Fernanda Nechio

Fernanda Nechio is Vice President of Sustainable Growth in the Economic Research Department of the Federal Reserve Bank of San Francisco. In July 2019 Fernanda was appointed deputy governor at the Central Bank of Brazil, a position she held until May 2021. She was responsible for overseeing the International Research Department, all aspects related to risk management, and the relationships between the Bank and foreign institutions. She was a permanent voting member of the Bank’s Board of Directors, sharing responsibilities for decisions on monetary policy and financial system stability and for setting the strategic direction of the Bank. In addition, Fernanda spearheaded the Bank’s Sustainability agenda aiming to promote a greener financial system and mitigate social, environmental, and climate risks. Fernanda started her career in July 2009 at the Federal Reserve Bank of San Francisco, where she held several positions in the Economic Research Department. Fernanda completed her PhD. and M.A. at Princeton University. Prior to that, she earned her Economics master and bachelor degrees at the Catholic University in Rio de Janeiro, Brazil. She has also served as a special-term lecturer at the Catholic University in Rio de Janeiro and at UC Berkeley. Her main research interests are in the areas of International Finance and Monetary Macroeconomics, with focus on exchange rates, price setting, demographics, and monetary policy. She has published articles in top academic journals such as the American Economic Review, the Journal of International Economics, the Journal of Monetary Economics, and the Journal of the European Economic Association.