Eletrobras Appoints New Head

Jose da Costa Carvalho Neto has been appointed the new president of Eletrobras by Edison Lobao, minister of mines and energy on Monday, according to a statement on Eletrobras’ website. He replaces Jose Antonio Muniz Lopes and will take on the role in about two weeks, says an Eletrobras spokesperson. Jose da Costa Carvalho Neto has previously been president and director of the power plants of Minas Gerais and deputy head of Minas General.