Brasilia (May 19): Brazil's acting president Michel Temer on Thursday named a new chairman for the scandal-tainted state oil company Petrobras.

The new boss is Pedro Parente, a former government minister and until now chairman of Bunge, a big agribusiness and food company.

Temer made the announcement via Twitter.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook