New Petrobras directors named

RIO DE JANEIRO, January 7, 2019 – Roberto Castello Branco, the new CEO of Petrobras, has named three new directors for the Brazilian NOC, local media reported over the weekend.

Anelise Quintão Lara will take over Petrobras’ refining and natural gas division, while Lauro Cotta has been appointed to oversee the company’s strategy, organisation and management systems, local newspaper O Globo reported. Additionally, Rudimar Lorenzatto has become head of production and technology development.

The appointments follow last week’s swearing-in of Roberto Castello Branco as Petrobras’ CEO. During the ceremony, the new executive said the NOC would focus on profitable upstream activities, particularly in deepwater areas, and divest midstream and downstream assets that do not generate value for the company.

“The important thing is to be strong, not gigantic,” Castello Branco said.

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