No menu items!

Brazil’s government chooses Fausto Ribeiro as Banco do Brasil’s next president

RIO DE JANEIRO, BRAZIL - The federal government on Thursday, March 18th, announced the appointment of Fausto de Andrade Ribeiro as the next president of Banco do Brasil, following the not-unexpected resignation of André Brandão, the current president of the state-owned bank.

A career employee at Banco do Brasil since 1988, Ribeiro has served as president of BB Administradora de Consórcios investment management company since last year and will be the state-owned bank's 3rd president in approximately 8 months. Brandão took over in August last year, replacing Rubem Novaes, who resigned after being displeased . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content