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Senate Approves Otto Lobo's Nomination for President of the CVM

Summary by Globo
The plenary of the Senate approved, by 31 votes to 13, Otto Lobo's nomination for president of the Committee on Securities (CVM). Earlier, his name was approved by the Committee on Economic Affairs of the House. Lula sent the indications of Otto Lobo to the president of the CVM on January 6, and Igor Muniz to exercise the position of director of the local government. Currently, there are three open vacancies in the board of directors of the CVM,…

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The plenary of the Senate approved, by 31 votes to 13, Otto Lobo's nomination for president of the Committee on Securities (CVM). Earlier, his name was approved by the Committee on Economic Affairs of the House. Lula sent the indications of Otto Lobo to the president of the CVM on January 6, and Igor Muniz to exercise the position of director of the local government. Currently, there are three open vacancies in the board of directors of the CVM,…

·Brazil
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The Senate approved, on Wednesday (20), Otto Lobo's nomination for president of the CVM (Mobile Securities Commission). Otto Lobo temporarily assumed the presidency of the state office in July 2025, when then president João Pedro Nascimento resigned from office. Lobo entered the CVM in 2022, when he was appointed by former president Jair Bolsonaro (PL) to occupy the board. Read More BDRS: What are and how to invest in these assets? Flavio seeks …

·Brazil
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The Economic Affairs Committee (CAE) approved on Wednesday the nominations of Otto Eduardo Fonseca de Albuquerque Lobo for the Presidency of the Securities and Exchange Commission (CVM) and Igor Muniz for the Board of Directors of the agency. Both names received 19 favorable votes in the committee and will proceed, under urgent procedure, to the Plenary for analysis. Senator Eduardo Braga (MDB-AM), rapporteur for Otto Lobo's nomination (MSF 1/20…

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The Senate's Committee on Economic Affairs (CAE) approved, on Wednesday, 20, the name of lawyer Otto Lobo for the chairmanship of the Committee on Securities (CVM). As indicated by President Luiz Inácio Lula da Silva in January, he received 19 votes in favour and four against, in secret ballot at the college. The senators of CAE concentrated the Saturday of Otto Lobo on questions about his performance in cases linked to the Master Bank, his view…

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Revista Oeste broke the news on Wednesday, May 20, 2026.
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