FILE PHOTO: Roberto Castello Branco, CEO of Petroleo Brasileiro S.A. , speaks during a compliance event in Rio de Janeiro, Brazil December 9, 2019. REUTERS/Sergio Moraes/File Photo
Bolsonaro first announced the nomination of former General Joaquim Silva e Luna to replace current CEO Roberto Castello Branco to head Petroleo Brasileiro SA, as the company is formally known, on social media after the market close Friday.
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