BNDES gets new CEO

BNDES gets new CEO

Bonds Structured Finance Brazil People

Paulo Rabello Castro has been named as the new CEO of Brazil's national development bank BNDES, after Maria Silvia Bastos Marques stepped down last week.Castro, who is in charge of the government statistics agency IBGE, starts his new job next week, the office of President Michel Temer said in a statement.Marques took the reins of the state-controlled lender after Temer became acting president in May 2016. She resigned last Friday, citing personal reasons. Temer thanked Marques for "depoliticizi

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