Lula to Tap Sao Paulo Ex-Mayor Haddad as Brazil Finance Chief

  • Haddad met with Economy Minister Guedes to discuss transition
  • Lula expected to announce two other cabinet members this week
Fernando HaddadPhotographer: Patricia Monteiro/Bloomberg
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Brazil President-elect Luiz Inacio Lula da Silva plans to appoint Fernando Haddad, a former Sao Paulo mayor who’s been part of the government transition team, as his finance minister on Friday, according to three advisers familiar with the decision.

He is also expected to announce Jose Mucio Monteiro, a former member of his past cabinet, as defense minister, said the advisers, who requested anonymity because the discussion isn’t public. Former Maranhao Governor Flavio Dino is likely to be appointed as justice minister.