Rodríguez Leaves OPEC for PDVSA
OPEC Secretary General Alí Rodríguez agreed in mid-April to assume the presidency of Venezuela's state oil company, Petróleos de Venezuela. Rodríguez previously served as President Hugo Chávez's oil minister before assuming the top OPEC post in November 2000 and returns to a country and company shaken by the failed presidential coup. Chávez is counting on Rodríguez to ease labor tensions at PDVSA, where striking workers have halted exports and reduced production. As oil minister from February 1999 to December 2000, Rodríguez oversaw Venezuela's compliance with OPEC production quotas.
CSFB Promotes Frank López
Credit Suisse First Boston has appointed Frank López as its new head of investment banking and emerging markets coverage for Latin America. López will work out of the bank's New York headquarters and will be responsible for...
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