Argentine President-elect Alberto Fernandez unveiled his cabinet and new central...
Hans Humes, the head of emerging market specialist Greylock Capital Management, which is closely involved in the restructuring talks with Argentina, said he supported Guzman’s appointment but acknowledged some investors had concerns.
“As far as experience, Guzman has been involved in sovereign and quasi-sovereign situations. And his views on growth rather than austerity led recoveries are spot on.” Matias Kulfas, who previously held government and central bank positions, was named as the powerful production minister. The next agriculture minister of the major grains exporting country will be congressman Luis Basterra.Guillermo Nielsen, a key economic adviser to Fernandez, will be tasked with leading state oil firm YPF SA , which has important ties with multinational companies developing the country’s vast Vaca Muerta shale play.
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