UK: BG Names Fabio Barbosa as Chief Financial Officer

BG Group today announced that Fabio Barbosa has been appointed to the Board as an Executive Director and as Chief Financial Officer, effective 31 March 2011.

Fabio Barbosa joined BG Group in December 2010. He was until June 2010 the Chief Financial Officer at the Brazilian mining company Vale S.A., one of the largest private sector companies in Latin America and 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 S.A., the Brazilian Securities, Commodities and Futures Exchange.

Prior to joining Vale in 2002, Fabio 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.

Fabio Barbosa succeeds Ashley Almanza, who stands down from the Board on 31 March 2011.

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Source: BG, March 14, 2011;