Brazil's Lula nominates Bradesco head trader as central bank monetary policy director
Brazilian President Luiz Inacio Lula da Silva nominated Nilton David, head trader at Bradesco bank, to serve as the next monetary policy director at the central bank starting in January, the institution said on Friday. According to the central bank statement, Lula selected Gilneu Vivan, the current head of the central bank's financial system regulation department, to succeed Otavio Damaso as director of regulation.