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Ex-regulator confirmed as new chief of Brazil's Petrobras
Ex-regulator confirmed as new chief of Brazil's Petrobras
Business and Economy
by  AFP

Brazil's state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive Friday, 10 days after left-wing President Luiz Inacio Lula da Silva sacked her predecessor. Petrobras said its board had named Chambriard as a member and elected her chief executive, effective immediately.