Haddad wants Dilma Rousseff as president of the Brics Bank, says newspaper

Brazilian Minister of Finance, Fernando Haddad, is trying to convince the current president of the New Development Bank (NDB), Marcos Troyjo, to resign his position to make possible the nomination of former Brazilian president Dilma Rousseff (PT), according to Valor Econômico newspaper.

Troyjo’s mandate runs until 2025.

The change in command of the institution known as Brics Bank, a group of countries that includes Brazil, Russia, India, China, and South Africa, would be due to the foreign relations that President Luiz Inácio Lula da Silva (PT) wants to establish with these nations.

The presence of Troyjo in the position, members of the Treasury say, has created a “tight spot” in the relationship with Brazil since he was appointed by the former Minister of Economy, Paulo Guedes.

The president of the NDB is also a critic of Lula da Silva.

According to the newspaper’s findings, Haddad has talked to him at least twice, but Troyjo resists the idea of resigning from the post, which would lead Brazil to propose a dismissal to the other member countries of the bank. He did not respond to requests for information.

Dilma Rousseff’s advisor stated that the possible nomination for the position is speculation.

She would have been resistant initially since the NDB’s headquarters are in Shanghai, China.

However, she changed her mind due to the current economic situation.

With information from Gazeta do Povo

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