Meet Lula's Heir in Brazil's Upcoming Presidential Election

Meet Lula's Successor in Brazil's Upcoming Presidential Election

(Bloomberg) -- Now that Brazil’s electoral authorities have banned Luiz Inacio Lula da Silva’s comeback bid for the presidency, here’s a cheat sheet on Fernando Haddad, the candidate who is expected to replace the legendary leftist icon.

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  • Born in Sao Paulo on Jan. 25, 1963
  • Holds PhD in philosophy from University of Sao Paulo, as well as additional university degrees in law and economics
  • Served as education minister under Lula and his successor, Dilma Rousseff
  • Was Sao Paulo city mayor 2013-2016; his administration faced large demonstrations against bus fare increases
  • Pledges to undo market-friendly reforms of current President Michel Temer
  • Known as harsh critic of banks; seeks to tax banks that have high interest rate spreads
  • Opposes sale of state-owned companies, including Petrobras and Eletrobras

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