Newly sworn-in President Nicolas Maduro named current CBank chief...Nelson Merentes...as new Finance Minister.
This is mathematician Merentes' 3rd stint as FinMin.
He replaces staunch and austere Marxist academic Jorge Giordani...aka...El Monje/The Monk...who has overseen the economy since 2008.
For years...Venezuela has suffered persistent high inflation...often over 20%...and currency controls.
Giordani remains in the economic cabinet as Planning Minister.
Maduro reconfirmed the oil, defense, and foreign affairs ministers.
A new Interior Minister was also named...as well as a controversial new Sports Minister...Alejandra Benitez...who has been seen nearly nude in a recent magazine.