Ivan Monteiro

Last updated
Ivan Monteiro
37th President of Petrobras
Assumed office
1 June 2018
Nominated by Michel Temer
Preceded by Pedro Parente
Personal details
Born
Ivan de Souza Monteiro

1960 (age 5859)
Manaus, AM, Brazil
OccupationEngineer, CEO

Ivan de Souza Monteiro (born 1960, in Manaus) [1] is a Brazilian electronic engineer. He is the president of the oil state company Petrobras. [2] Previously, Monteiro was CFO of the company. Before heading Petrobras, Monteiro worked in Banco do Brasil. [2]

Brazil Federal republic in South America

Brazil, officially the Federative Republic of Brazil, is the largest country in both South America and Latin America. At 8.5 million square kilometers and with over 208 million people, Brazil is the world's fifth-largest country by area and the fifth most populous. Its capital is Brasília, and its most populated city is São Paulo. The federation is composed of the union of the 26 states, the Federal District, and the 5,570 municipalities. It is the largest country to have Portuguese as an official language and the only one in the Americas; it is also one of the most multicultural and ethnically diverse nations, due to over a century of mass immigration from around the world.

Petróleo Brasileiro S.A. — Petrobras, more commonly known as simply Petrobras, is a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.

The chief financial officer (CFO) is the officer of a company that has primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the United Kingdom, the typical term for a CFO is finance director (FD). The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all strategic and tactical matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding.

Contents

Career

Monteiro was taken to Petrobras in 2015 by Aldemir Bendine, former president of Banco do Brasil (BB), nominated in that year as president of the company by president Dilma Rousseff. Monteiro had been vice-president of the Financial Management and Affairs with Investors of BB, in office between 2009 and 2015. [3]

Aldemir Bendine Brazilian manager

Aldemir Bendine was the chief executive officer (CEO) of Petrobras.

Banco do Brasil S.A. is the largest bank by assets in Brazil and all of Latin America. The bank, headquartered in Brasília, was founded in 1808 and is the oldest active bank in Brazil, even older than the country's central bank. It is also one of the oldest banks in continuous operation in the world.

Dilma Rousseff 36th President of Brazil

Dilma Vana Rousseff is a Brazilian economist and politician who served as the 36th President of Brazil, holding the position from 2011 until her impeachment and removal from office on 31 August 2016. She was the first woman to hold the Brazilian presidency and had previously served as Chief of Staff to former president Luiz Inácio Lula da Silva from 2005 to 2010.

In June 2018, after Pedro Parente's departure, Monteiro was chosen by the Petrobras Administration Council as acting president, later nominated by Michel Temer as president. [4]

Pedro Parente Brazilian engineer, entrepreneur and politician

Pedro Pullen Parente is a Brazilian engineer, politician and administrator, former president of the state oil company Petrobras.

Michel Temer 37th President of Brazil

Michel Miguel Elias Temer Lulia is a Brazilian lawyer and politician who served as the 37th President of Brazil from 31 August 2016 to 31 December 2018. He took office after the impeachment and removal from office of his predecessor Dilma Rousseff. He had been Vice President since 2011 and Acting President since 12 May 2016, when Rousseff was suspended while she faced an impeachment trial. At the age of 75, he is the oldest person to have taken the office.

See also

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References

  1. "Presidente interino da Petrobras, Ivan Monteiro fez carreira no setor bancário e foi braço direito de Aldemir Bendine" (in Portuguese). G1. 1 June 2018. Retrieved 18 November 2018.
  2. 1 2 Pamplona, Nicola (2 June 2018). "Saiba quem é Ivan Monteiro, o novo presidente da Petrobras" (in Portuguese). Folha de S. Paulo. Retrieved 18 November 2018.
  3. Cruz, Valdo (1 June 2018). "Ivan Monteiro aceita convite de Temer para ser efetivado como presidente da Petrobras" (in Portuguese). G1. Retrieved 18 November 2018.
  4. Cruz, Valdo (1 June 2018). "Petrobras: Conselho escolhe Ivan Monteiro como presidente interino, mas Temer quer nome definitivo ainda nesta sexta" (in Portuguese). G1. Retrieved 18 November 2018.
Business positions
Preceded by
Pedro Parente
President of Petrobras
2018–present
Incumbent