SAO PAULO, June 1 (Reuters) - New management at Brazil's
state-controlled Banco do Brasil SA plans to replace
the chief executive of insurance holding BB Seguridade
Participacoes, Brazilian newspaper Valor Economico
reported on Tuesday.
Current CEO Marcio Hamilton is expected to be replaced by
Amauri Aguiar de Vasconcelos, a former pension fund executive,
the paper said, citing people with knowledge of the matter. The
Brazilian government is expected to decide on the matter soon.
Banco do Brasil's new CEO, Fausto Ribeiro, is replacing the
heads of the bank's main units. Banco do Brasil and BB
Seguridade did not immediately reply to requests for comment.
(Reporting by Tatiana Bautzer; Editing by Steve Orlofsky)