BRB Appoints New Finance and Risk Chiefs Amid Banco Master Fallout

Banco de Brasilia SA appointed a new chief financial officer and chief risk officer, as the bank owned by Brazil’s capital city deals with the fallout of Banco Master SA’s failure. The firm, known as BRB, saidBloomberg Terminal it will install Antonio José Barreto de Araújo Junior as CFO, and Ana Paula Teixeira as CRO, pending approval from the country’s central bank. Both executives previously worked at Banco do Brasil SA. The CFO position was held in the past by the bank’s chief executive officer.