21:15 ET<\/span>
\n<\/span><\/p>\nBrazil’s former central bank chief, Henrique Meirelles, has been appointed to lead preparations for the 2016 Olympic Games in Rio de Janeiro. <\/p>\n
Mr Meirelles accepted the nomination after meeting President Dilma Rousseff.<\/p>\n
As head of the Olympic Public Authority, he will manage a multi-million dollar budget and a staff of around 170. <\/p>\n
Mr Meirelles said a successful Games would reinforce Brazil’s reputation for political and economic stability.<\/p>\n
“My job will be to coordinate efforts of all levels of government to ensure the Olympics are the success that Brazil and the whole world expects,” he said. <\/p>\n
“The event will be symbolic of Brazil’s capacity to fill the new space it has created for itself in the world”. <\/p>\n
Mr Meirelles became Brazil’s longest serving central bank chief under former president Luiz Inacio Lula da Silva, when he oversaw eight years of sustained economic growth. <\/p>\n
His appointment as head of the Olympic Public Authority is expected to be confirmed by the senate in the coming weeks.<\/p>\n
Brazil is also hosting the football World Cup in 2014. <\/p>\n<\/p><\/div>\n<\/p>\n
The rest is here:
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