Joaquim Levy to Become Brazil’s Finance Minister, Folha Reports
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President Dilma Rousseff will appoint former Treasury Secretary Joaquim Levy as finance minister, Folha de S.Paulo newspaper reported, without saying where it obtained the information.
Levy, who is head of Bradesco Asset Management Ltd, was Treasury Secretary from 2003 to 2006 under Rousseff’s predecessor, Luiz Inacio Lula da Silva. He will replace Guido Mantega, Brazil’s longest-serving finance minister, the Sao Paulo-based newspaper reported in its online edition.