First time in history
Brazil’s largest state bank gets a boss
Brazil’s largest state-owned bank is being led by a woman for the first time in its more than 200-year history. Tarciana Medeiros was sworn in on Monday (local time) in the capital, Brasília, in the presence of Brazilian President Luiz Inácio Lula da Silva.
Published: 39 minutes ago
Tarciana Medeiros is Banco do Brasil’s first female boss.
Her predecessor, Fausto Ribeiro, was appointed director of the Banco do Brasil during the reign of ex-President Jair Bolsonaro. In addition, the smaller state bank Caixa Econômica Federal will be headed by a woman in the future.
The left-wing politician Lula replaced the right-wing incumbent Bolsonaro as president on January 1 and is trying to break with the political legacy of his predecessor on many levels – including the integration of different ethnic groups and appointments to leadership positions in the cabinet and state apparatus with women. The indigenous leader Sônia Guajajara was the first indigenous minister to be sworn in, and a well-known activist was appointed minister for the equality of ethnic groups.
Lula has also taken on the cause of reducing the huge gap between rich and poor Brazilians and stopping the economic exploitation of the Amazon region.
At the World Economic Forum in Davos, the head of state was represented by Environment Minister Marina Silva and Economics Minister Fernando Haddad, as he stayed in Brasília to support the investigations after radical Bolsonaro supporters stormed the government district on Sunday a week ago. Silva received applause in Davos on Monday for her speech on how the Lula government wants to work to protect trees and indigenous peoples in the Brazilian Amazon.