INSUBCONTINENT EXCLUSIVE:
This move comes as the country grapples with economic challenges and inflationary pressures
stands out among the nominees
Currently heading treasury operations at Bradesco, David brings a wealth of private sector knowledge to the table
background includes leadership positions at global financial giants like Morgan Stanley, Citigroup, and Barclays
His experience in trading various assets, from currencies to commodities, equips him with a comprehensive understanding of market dynamics
Vivan, nominated for Director of Regulation, currently oversees the Financial System Regulation Department
The country faces persistent inflation, with rates hovering above the 3% target
The Central Bank has responded by raising the Selic rate to 11.25%, yet market pressures for more aggressive hikes continue
By selecting a market veteran like David, the administration may be seeking to bridge the gap between government policy and market
the Senate, will join the Monetary Policy Committee (Copom)
