brazil, it has also a significant presence in Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic of China, and São Tomé and...
SGPS SA from 1998 to July 2005. He served as an Executive Director of BPI-Banco Português de Investimento, SA from 1985 to 1989. He also served as Member of the Adviser Board of CIP (The Portuguese Industrial Confederation) from 2002 to 2004. He was Member of the Secretariat for the External Economic Cooperation of the Ministry of Foreign Affairs from 1979 to 1980. He served as a Director of Semapa
Semapa
Semapa - Sociedade de Investimento e Gestão is a Portuguese conglomerate holding company with interests in the cement, pulp and paper and environmental services sectors....
- Sociedade de Investimento e Gestao SGPS SA until February 2009.
Family
He married in CascaisCascais
Cascais is a coastal town in Cascais Municipality in Portugal, 30 kilometres west of Lisbon, with about 35,000 residents. It is a cosmopolitan suburb of the Portuguese capital and one of the richest municipalities in Portugal. The former fishing village gained fame as a resort for Portugal's royal...
on 8 November 1974 Isabel Diana de Bettencourt de Melo e Castro, born in Cascais on 16 February 1954, daughter of Engineer
Engineer
An engineer is a professional practitioner of engineering, concerned with applying scientific knowledge, mathematics and ingenuity to develop solutions for technical problems. Engineers design materials, structures, machines and systems while considering the limitations imposed by practicality,...
José Lobo de Almeida de Melo e Castro, 11th Count
Count
A count or countess is an aristocratic nobleman in European countries. The word count came into English from the French comte, itself from Latin comes—in its accusative comitem—meaning "companion", and later "companion of the emperor, delegate of the emperor". The adjective form of the word is...
of as Galveias
Galveias
Galveias is a civil parish in the municipality of Ponte de Sor, in the Portugese northern Alentejo, district of Portalegre. With a population of just under 1489 residents, the small 79.83 km² parish, developed under the patronage of Order of Aviz, endowments from the Marquês Ratão...
and 2nd Viscount of a Lourinhã, of the Counts of de Avilez and Viscounts of o Reguengo, and wife Daisy Maria Cohen
Cohen (surname)
Cohen is a Jewish surname of biblical origins . It is a very common Jewish surname, comparable to 'Smith' in an English-language context....
de Bettencourt de Vasconcelos Correia e Ávila of the Counts of Correia de Bettencourt and of the Viscounts of de Bettencourt, of Sephardi Jewish
Sephardi Jews
Sephardi Jews is a general term referring to the descendants of the Jews who lived in the Iberian Peninsula before their expulsion in the Spanish Inquisition. It can also refer to those who use a Sephardic style of liturgy or would otherwise define themselves in terms of the Jewish customs and...
, Spanish
Spanish people
The Spanish are citizens of the Kingdom of Spain. Within Spain, there are also a number of vigorous nationalisms and regionalisms, reflecting the country's complex history....
and Italian
Italian people
The Italian people are an ethnic group that share a common Italian culture, ancestry and speak the Italian language as a mother tongue. Within Italy, Italians are defined by citizenship, regardless of ancestry or country of residence , and are distinguished from people...
descent. The couple had three children:
- Sofia de Melo e Castro Ulrich (born 2 May 1975)
- Ana Margarida de Melo e Castro Ulrich (born 19 May 1980), married at Vale do Guiso on 9 May 2009 to her half second cousin Joaquim da Cunha Reis Ferreira, second of three sons of Luís Bernardo Ulrich Ferreira and Carlota Isabel Maria do Carmo Xavier de Noronha da Cunha Reis
- João de Melo e Castro Ulrich (born 12 January 1984)