OREANDA-NEWS. Petrobras CEO, Graca Foster, was voted the best CEO in Latin America in Institutional Investor magazine's 2013 oil, gas, and petrochemical industry ranking. Graca was chosen by both the sell-side (brokerage) and the buy-side (investors) analysts. The sell-side analysts also picked us as the company with the best investor relations in the 'Best Investor Relations Company' list.

To determine who would appear in the 2013 ranking, the magazine heard buy-side analysts, portfolio managers and sell-side analysts covering Latin America. Participants chose up to four CEOs (chief executive officers), CFOs (chief financial officers), Investor Relations professionals (IR), and companies from different sectors. The votes were pooled to produce two classifications: buy-side and sell-side.

Brazil was the country with the largest number of companies cited in the survey: 65. Mexico was second, with 17. The results reflect the opinions of 395 managers and investment professionals from 250 institutions and 417 sell-side analysts from 37 brokerage firms.

Institutional Investor is a leading American publisher of publications focused on the international financial market. In addition to the magazine, it produces newsletters, newspapers, books, surveys, rankings and provides information services.