June 1, 2018 / 10:08 PM / 10 months ago

Brazil's Temer recommends Ivan Monteiro as permanent Petrobras CEO

FILE PHOTO: Petroleo Brasileiro S.A Chief Financial Officer Ivan Monteiro attends the presention of the company's 2014 results in Rio de Janeiro April 22, 2015. REUTERS/Ricardo Moraes

BRASILIA (Reuters) - Brazil’s President Michel Temer recommended on Friday that the board of state-run oil company Petrobras (PETR4.SA) appoint Ivan Monteiro as its new permanent chief executive officer, while vowing not to interfere in the firm’s pricing policies.

Monteiro, currently the chief financial officer, was named interim CEO earlier on Friday following the resignation of Pedro Parente, who opposed changes in pricing policy sought by the government.

Reporting by Anthony Boadle, Editing by Rosalba O'Brien

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