RPT-FACTBOX-Possible members of Rousseff cabinet in Brazil

(Repeating story from late Sunday with no changes to text)

Oct 31 (BestGrowthStock) – Brazil’s president-elect, Dilma
Rousseff, is expected to choose some familiar names for her
cabinet in the coming weeks after her victory in Sunday’s
election. [ID:nN20249338]

Following are some key names in her inner circle who could
get cabinet posts, based on information from sources close to
Rousseff and analysts.

ANTONIO PALOCCI, LEGISLATOR AND ROUSSEFF CAMPAIGN MANAGER

Tipped as chief of staff, political liaison with Congress,
or health minister.

Palocci, a radical Trotskyite in his youth, is widely
credited for winning investor confidence and stabilizing
markets as finance minister during the first year of President
Luiz Inacio Lula da Silva’s presidency.

A physician-turned-politician, Palocci helped found the
left-wing Workers’ Party (PT) in 1980. As a two-time mayor of a
mid-sized city in Sao Paulo state, Palocci was among the first
generation of PT politicians to gain executive experience. He
boosted his managerial credentials as Lula’s campaign manager
in 2002.

Palocci, 50, is seen as one of the most market-friendly
figures in the PT and has pushed for strict fiscal discipline.
There is some opposition within the party to him getting a
powerful post such as chief of staff.

He was once tipped as a possible successor to Lula but was
forced to resign as finance minister in 2006 over an ethics
scandal. He has been one of Rousseff’s closest advisors during
the campaign and has often been seen coaching her behind the
scenes at televised debates.

LUCIANO COUTINHO, PRESIDENT OF THE BNDES DEVELOPMENT BANK

Tipped as finance minister or central bank president.

Born in the same poor, northeastern state of Pernambuco as
Lula, Coutinho specialized as an academic in industrial and
international economics and was Rousseff’s professor in the
1990s when she was pursuing a graduate degree.

Between 1985 and 1988, he was executive secretary for the
science and technology ministry, taking part in the structuring
of the ministry and conception of policies in areas such as
biotechnology and information technology.

Coutinho, 63, is seen as fiscally conservative and believes
spending has been rising too quickly, although he has presided
over a surge in state-subsidized loans by the BNDES in the wake
of the global financial crisis. He has also expressed concern
about the effect of the strong real (BRBY: )(BRL=: ) on Brazilian
industry and could advocate more restrictions on capital
inflows if the currency keeps rising.

He holds a PhD in Economics from Cornell University.

PAULO BERNARDO, PLANNING AND BUDGET MINISTER

Tipped as presidential chief of staff or planning
minister.

Although he has a political background as a student leader,
a unionist and later a PT legislator, Bernardo is widely viewed
as a technocrat and a pragmatist. As an official at the
state-owned Banco do Brasil (BBAS3.SA: ) he became a union
activist and was later elected to three terms in Congress.

Bernardo, 58, is not considered a heavyweight in Lula’s
cabinet and usually toes the line of Finance Minister Guido
Mantega.

GUIDO MANTEGA, FINANCE MINISTER

Tipped by some to stay on as finance minister, though
others think Rousseff will want a new face to lead her economic
team.

A longtime advocate of increased development spending in
Brazil, Mantega presided over Brazil’s rapid economic
rebound from the global financial crisis.

On his watch, the finance ministry took a series of
measures to quickly lift Latin America’s largest economy from
recession, reducing taxes for key industries as the national
Treasury lent billions of dollars to the BNDES.

Mantega, 61, has in the past publicly disagreed with the
central bank over the level of Brazil’s interest rates, which
are among the world’s highest. More recently, he has been
at the forefront of Brazil’s efforts to contain its rallying
currency and has urged other countries to take coordinated
action against the weak dollar. He grabbed headlines globally
by saying the world was in an “international currency war.”

A longtime member of the Workers’ Party, he went to great
lengths in 2006 to persuade investors that he was committed to
the austere fiscal and economic policies championed by his
predecessor Palocci.

HENRIQUE MEIRELLES, CENTRAL BANK PRESIDENT

Tipped for a ministry, possibly mines and energy, or a
potential new role as Brazil’s infrastructure czar. Some say he
may struggle to win backing for a high-profile post because he
only recently joined the coalition PMDB party.

Brazil’s longest-serving central bank governor, Meirelles
has managed to keep price pressures contained by aggressively
pursuing an inflation target.

He has resisted pressure at times from the finance ministry
and others to bring down borrowing costs, consistently taking a
more conservative approach to monetary policy.

His political aspirations raised worries over the direction
of monetary policy earlier this year, but he is widely credited
for having successfully helped steer Brazil’s economy through
the worst global financial crisis in decades.

Meirelles, 65, came from the private sector, where he was
president of BankBoston from 1996 to 1999. He could stay at the
central bank during a transition period, but is not keen to
stay in the job much longer.

ALEXANDRE TOMBINI, HEAD OF REGULATION AT THE CENTRAL BANK

Another name that has been floated as a potential central
bank president.

Tombini, head of the financial regulation at the central
bank, is a seasoned inflation fighter who is seen as unlikely
to bend to political pressures and would be widely expected to
continue with conservative monetary policy.

He helped set up the inflation-targeting regime that Brazil
adopted in 1999.

Tombini, 46, has also been the director of the central
bank’s foreign affairs department and the special studies
department. He previously worked at the International Monetary
Fund and at Brazil’s finance ministry.

He holds a PhD in Economics from the University of
Illinois.

NELSON BARBOSA, SECRETARY OF ECONOMIC POLICY

Tipped for a key role on the economic team, or possibly as
central bank head.

A rising star and a top advisor to the finance minister on
economic policy, Barbosa is close to Rousseff and also helped
Lula during his 2006 presidential campaign.

He has strongly backed Lula’s plan to revamp oil laws
regulating massive offshore crude reserves and a popular
government program to build affordable housing.

Barbosa, 40, was also involved in Brazil’s massive
infrastructure program known as the PAC, which was managed by
Rousseff during her time as Lula’s chief of staff.

He called for looser fiscal policy during the global
financial crisis, and has criticized the central bank for not
lowering interest rates more aggressively.

Barbosa has argued that real interest rates in Brazil could
safely fall to 2 percent in the next four years without putting
the economy at risk. Real interest rates, or the central bank’s
base rate minus inflation, currently hover at around 6.25
percent in Brazil.

He holds a PhD in Economics from the New School for Social
Research in New York.
(Compiled by Ana Nicolaci da Costa and Raymond Colitt in
Brasilia and Stuart Grudgings in Rio de Janeiro; Editing by
Todd Benson and Kieran Murray)

RPT-FACTBOX-Possible members of Rousseff cabinet in Brazil