UPDATE 2-Brazil taps ex-Bunge boss Parente as Petrobras CEO, replaces Bendine

jueves 19 de mayo de 2016 20:20 GYT

(Adds comment from Parente)

BRASILIA/RIO DE JANEIRO May 19 (Reuters) - Brazil's interim President Michel Temer named Pedro Parente chief executive officer of state-led oil company Petroleo Brasileiro SA on Thursday as his government tries to kick-start a shrinking economy and shore up the debt-laden oil producer.

An engineer and one-time chief of staff to former President Fernando Henrique Cardoso, Parente replaces Aldemir Bendine.

Parente, 63, is charged with rescuing Petrobras, as the company is known, from a financial crisis brought on by low world oil prices, crippling debt and a massive corruption scandal.

"I understand the responsibilities," Parente said at a news conference in Brasilia. "I have no doubt that the company will have good governance and ...a strictly professional management."

He said there would be no political appointments at the company.

Parente is best known for his role as chairman of the Brazil unit of agribusiness and commodities-trading giant Bunge Ltd from 2010 to 2014.

He said he would resign as chairman of the Brazilian bourse BM&FBovespa SA if there were a conflict of interest, though he would prefer to stay on as the company is in the middle of acquiring rival Cetip SA Mercados Organizados.

The appointment marks Parente's return to Petrobras after 14 years. He sat on Petrobras' board under Cardoso and was a key player in opening Petrobras to competition and international investment after the Cardoso administration ended Petrobras' monopoly over exploration and production in 1997.   Continuación...