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Winston Fritsch, PhD

ESG Advisor

ESG Senior Advisor of Lacan since June 2023; presently Senior Advisor of Climate Policy Initiative (CPI) in Brazil; Trustee Emeritus of the Brazilian Center for International Relations (CEBRI), being one of the leaders of its Climate Change and Environment group – ranked LATAM’s #1 think tank on the subject. He is also a member of the Board of Directors of IUGU, a Brazilian fintech, and of the Advisory Boards of Root Capital, a leading Brazilian independent credit asset manager, and of climatech startup ECO 55. Holds a PhD in Economics from the University of Cambridge and a BA and MSc in engineering from the Federal University of Rio de Janeiro (UFRJ).


At the beginning of his professional career had over 20 years’ experience as an academic, when was Dean of the Centre for Social Sciences of PUC-Rio, where he presently coordinates a pioneer executive training course on the Regulation and Economics of Climate Change. Was Secretary for Economic Policy of the Brazilian Ministry of Finance during the conception and implementation of the Real Stabilization Plan (1993-94) and, after his term of office at the federal government, began a period of over 15 years as a financial executive having been CEO of Dresdner Bank in Brazil, partner of Rio Bravo Investimentos, Managing Director of Lehman Brothers and partner of Nomura Securities at Orienta Investimentos, which he founded and led. During this period, he was Chairman of the Brazilian Association of Foreign Banks and Board Member of FEBRABAN, the Brazilian Banks’ Association.


He holds the title of Commander of the Order of the Cruzeiro do Sul, awarded for relevant services rendered for the Federative Republic of Brazil, and is the author of several books and articles on policy issues relating to Brazil and the international economy.

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