Brazil’s Haddad Pitches Ministry Ally for Open Central Bank Seat

Brazil Finance Minister Fernando Haddad has pitched President Luiz Inacio Lula da Silva on naming an ally from inside his ministry to an open seat on the central bank board,...

By Martha Viotti Beck · Bloomberg Markets

Brazil Finance Minister Fernando Haddad has pitched President Luiz Inacio Lula da Silva on naming an ally from inside his ministry to an open seat on the central bank board, according to two people with knowledge of the situation.