Vale hires new CFO

Brazil People

Gustavo Pimenta joins the Brazilian miner from US power company AES as Luciano Siani moves on to become the head of business strategy

Petz grooms new CFO

People Commerce Retail shopping

Aline Penna will replace Diogo Bassi at the Brazilian pet store chain in mid-October

IRB appoints new CEO

Brazil Capital Markets People

Raphael Carvalho leaves Metlife to take over the Brazilian reinsurance company

Brazil's former central bank head to join IMF

International Financial Institutions International Monetary Fund (IMF) Latin America

Ilan Goldfajn will become director of the multilateral lender's Western Hemisphere department in January next year

Oi names new CFO

People Telecoms Brazil

Brazilian telco appoints Cristiane Barretto to replace Camille Faria in charge of the finance department

GM appoints new head for South America

People South America Brazil

US carmaker selects Santiago Chamorro to replace Carlos Zarlenga

TIM calls in new CFO in Brazil

Brazil People Technology

Camille Faria now leads the financial department of the Italian telco's local subsidiary

GM searches for new chief in South America

People South America Brazil

US carmaker appoints CFO Roberto Martin as interim CEO for its business in the region

Ford names new CEO in Mexico, Central America

Central America Costa Rica Mexico

Luz del Castillo will replace Héctor Pérez in October

São Paulo names new privatization chief

Economy & Policy Brazil People

Rodrigo Maia will be in charge of selling state assets in the Brazilian state

Argentina names new finance secretary

Corporate & Sovereign Strategy Bonds Debt

Brigo takes over key post as the country negotiates a new IMF lending program

Carrefour, Casino promote senior managers in Brazil

People Brazil Commerce

Oliveira to head Carrefour's Atacadão, Gras to take on investor relations at Casino's GPA

Odebrecht faces liquidation in Colombia

Brazil Colombia People

Colombian regulator says Brazilian construction company and sister business are in deep financial problems

Cruzeiro do Sul chooses new CEO

People Brazil

Fabio Fossen takes over the Brazilian private education company after leading Bridgestone's operations in South America for seven years

Becle appoints new CEO

People Mexico

Olga Limón will replace Luis Félix at the end of the year