Colombia's Petro names new finance minister in cabinet reshuffle

BOGOTA, April 26 (Reuters) - Colombian President Gustavo Petro named Ricardo Bonilla as finance minister in a cupboard reshuffle on Wednesday, despite market nervousness over former minister Jose Antonio Ocampo ultimate within the job.

Petro asked for resignations from all of his cupboard late on Tuesday after a debate on a fitness reform turned into abandoned by using the decrease condominium since the necessary quorum become no longer reached.

The reshuffle precipitated a fall in the peso, stock market and home Treasury bonds, but analysts mentioned an end to the coalition can also mean less radical reforms and extra balance for corporations.

Ocampo, a longtime public figure who is on public carrier depart from his job at Columbia university, had been considered as a stabilizing force via the market and guided the approval of an formidable tax reform last year through congress.

Reporting by Julia Symmes Cobb

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