Petrobras on Chief Governance & Compliance Officer

Source: 2/1/2021, Location: South America

Petrobras informs that the Chief Governance and Compliance Officer, Marcelo Zenkner, has notified his intention to not renew his mandate, which will expire on March 20, 2021, for personal reasons: “I consider the mission of disseminating and generating engagement of the integrity culture at Petrobras duly fulfilled. Many achievements have been achieved, thanks to the spectacular work of the Governance and Compliance Office team and the agents of integrity, all distinguished professionals. I am very grateful to the members of the Board of Directors and the Executive Board for their trust and support. Now, at the end of my term, on March 20, the time has come to face new challenges”.

According to the special procedure foreseen in the company's rules for filling the position of Chief Governance and Compliance Officer, a new Chief Officer shall be appointed by the Board of Directors based on a triple list of professionals prepared by a selection process underway conducted by a specialized company, which selected professionals with notorious recognition of competence in the area.

The appointment shall also comply with the provisions in Law 13,303/2016, in the Company's Bylaws and in its Policy for the Appointment of Senior Management and Fiscal Council Members.

The Governance and Compliance Office, created in 2014, has the role of mitigating risks in the company's activities, including fraud and corruption, by ensuring compliance with laws, rules, standards and regulations, including the rules of the Brazilian Securities and Exchange Commission (CVM) and the U.S. Securities and Exchange Commission (SEC).

Brazil >>  5/26/2022 - Subsea 7 S.A. (SUBCY) announced the award of a major contract by Petrobras for the development of the Buzios 8 field located approximately 180 kilomet...

Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.