Fernando Ulrich
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Fernando Maria Costa Duarte Ulrich (born 26 April 1952 in
Lisbon Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainlan ...
) is a Portuguese economist and banking administrator. He has been the
chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
of
Banco Português de Investimento Banco BPI, formelly Banco Português de Investimento (, "Portuguese Investment Bank"), is a Portuguese private investment bank, currently owned by finance multinational CaixaBank. Founded in 1981, it runs the banking business with companies, ins ...
(BPI) since 2004.


Early life and background

The Ulrich family, whose members used to traditionally deal with banking and architecture, was originally
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from
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,
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, but established themselves in
Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ...
during the mid-18th century. After an invitation of the
Marquis of Pombal A marquess (; ) is a nobleman of high hereditary rank in various European peerages and in those of some of their former colonies. The German-language equivalent is Markgraf (margrave). A woman with the rank of a marquess or the wife (or widow) ...
they worked in the reconstruction of Lisbon after the
1755 Lisbon earthquake The 1755 Lisbon earthquake, also known as the Great Lisbon earthquake, impacted Portugal, the Iberian Peninsula, and Northwest Africa on the morning of Saturday, 1 November, All Saints' Day, Feast of All Saints, at around 09:40 local time. In ...
. Born in 1952 in Santa Isabel,
Lisbon Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainlan ...
, Fernando Ulrich was the first child and only son of João Jorge de Melo Ulrich and Maria Isabel Buzaglo Costa Duarte (of maternal
Sephardi Jewish Sephardic Jews, also known as Sephardi Jews or Sephardim, and rarely as Iberian Peninsular Jews, are a Jewish diaspora population associated with the historic Jewish communities of the Iberian Peninsula (Spain and Portugal) and their descendant ...
descent), and grandson of both an administrator of the
Banco de Portugal The Banco de Portugal (, ) is the National central bank (Eurosystem), national central bank for Portugal within the Eurosystem. It was the Portuguese central bank from 1846 to 1998, issuing the Portuguese escudo, escudo. Since 2014, it has also ...
and a broker and insurance professional. Young Fernando attended the Business Management Course at the ''Instituto Superior de Economia de Lisboa'' of the
Technical University of Lisbon The Technical University of Lisbon (UTL; , ) was a Portuguese public university. It was created in 1930 in Lisbon, as a confederation of preexisting schools, and comprised the faculties and institutes of veterinary medicine; agricultural scienc ...
from 1969 to 1974, but he did not graduate.Fernando Ulrich banqueiro por tradição familiar
, Económico


Political and financial career

Fernando Ulrich was Deputy Manager of ''Sociedade Portuguesa de Investimentos'' (SPI) from 1983 to 1985 and Chief of the Cabinet of the Portuguese Minister of Finance from 1981 to 1983, when
Francisco Pinto Balsemão Francisco José Pereira Pinto Balsemão (; born 1 September 1937) is a Portuguese businessman, former journalist and retired politician, who served as List of Prime Ministers of Portugal, Prime Minister of Portugal, from 1981 to 1983. Backgroun ...
was the head of the Government of Portugal. He was among the Portuguese Delegation to the
OECD The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...
, from 1975 to 1979 and was Head of the Financial Markets Unit of the weekly newspaper
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, founded by Francisco Pinto Balsemão, from 1973 to 1974. He has been a member of the Board of Directors of
Impresa Impresa Sociedade Gestora de Participações Sociais SA () is a Portuguese Mass media, media Conglomerate (company), conglomerate, headquartered in Paço de Arcos, in Oeiras Municipality, Portugal, Oeiras municipality. It is the owner of SIC (P ...
since 2000, and non-executive Director of
Allianz Allianz SE ( , ) is a German Multinational corporation, multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. Allianz is the world's largest List of largest insurance ...
Portugal since 1999. He served as a Member on the Board of Directors of PT Multimedia-Serviços de Telecomunicações e Multimedia, SGPS, S.A. from August 2002 to September 2004. He served as a Director of
Portugal Telecom Altice Portugal S.A. (formerly known as PT Portugal) is the largest telecommunications service provider in Portugal. Since 2 June 2015 the company has been a wholly owned subsidiary of Altice, a multinational cable and telecommunications company ...
SGPS SA from 1998 to July 2005. He served as an Executive Director of BPI-Banco Português de Investimento, SA from 1985 to 1989. He also served as Member of the Adviser Board of CIP (The Portuguese Industrial Confederation) from 2002 to 2004. He was Member of the Secretariat for the External Economic Cooperation of the Ministry of Foreign Affairs from 1979 to 1980. He served as a Director of Semapa - Sociedade de Investimento e Gestao SGPS SA until February 2009.


Family

He married in
Cascais Cascais () is a town and municipality in the Lisbon District of Portugal, located on the Portuguese Riviera, Estoril Coast. The municipality has a total of 214,158 inhabitants in an area of 97.40 km2. Cascais is an important tourism in Port ...
on 8 November 1974 Isabel Diana de Bettencourt de Melo e Castro, born in Cascais on 16 February 1954, daughter of
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José Lobo de Almeida de Melo e Castro, 11th
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of ''as''
Galveias Galveias is a civil parish in the municipality of Ponte de Sor, in the Portuguese northern Alentejo, district of Portalegre. The population in 2011 was 1,061,Lourinhã Lourinhã () is a municipality in the District of Lisbon and in the portuguese Oeste region. The population in 2011 was 25,735, in an area of 147.17 km2. The seat of the municipality is the town of Lourinhã, with a population of 8,800 inhab ...
, of the Counts of ''de'' Avilez and Viscounts of ''o'' Reguengo, and wife Daisy Maria
Cohen Cohen () is a surname of Jewish, Samaritan and Biblical origins (see: Kohen). It is a very common Jewish surname (the most common in Israel). Cohen is one of the four Samaritan last names that exist in the modern day. Many Jewish immigrants ente ...
de Bettencourt de Vasconcelos Correia e Ávila of the Counts of Correia ''de'' Bettencourt and of the Viscounts of ''de'' Bettencourt, of
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,
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and
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descent. The couple had three children:http://www.geneall.net/P/per_page.php?id=38330 Fernando Ulrich in a Portuguese Genealogical site * Sofia de Melo e Castro Ulrich (born 2 May 1975) * Ana Margarida de Melo e Castro Ulrich (born 19 May 1980), married at Vale do Guiso on 9 May 2009 to her half second cousin Joaquim da Cunha Reis Ferreira, second of three sons of Luís Bernardo Ulrich Ferreira and Carlota Isabel Maria do Carmo Xavier de Noronha da Cunha Reis * João de Melo e Castro Ulrich (born 12 January 1984)


References

{{DEFAULTSORT:Ulrich, Fernando 1952 births Living people 21st-century Portuguese Jews Portuguese bankers Portuguese businesspeople Portuguese nobility Technical University of Lisbon alumni