Half of PDVSA Board Replaced

Half of PDVSA Board Replaced

People Corporate & Sovereign Strategy

Petroleos de Venezuela has replaced five of its directors of its board, according to a decree in the country’s official gazette. Eudomario Carruyo, head of finance, Luis Pulido, internal director of production, Fadi Kabboul, planning director, Hercilio Rivas, research director and Carlos Vallejo, head of gas, were removed from their posts. Orlando Chacin, Jesus Luongo, Ower Manrique and Victor Aular have been appointed as new board members, says the decree. Jorge Giordani, finance minister, Nico

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