Home / Knowledge / News / Braskem announces new CFO
Braskem announces new CFO
07
May '10
Braskem S.A. announces the nomination of Carlos José Fadigas de Souza Filho as its new CFO and Investor Relations Director, as of January 2007, replacing Paul Altit, who will take over new responsibilities at Construtora Norberto Odebrecht – CNO. Mr. Altit played a key role in Braskem's performance since its creation in 2002, resulting in major contributions to the strengthening of the Company's financial position, and to the completion of its corporate integration process.

Mr. Fadigas, 36 years old, is graduated in Business Administration from Unifacs, Bahia, and holds an MBA degree from the Institute for Management Development – IMD – in Switzerland. He started his career at Citibank in 1990 and served in several positions at OPP and Trikem, companies that were merged into Braskem. Since 2002, he has been the CFO of CNO, and participated in important transactions in the local and international capital markets.

Mr. Fadigas' appointment is a good example of the Company's commitment to adequately employ its best talents, promoting a natural turnover of its leading executives. “Fadigas has a sound experience in the financial and petrochemical areas and a good knowledge of international markets, and will certainly make a major contribution to the Company's process of growth with value creation, accelerating its internationalization process”, says CEO José Carlos Grubisich. “His mission will be to give continuity to the excellent job so far developed by Paul Altit, who is recognized by the entire financial sector as having been decisive in consolidating Braskem as a world-class company”, says Grubisich.

The commitment to creating value for all shareholders by increasing its strategic flexibility and reducing the cost of capital, will remain a key priority for Braskem's financial management. “The Company's growth strategy will continue to be based on a consistent investment policy, combined with capital discipline, thus ensuring adequate return on capital employed”, says Fadigas.

Braskem S.A.

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search