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Banco do Brasil President Chosen as New Petrobras CEO

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian government has chosen Banco do Brasil President, Aldemir Bendine, to head oil giant Petrobras, after its CEO, Maria das Graças Foster resigned on Wednesday, February 4th, according to national daily, O Globo.

Petrobras' board of directors is currently meeting to discuss the nomination of a new CEO and the five directors who also resigned on Wednesday and no official statement has been made by the company about the new nominations.

According to O Globo political columnist, Cristiana Lôbo, Bendine’s name was suggested by President Dilma . . .

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