Banco do Brasil merges retail banking unit with human resources

April 6, 2015 10:35 PM

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SAO PAULO, April 6 (Reuters) - Banco do Brasil SA on Monday merged a division overseeing human resources into its retail banking unit in a move to raise efficiency as Latin America's largest economy faces a challenging outlook.

Brazil's largest bank by assets also nominated Paulo Roberto Ricci as senior vice president overseeing the merged retail banking and people management division, according to a regulatory filing. Ricci will replace Alexandre Abreu, who was previously head of retail banking and was named chief executi...

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