Brazilian lender Santander's Chairman Rial resigns (updated)

Banco Santander Brasil SA

20/01/2023 22:15

(Adds more details on resignation, context)
       SAO PAULO, Jan 20 (Reuters) - Brazilian lender Santander
Brasil SA  SANB11.SA  said on Friday its chairman and former
chief executive, Sergio Rial, is resigning from his position at
the firm.
    The resignation comes just days after Rial quit his
short-lived job as chief executive of retailer Americanas SA
after finding accounting "inconsistencies" that led the company
to file for bankruptcy protection. 
    Rial was Santander Brasil's CEO for six years, as well as
the bank's regional head for South America, before transitioning
to board chairman in early 2022. 
    He is also chairman of the board at fuel distributor Vibra
Energia SA  VBBR3.SA , vice chair at BRF SA  BRFS3.SA  and a
board member at Delta Air Lines  DAL.N . 
    The executive "presented his resignation as a member of the
board of directors and as a member of the advisory committees of
the board," the Brazilian unit of Spain's Santander  SAN.MC 
said in a securities filing. 
    Rial will be replaced on an interim basis by his vice chair,
Deborah Stern Vieitas, until the bank's next general meeting on
April 28.
 (Reporting by Peter Frontini; Editing by Josie Kao)
 ((Peter.Siqueira@thomsonreuters.com; +55 11 56447727;))