RIO DE JANEIRO (Reuters) – The chief govt of Brazilian oil large Petrobras, Madga Chambriard, stated the nation’s president requested her to work towards boosting the nation’s economic system whereas sustaining profitability on the oil agency.
Chambriard, who took over because the state-run firm’s high govt after President Luiz Inacio Lula da Silva fired the previous CEO in Could, stated at her formal set up on Wednesday that Petrobras’ imaginative and prescient for Brazil is aligned with the president’s priorities.
Chambriard’s stance was echoed by Lula, who spoke throughout the occasion held at Petrobras’ CENPES analysis middle in Rio de Janeiro.
“Nobody desires shareholders to lose one cent,” stated Lula. “No person desires Petrobras to be a loss-making firm.”
Petrobras shares plunged final month after Lula fired the previous CEO Jean Paul Prates resulting from fears he would look to put in a brand new CEO that might enhance Brazil’s economic system on the expense of its shareholders.
To satisfy Lula’s request, one in all Chambriard’s fundamental priorities is to hurry up the agency’s $102 billion funding plan for the 2024-2028 interval, which she stated has the potential to generate “tons of of 1000’s of jobs.”
Final week, Chambriard introduced her new administration staff and appointed three administrators with technical know-how and an extended historical past within the nation’s state-run corporations.
After the occasion on Wednesday, Chambriard advised journalists she doesn’t see additional modifications on the corporate’s senior administration employees.
