November 19, 2018 / 10:11 AM / a month ago

Castello Branco accepts invitation to become new Petrobras CEO

RIO DE JANEIRO, Nov 19 (Reuters) - Economist Roberto Castello Branco has accepted an invitation to become the chief executive officer of Brazilian state-controlled oil company Petróleo Brasileiro SA, according to a statement from future Economy Minister Paulo Guedes on Monday.

Branco, who had previously served as a central bank member as well as an executive at miner Vale SA, will take over from current CEO Ivan Monteiro. (Reporting by Rodrivo Viga; Writing by Bruno Federowski in Brasilia; Editing by Adrian Croft)

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