Brazil Central Bank May Name RBS’s Latif for Board, Valor Says

Brazil’s central bank may nominate RBS Securities Inc. senior economist Zeina Latif to its board and choose another economist from the financial industry to propose as well, Valor Economico newspaper reported, without saying how it obtained the information. Nominations to the board are subject to approval by Congress.

Latif may be appointed director in charge of special studies and the other economist will run the bank’s international directory, the newspaper said.

Gustavo do Vale, current director of rural financing, and director of supervision Alvir Hoffman may retire, opening two positions that may be filled by career officials from the central bank, the newspaper said.

A bank spokesman wasn’t immediate available to comment when called by Bloomberg News.

To contact the reporter on this story: Iuri Dantas in Brasilia at idantas@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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