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:
“When a mother quarrels with a daughter, she has a double dose of unhappiness—hers from the conflict, and empathy with her daughter’s from the conflict with her. Throughout her life a mother retains this special need to maintain a good relationship with her daughter.”
—Terri Apter (20th century)
“Whatever may be our just grievances in the southern states, it is fitting that we acknowledge that, considering their poverty and past relationship to the Negro race, they have done remarkably well for the cause of education among us. That the whole South should commit itself to the principle that the colored people have a right to be educated is an immense acquisition to the cause of popular education.”
—Fannie Barrier Williams (1855–1944)
“The Republican form of government is the highest form of government; but because of this it requires the highest type of human nature—a type nowhere at present existing.”
—Herbert Spencer (1820–1903)