Petrobras investors hope Prates will get the balance right

Prates can bring a new vision to Petrobras but strong leadership will also be required to resist political pressures

Ascendant: Workers Party senator Jean Paul Prates (pictured) is the choice of Brazilian President Luiz Inacio Lula da Silva for chief executive of state-controlled Petrobras.
Ascendant: Workers Party senator Jean Paul Prates (pictured) is the choice of Brazilian President Luiz Inacio Lula da Silva for chief executive of state-controlled Petrobras.Photo: AFP/SCANPIX
Published 4 January 2023, 18:23Updated 4 January 2023, 18:23