People

Petrobras names interim CEO

Corporate & Sovereign Strategy Economy & Policy Equity

Fernando Borges will lead Brazil's state-owned oil company until the board confirms a permanent replacement

BlackRock appoints new country head in Chile

People Funds Asset Management

US fund manager taps a former Amundi executive to run the office in Santiago

Santander picks Mexican boss as next CEO

Funds Debt Equity

Héctor Grisi will take the helm at the Spanish bank in January 2023

Natura names former banker as new CEO

Corporate & Sovereign Strategy Brazil Europe

Fábio Barbosa says he will implement a "leaner" corporate structure at the Brazilian cosmetics company

Santiago subway loses CEO

People Chile

Rubén Alvarado leaves the state-owned transit company

Carrefour overhauls its board in Brazil

Corporate & Sovereign Strategy M&A Brazil

Group CEO Alexandre Bombard will chair the board of the subsidiary, with Diniz as his man on the ground

Santander names new finance head in Argentina

People Argentina Spain

Germán Hammoe is promoted at the Argentine branch of the Spanish bank

BancoEstado, Gasco Inversiones get new CEOs

People Gas Chile

Óscar González is appointed to lead the state-owned lender as Gerardo Cood takes the helm at Gasco's real estate division

BK Brasil names next CEO

People Brazil

Brazilian Burger King franchiser picks co-founder Ariel Grunkraut to replace Iuri Miranda at the end of the year

Aenza replaces CFO

People Peru

Peruvian engineering firm divides the finance department and promotes two executives

Petrobras shares slump on political interference worries

Corporate & Sovereign Strategy Economy & Policy Equity

Analysts warn of "interventionism" in the state-run oil company as the CEO is ousted after just 40 days on the job

Parque Arauco appoints new CEO

People Chile

Chilean shopping mall operator promotes Eduardo Pérez after running the international division

WOM marketing chief steps up to CEO

People Telecoms Mobile

Sebastián Precht replaces Christopher Laska, who leaves the Chilean telco after four years at the helm

Gol names new CEO after Abra tie-up

Corporate & Sovereign Strategy Equity Brazil

Celso Ferrer rises from COO to lead the Brazilian airline as it joins the same holding company as Colombia's Avianca

Argentine stock exchange picks new CEO

People Capital Markets Equity

BYMA promotes head of markets Gonzalo Merlo to replace Alejandro Berney