December 23, 2019 / 3:54 PM / a month ago

Brazil's Board of Light nominates David Zylbersztajn as chairman

SAO PAULO, Dec 23 (Reuters) - Brazilian utilities firm Light SA said on Monday its board has chosen David Zylbersztajn, a former director at local oil regulator ANP, to serve as chairman until 2021, according to a securities filing.

Light's board has also nominated Carlos Marcio Ferreira as vice-chairman by 2021, it added. The company is responsible for power distribution in the metropolitan region of Rio de Janeiro and also has energy generation assets.

In July, state-run utilities firm Cemig reduced its stake in Light to 22.6% from 50% after a secondary share offering.

Reporting by Luciano Costa; Writing by Gabriela Mello; Editing by Edmund Blair

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