Petroperu Overhauls Board, Names Luis Canales President
The Petroleos del Peru SA Talara refinery in Piura, Peru.
Photographer: Sebastian Castaneda/BloombergPeruvian President José Jerí appointed a new chairman and board at Petroleos del Peru SA in a bid to shore up the state-owned oil company.
Luis Canales Galvez was named chairman and president and the board of directors was overhauled, the company said in a statement Saturday. Canales replaces interim chair Fidel Moreno, who served for less than a month.