Petrobras appoints new CEO

Brazilian state-owned energy major Petrobras has announced the appointment of economist Roberto Castello Branco as the new CEO of the company, effectively from January 2019.

Branco will be replacing Ivan Monteiro, who is heading back to state-owned Banco do Brasil. Monteiro took over the CEO of Petrobras after the former CEO Pedro Parente resigned during a truckers’ strike in May.

Branco was a member of Petrobras’s board until 2016, and has also held executive positions at Brazil’s central bank and iron ore miner Vale.

The appointment of Roberto Castello Branco is the latest in a string of appointments by President-elect Jair Bolsonaro, who takes office on January 1, 2019.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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