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Haddad Announces New Central Bank Appointees

BRAZIL
  • BRAZIL'S HADDAD SAYS GOVT TO APPOINT PAULO PICCHETTI AS CENBANK DIRECTOR
  • HADDAD SAYS GOVT TO APPOINT RODRIGO ALVES TEIXEIRA AS CENBANK DIRECTOR - Reuters
  • Confirmation from Haddad that Picchetti will replace Guardado and Teixeira will replace Moura.
    • We noted earlier that Lula was said to be considering economics professor Paulo Picchetti for a central bank director’s post. Picchetti’s name has been circulating in financial markets as one of the main bets for the position and tends to be well received, the newspaper said.
    • Teixerira is the Executive Deputy Chief of the Special Secretariat for Government Analysis.

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