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4 Min Read RIO DE JANEIRO (Reuters) - For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil’s state-run oil company Petrobras was unexpected - and unwelcome. FILE PHOTO: The logo of Brazil s state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo President Jair Bolsonaro announced the 71-year-old Luna would take the helm of Petroleo Brasileiro SA, as the firm is formally known, in a Facebook post in February. Luna - set to be elected at a Monday shareholder meeting to the Petrobras board of directors, and then as CEO - has no experience in the oil sector.

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