Peru’s President-Elect Names SABMiller Executive to Head Cabinet

  • Fernando Zavala was finance minister before moving to brewer
  • Pedro Pablo Kuczynski to name rest of his cabinet next week

Peru’s President-elect Pedro Pablo Kuczynski said he’ll name the head of beer company SABMiller Plc’s local unit as cabinet chief when he takes office later this month.

Fernando Zavala, 45, who worked alongside Kuczynski in the 2001-2006 government of Alejandro Toledo, will take the post as head of the 19-member cabinet Kuczynski plans to swear in on July 28. Zavala is an economist with an MBA from the University of Birmingham in the U.K.

Zavala “has great knowledge of what happens in Peru,” Kuczynski said in an interview with RPP Noticias. He “knows how the public administration functions, which is of great importance.”

Zavala has worked for the international beer company for the past decade, including four years as president of Cerveceria Nacional in Panama and more recently as chief executive officer of its Backus and Johnston unit, which has 95 percent of Peru’s beer market. Before that he spent a decade in government, first as head of Peru’s competition watchdog and then as deputy finance minister. In 2005, he was named finance minister, taking over from Kuczynski, who then became cabinet chief.

In his new post Zavala will coordinate policy making within the cabinet, present Kuczynski’s main legislative proposals to Congress, and oversee more than a dozen agencies that report to his office.

The only other cabinet member Kuczynski has named is his future finance minister Alfredo Thorne. He’s said he’ll name the rest of his cabinet on July 15.

Before it's here, it's on the Bloomberg Terminal.