Venezuelan president Nicolás Maduro, elected on April
14, appointed central bank governor Nelson Merentes as finance
minister. The move cheered analysts, who say Merentes is likely
to be more pragmatic than his predecessor, Jorge Giordani.
Commerce minister Edmée Betancourt was nominated as
president of the central bank.
Itaú BBA hired Morgan Stanley's Charles Stewart as
CEO of its London subsidiary, to replace Almir Vignoto, who
moves to New York to run US operations in June. Stewart worked
at Morgan Stanley for 19 years, and previously headed LatAm
investment banking. BBVA Bancomer's Rafael Gamboa
González was named CEO of Mexican development bank
Fideicomisos Instituidos en Relación con la Agricultura
(FIRA), replacing Rodrigo Sánchez Mújica.
BlackRock hired former Mexican undersecretary of finance and
public credit Gerardo Rodríguez as a managing director
in New York. He will...
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