January 8, 2010
Bunge appoints new president and CEO to Bunge Brazil
Pedro Parente has been appointed to the newly created position of President and CEO, Bunge Brazil, effective January 11, 2010.
In his new role, Parente will lead all of Bunge's businesses in Brazil, and will report to Alberto Weisser, Chairman and CEO of Bunge Limited.
Until December 2009, Parente served as Chief Operating Officer in Grupo RBS (RBS), a leading Brazilian multimedia company. Prior to joining RBS, Parente held a variety of high-level posts in the public sector, including Chief of Staff, Minister of Planning and Deputy Minister of Finance during the administration of Brazilian President Fernando Henrique Cardoso. Parente has also served as a consultant to the International Monetary Fund (IMF) and has worked at the Brazilian Central Bank and Banco do Brasil. He is a former Chairman of the Board of Petrobras and Banco do Brasil.
Parente holds a degree in electrical engineering from the University of BrasÃlia, and is a fellow at the George Washington University Centre of Latin American Studies.
Mario Barbosa will continue to manage Bunge's fertiliser operations in Brazil, and Sergio Waldrich will continue to manage its agribusiness, food products and sugar & bioenergy operations. Both will report to Parente.
Weisser said, "We look forward to integrating further Bunge's Brazilian businesses, so they can produce the best services for our domestic and international customers with the greatest efficiency. Market conditions demand this. In addition to their management responsibilities, Mario and Sergio will work closely with Pedro to create the optimal linkages among Bunge Fertilizantes, Bunge Alimentos and our growing sugar and bioenergy business."
Bunge Limited is a leading global agribusiness and food company headquartered in White Plains, New York. The company has 25,000 employees in over 30 countries, supplying fertiliser to farmers; originates, transports and processes oilseeds, grains and other agricultural commodities; produces food products for commercial customers and consumers; and supplies raw materials and services to the biofuels industry.
