Relationship With The Government
Traditionally the CEO is appointed by the Brazilian president but usually picked from a list of career directors. A few CEOs were taken from outside the financial industry.
Banco do Brasil has the monopoly of a number of government funding programs, like Pronaf (National Subsistence Farming Support), DRS, Fome Zero (zero hunger), PASEP, and others, and is the bank of choice for most municipal and state governments.
Read more about this topic: Banco Do Brasil
Famous quotes containing the words relationship with, relationship and/or government:
“I began to expand my personal service in the church, and to search more diligently for a closer relationship with God among my different business, professional and political interests.”
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“We must introduce a new balance in the relationship between the individual and the government—a balance that favors greater individual freedom and self-reliance.”
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“We’ll build a democracy here, even if it’s with Nazi bricks.”
—Samuel Fuller, U.S. screenwriter. Samuel Fuller. Captain Harvey, Verboten! American Military Government officer explaining the practicalities of de-Nazification (1959)