Brazil Senate panel okay Parnes as c bank director

BRAZIL - Brazil's Senate Economics Committee Tuesday approved the nomination of economist Beny Parnes as central bank international affairs director.

Parnes will replace Daniel Gleizer, who announced he would step down from the post at the end of this month.

The nomination must still be approved at a full Senate confirmation hearing.

Parnes, 42, holds a doctorate from the University of Pennsylvania. He is currently director of credit analysis and macroeconomics at Banco BBM in Rio de Janeiro.