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Brazil's OGpar names new financial chief

Bnamericas Published: Wednesday, March 23, 2016
Brazil's OGpar names new financial chief

The board of Brazilian oil producer OGpar has approved the appointment of Márcia Lemos Mainenti as the company's financial director.

Mainenti, an economist who previously filled the roles of treasurer and investor relations manager of OGpar, replaces Paulo Narcélio Simões Amaral, the Rio de Janeiro-based firm said in a statement on Wednesday.

Amaral will remain executive director of the company, formerly known as OGX.

The one-time oil and gas flagship of fallen tycoon Eike Batista, OGpar filed for bankruptcy protection in 2013 with debts of more than US$5bn.

Earlier this month OGpar interrupted production at the Tubarão Martelo field in the Campos basin after approval from Brazil's hydrocarbons regulator ANP.

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