BG Group, a leader in natural gas, has appointed Fabio Barbosa as an executive director and chief financial officer (CFO), effective 31 March 2011. Barbosa joined BG Group in December 2010. Until June 2010, he was CFO at the Brazilian mining company Vale, one of the largest metals and mining companies in the world by market capitalisation. From April 2009 until December 2010, he was also a director of BM&FBOVESPA, the Brazilian securities, commodities and futures exchange.
Prior to joining Vale in 2002, Barbosa spent seven years in the Brazilian Ministry of Finance, rising to the role of National Treasury Secretary. He is a former adviser to one of the executive directors of the World Bank.
Barbosa succeeds Ashley Almanza, who stands down from the board on 31 March 2011.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.