Colombia Appoints Goldman’s Janna as Public Credit Director

Colombian Finance Minister Mauricio Cardenas named Michel Janna of Goldman Sachs Group Inc., as the country’s new Director of Public Credit.

Janna, who has a doctorate in economics from Northwestern University in Illinois, was Goldman’s head of sovereign risk for the Americas, the Finance Ministry said today in an e-mailed statement.

He has also worked for Citibank in New York, and as a specialist on financial stability at Colombia’s central bank, according to the Finance Ministry.

Janna did not return a call requesting comment.

Departing Public Credit Director Maria Fernanda Suarez said in a phone interview today that she quit the Finance Ministry for “strictly personal reasons.”

Before joining the Finance Ministry, Suarez, 38, was Chief Investment Officer at AFP Porvenir, Grupo Aval Acciones y Valores SA’s pension fund. She has also worked in the fixed income departments of Bank of America Corp., Citigroup Inc., ABN Amro Group SA and Banco Santander SA.

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