Former Steel Executive Appointed Head of Brazil’s BNDES Bank

Brazil’s Acting President Michel Temer has appointed Maria Silvia Bastos Marques, the former chief executive of steelmaker Cia. Siderurgica Nacional, to head up Brazil’s state development bank BNDES.

Marques, 59, has also served as CEO of Rio de Janeiro’s Olympic Company and finance secretary for the city’s government. Temer’s press office announced her appointment by text message, without providing additional details such as her start date.

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