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LatinNews Daily - 27 July 2020

In brief: Banco do Brasil CEO announces resignation

* Rubem Novaes, the CEO of state-owned bank Banco do Brasil, has announced his resignation, effective in August. According to an official statement circulated in the media, his resignation was given under the “understanding that the company needs renewal to confront coming times with many innovations in the banking system. A replacement has yet to be named for the post, which Novaes had held since January 2019.

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