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Brazil’s Caixa begins search to fill vice president vacancies

26th January 2018 9:11 am GMT

The board of directors of Brazilian bank and lottery concession holder Caixa Economica Federal has dismissed three of the four vice presidents who had been suspended due to corruption allegations.

The four Caixa vice presidents were suspended last week, initially for a 15-day period, following allegations of corruption involving loans and investments by public pension funds.

Having established a new corporate governance structure, Caixa’s first action has been to terminate the employment of its VP of government Roberto Derziê de Sant’Anna, VP of government funds [...]

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