The secret behind the rise of Brazil’s economic power

Felipe Montoro Jens is a chief financial officer who deals with the planning, and control of finance divisions in Singapore, the United Kingdom, and Brazil. He also serves in several companies as a board member. From 2010 to 2013, Felipe worked as a director at Braskem S.A. Felipe studied at Fundao Getlio Vargas. He attained an international management degree at Thunderbird, USA.

Felipe Montoro Jens specializes in the infrastructure sector. He has often shared valuable professional opinions on the partnership between Brazil and the National Bank for Economic and Social Development. Felipe has also shown a keen interest in the economic wealth of the country of Brazil and elimination of waste products to enhance a sanitary environment. He advocated for public contribution in waste management. This saw a huge improvement on basic sanitation in Brazil. Felipe has also helped in growing the economy of Brazil through his valuable leadership skills. By introduction of caps on needless expenditures, he has helped on the growth of the economy.

In the 1980s, Brazil began the privatization of their infrastructure sector for them to achieve modernization. The country was suffering from a severe credit crunch. The government was unable to meet the investment demands during that period. Felipe Montoro Jens mentioned that it was due to the political environment that began in the 1930s, that the country saw the need to privatize the infrastructural sector. The State had grown significantly in a span of 50 years and was owning several businesses.

In April 1990, the privatization program began, and the government made it a standard economic reforms platform. The steel, aeronautical, and petrochemical industries were included in the privatization process. A concessional law was passed by the Brazilian government on priority prioritization of the sanitation, banking, electricity, transport, and telecommunication corporations. The telecommunications sector was the first privately run sector thanks to the government’s approval of the Public-Private Partnerships Act, PPPs in 2004.