A Review of the Nigerian Energy Industry

Petrobras gets new interim chairman

Petrobras headquarters in Rio de Janeiro.
*Petrobras headquarters in Rio de Janeiro.

15 September 2015 – Petrobras has appointed an interim chairman after the incumbent was granted 10 weeks of leave, while the company also revealed that its deputy chairman is also out for a period.

Board director Luiz Nelson Guedes de Carvalho will serve as interim chairman until Murilo Ferreira returns on 30 November, having requested extended leave.

Petrobras had given no reason for Ferreira’s decision to step aside temporarily, although Reuters cited an inside source as saying that he wanted to concentrate on day-to-day duties at Brazilian mining giant Vale, where he is also chief executive.

In a brief statement later on Monday, the beleaguered Brazilian state oil player also revealed that Clovis Torres Junior, deputy chairman of the company, “will also not take part in the board’s proceedings until 30 November,” providing no explanation for the move.

Guedes was appointed to the board in late April when Ferreira was confirmed as chairman.

Ferreira then took over from interim chairman Luciano Galvao Coutinho, president of Brazil’s BDNES development bank, who was appointed in late March to fill in following the resignation of Guido Mantega. Coutinho has been a member of the Petrobras board since April 2008.
*Eoin O’Cinneide – Upstreamonline

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