Former army general takes control of Brazil’s Petrobras
President Jair Bolsonaro backs Luna as new CEO of the state-run oil company
12 April 2021 - 16:49
Rio de Janeiro — For many investors, the appointment of former army general Joaquim Silva e Luna as the new CEO of Brazil’s state-run oil company Petrobras was unexpected, and unwelcome.
President Jair Bolsonaro announced the 71-year-old Luna is to take the helm of Petroleo Brasileiro as the firm is formally known, in a Facebook post in February...
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