RIO DE JANEIRO—Brazil’s government on Nov. 19 turned to a University of Chicago-trained economist who has spoken in favor of privatizing Petroleo Brasileiro SA to be the head of the state-controlled oil company.
The nomination of Roberto Castello Branco is the latest in a string of appointments of Chicago-trained, free-market economists to the team President-elect Jair Bolsonaro, who takes office on Jan. 1.
