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Brazil’s Marcelo Kayath Would Be Strong Pick for Finance Ministry, Eduardo Bolsonaro Says
Eduardo Bolsonaro said Kayath would bring foreign-investment expertise and sustainable-growth ideas, while the campaign said no decision has been made.
On Friday, former Congressman Eduardo Bolsonaro told Reuters that investor Marcelo Kayath would be "an excellent choice" for finance minister should Senator Flavio Bolsonaro win next month's presidential election against President Luiz Inacio Lula.
Campaign adviser Eduardo noted a "convergence of views" after meeting Kayath four times, including Thursday, while Flavio and Lula remain locked in a tight race ahead of the election.
Kayath, founder of QMS Capital and former Credit Suisse managing director, is a "bold thinker" with strong ties to JPMorgan and Goldman Sachs, recognized as a key architect of the 2000s IPO boom.
Prioritizing a sustainable-growth agenda, Kayath stated any expenditure cuts must be "surgical, not indiscriminate," aiming to improve lives rather than merely pleasing financial markets.
While Kayath remains a prospect, Eduardo stressed that no final decision has been made, as the campaign currently prioritizes the election without naming a frontrunner for the economic post.