
Brazilian oil giant Petrobras confirmed Friday that banking executive Aldemir Bendine has been named its new chief executive, taking over amid a damaging corruption scandal that has tainted the ruling party.
Market reaction was hostile to reports that Bendine, who is seen as close to President Dilma Rousseff's Workers' Party, had been picked to take over from ex-CEO Graca Foster, who resigned Wednesday along with her entire board amid allegations that $4 billion was skimmed off Petrobras contracts and paid out in bribes over the course of a decade.
Bendine, 51, is currently chief executive of state-controlled Banco do Brasil, where he has spent his entire career.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor