パリ第10大学
Pinho was born in Lisbon in 1954 and graduated from the [[Technical University of Lisbon]] in 1975. He obtained "a Doctorat de Spécialité (3e cycle)" in economics at the [[Paris West University Nanterre La Défense|Université Paris X Nanterre]] in 1982, which he holds as equivalent to a [[Ph.D]]. He returned to Portugal to teach at the Technical University of Lisbon and the [[Catholic University of Portugal]]; and in 1985 went to work as a staff economist at the [[International Monetary Fund]] in [[Washington, D.C.]] He returned to Portugal in 1988 to become a management-level banker at the Portuguese subsidiaries of [[Manufacturers Hanover]] and [[Credit Lyonnais]]. Between 1991 and 1994, Pinho was Director-General of the Portuguese Treasury and his tenure coincided with the second and final stage of the privatization of [[Banco Espírito Santo]], which he joined right after he resigned from the Treasury in 1994.