Brazil Bank Governor Weighs Two Women for Copom Vacancies

Governor Gabriel Galipolo is considering Cecilia Machado and Marina Copola for Copom vacancies. Lula will decide. The Senate must then approve the names.

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Brazil central bank governor Gabriel Galipolo is considering nominating two women to fill vacant seats on the nine-member rate-setting committee. The move would increase female representation on the committee to a record three members. Filling these seats ends a five-month period where the bank made three policy decisions with only seven directors.

President of the Central Bank of Brazil Gabriel Galipolo attends a press conference at Central Bank of Brazil's headquarters in Brasilia, Brazil March 26, 2026. REUTERS/Adriano Machado
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