Colombia’s President to Name Ávila as Next Finance Minister

Gustavo PetroPhotographer: Ferley Ospina/Bloomberg
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Colombian President Gustavo Petro is close to naming Germán Ávila, the head of the country’s state-run banking group, as his next finance minister.

Ávila will take over as Petro’s fourth finance minister after Diego Guevara stepped down just three months into the role.