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Born in Genoa, Italy, on April 7 1949, Mantega is a graduate in economics from the University of São Paulo's College of Economics and Business Administration. He was a professor of economics at the Getúlio Vargas Foundation (FGV) School of Business Administration, hired in 1981.
Mantega took his doctoral in Development Sociology at the University of São Paulo's College of Philosophy, Sciences and Letters, specializing at Sussex University's Institute of Development Countries (IDS), in England, in 1977.
Professor of Economics for the São Paulo Catholic University (PUC-SP) Master's Degree and Doctoral program from 1984 to 1987, he was also the Budget Director and Chief of Staff for the São Paulo Municipal Planning Secretariat from 1982 to 1992.
Mantega was a member of PT's Economic Program Coordination for the 1984, 1989, and 1998 presidential elections, and has been President Luiz Inácio Lula da Silva's Economic Advisor since 1993. Additionally, he was one of the coordinators for PT's Economic Program in the 2002 campaign.
Mantega has published dozens of articles in magazines of the likes of Revista de Economia Política, Estudos CEBRAP, and Teoria em Debate.
Published books: "Acumulação Monopolista e Crises no Brasil", Editora Paz e Terra, 1981; "A Economia Política Brasileira", Vozes, 1984; "Custo Brasil - Mito ou Realidade", Vozes, 1997; "Conversas com Economistas Brasileiros II", Editora 34, 1999, among others.
Mantega was the Minister of Planning, Budget, and Management through November 18 2004, when President Luiz Inácio Lula da Silva named him the President of the Development Bank (BNDES). On March 28 2006, he took-over the Minister of the Treasury position and, on April 3 2006, he was elected member of the Petróleo Brasileiro S.A. (PETROBRAS), and Petrobras Distribuidora S.A. (BR) Boards of Directors | 