José Pio Borges is Chairman of the Board of Trustees at the Brazilian Center for International Relations (CEBRI), Member of the Board of Directors of Finvest and Member of the Strategic Council of Casa Firjan. He is Director of Casa Stefan Zweig in Petrópolis and President of the Council of Fundação Eva Klabin, among others.

Pio Borges was President of the Brazilian National Bank for Economic and Social Development (BNDES), where he also served as Vice-President after holding several other positions. He has also served as President of Pronor Petroquímica, Director of BBM Bank and Board Member of Petrobras Directors, Cia. Vale do Rio Doce, Aracruz Celulose SA, COPESUL, Rede Ferroviária Federal AS, Banco do Nordeste do Brasil SA, USIMINAS, among others.

Pio Borges holds a Master's degree in Economics from the New School for Social Research in New York, a Bachelor's degree in Mechanical Engineering and a Master's degree in Industrial Engineering from the Pontifical Catholic University of Rio de Janeiro. Pio Borges has received many honors and decorations, such as the Rodrigo Melo Franco de Andrade Award from Brazilian Institute of National Historic Preservation (IPHAN); the Grande Medalha da Inconfidência, from the State of Minas Gerais; Man of the Year in the National Scene, from the Rio de Janeiro Stock Exchange; Medal of Industrial Honor from the Federation of Industries of Rio de Janeiro (FIRJAN); Citizen of the State of Bahia, from the Bahia State Legislative Assembly; and the Sergio Gregory Medal of Honor from the Friends of the National Museum.