Paes de Andrade takes office as director and president of Petrobras

THE Petrobras informed this Tuesday (28) that Caio Mario Paes de Andrade took office as a member of the Board of Directors and as Executive President of the company, at the company’s headquarters in Rio de Janeiro.

He had been elected the day before by the council. There were 7 votes in favor of the government nominee and 3 votes against in the voting, which began at 11 am.

The expectation was that Andrade’s name would have to two to four votes against the nomination . The number would not be enough to prevent the election, with the government having a majority in the body after appointing six of the ten current councilors.

Last Friday (24), the Eligibility Committee of the state-owned company approved Andrade’s name, allowing the vote. The approval, however, was not unanimous . The name received three votes in favor and one against. According to the analyst CNN Raquel Landim, there were disagreements about his knowledge and experience to occupy the position.

Who is Caio Mario Paes de Andrade?

The new president of the state-owned company has a degree in Social Communication from Universidade Paulista, a postgraduate degree in Administration and Management from Harvard University and a Master’s in Business Administration from Duke University.

The executive comes from the Special Secretariat for Debureaucratisation, Management and Digital Government of the Ministry of Economy, where he is responsible for the Gov.br platform. In 2019, he moved from the private to the public sector, where he served as president of Serpro (Federal Service for Data Processing), a public company providing Information Technology services, until August 2020, when he went to the secretary of the Ministry .

Andrade was also a member of the Board of Directors of Embrapa and PPSA (Pré-Sal Petróleo SA).

*With information from João Pedro Malar, from CNN Brasil Business