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BRB-Banco de Brasília names CEO

BRB-Banco de Brasília SA's board elected Paulo Henrique Rodrigues Costa the bank's new CEO, Valor Econômico reported.

Costa most recently served as the vice president of clients, businesses and digital transformation of Caixa Econômica Federal. He will replace Vasco Cunha Gonçalves, who will become the president of Banestes SA - Banco do Estado do Espírito Santo.

Costa's appointment is subject to the approval of Banco Central do Brasil.