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Brazil Central Bank Confirms Exits of Two Directors Effective Jan. 1

The vacancies now require presidential nominees to clear Senate hearings before the first 2026 Copom meeting on January 27–28.

Overview

  • Brazil’s official gazette published the exonerations of Central Bank directors Diogo Guillen and Renato Gomes, effective January 1, 2026.
  • Their terms end on December 31, 2025, and they opted to leave at term end under the autonomy law that allows resignation at the director’s request.
  • Guillen led economic policy and Gomes oversaw the organization of the financial system and resolution functions, leaving both directorates without incumbents.
  • The Copom is set to begin 2026 with two seats vacant unless replacements are appointed and sworn in beforehand, with its first meeting scheduled for January 27–28.
  • The federal government has not announced successors, and any nominees must be heard by the Senate’s Economic Affairs Committee and approved by the full chamber.