https://sputnikglobe.com/20200725/ceo-of-banco-do-brasil-rubem-novaes-resigns-to-ensure-banks-renewal-1079980310.html
CEO of Banco do Brasil Rubem Novaes Resigns to Ensure Bank's Renewal
CEO of Banco do Brasil Rubem Novaes Resigns to Ensure Bank's Renewal
Sputnik International
RIO DE JANEIRO (Sputnik) – Rubem Novaes, CEO of Banco do Brasil – the largest Latin American bank in terms of assets – has announced his resignation to ensure... 25.07.2020, Sputnik International
2020-07-25T03:41+0000
2020-07-25T03:41+0000
2022-08-06T11:10+0000
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CEO of Banco do Brasil Rubem Novaes Resigns to Ensure Bank's Renewal
03:41 GMT 25.07.2020 (Updated: 11:10 GMT 06.08.2022) RIO DE JANEIRO (Sputnik) – Rubem Novaes, CEO of Banco do Brasil – the largest Latin American bank in terms of assets – has announced his resignation to ensure the company's renewal.
Novaes said in a statement on Friday that he had asked Brazilian President Jair Bolsonaro and Economy Minister Paulo Guedes for resignation starting from August "understanding that the company needs renewal to meet future innovations in the bank system".
Rubem Novaes has publicly defended the bank's privatization in recent months, local media reported.
Novaes has been heading Banco do Brasil since 2018, before that he had worked in the National Bank for Economic and Social Development.
He has graduated in economics from the Federal University of Rio de Janeiro and completed a master's and doctorate at the University of Chicago.
