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Oct 5, 2003

Schwartsman Moves to Central Bank
In September, the Brazilian Central Bank appointed Alexandre Schwartsman, chief economist at Unibanco, as director of international affairs. Schwartsman, 40, replaces Beny Parnes, who headed up Brazil's international bond sales since January 2001. Schwartsman will work under Central Bank President, Henrique Meirelles, who took control of the central bank in January. Schwartsman, who has a doctorate in economics from the University of California at Berkeley, has worked for Banco BBA Creditanstalt and Credit Agricole in Brazil. Parnes left the bank for personal reasons.

Fraga and Malan Join Corporate Boards
Bunge Brasil, the Brazilian division of the world's biggest oilseed processor, has named Armínio Fraga, Brazil's former Central Bank president, to its board of directors. The appointment came a month after Fraga, Central...

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