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BANCO DO BRASIL SA

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Banco do Brasil SA : Banco do Brasil Reshuffles Board Of Directors

01/30/2012| 05:27am US/Eastern
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Brazil's government-run Banco do Brasil SA (BBAS3.BR), Latin America's largest bank in terms of assets, said over the weekend it reshuffled its board, replacing 13 directors.

The bank said it made the changes partly because some of the directors were at retirement age.

Most of the changes came at the bank's Sao Paulo operations, it said.

-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com

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