During this time, he has played a vital role in substantially stepping up the exchange of information between the Bundesbank and the region’s central banks foremost in Brazil, Colombia, Peru, Chile, Argentina, Uruguay and Paraguay. During his time here in São Paulo, Dr Rennert has been committed in particular to deepening ties with the Banco Central do Brasil.
One of his milestone achievements was undoubtedly the preparation of a memorandum of understanding formalising close cooperation between the Banco Central do Brasil and the Bundesbank with respect to knowledge transfer and education and training opportunities for staff members.