Management Board

He is a founding member and CEO of Canvas Capital and a member of the Votorantim S.A. Board of Directors. He was the Chairman of Credit Suisse Hedging-Griffo, headquartered in São Paulo (2012-2014), and CEO of Credit Suisse Americas and member of the Executive Board of Credit Suisse Group (2010-2012) and CEO of Credit Suisse Brasil (2003-2010). He joined Credit Suisse in 1997 and was appointed CEO of Credit Suisse Brasil operations in 2003. As CEO of Credit Suisse Brasil, he oversaw the expansion of the bank’s market presence, including the acquisition of Hedging-Griffo in 2007. He holds a degree in Economics from the Pontifical Catholic University of Rio de Janeiro and an MBA from the London Business School (University of London).

He is a founding partner of GHT4-The Family Company, a multi-family office created in 2021 aimed at resource management, new business development, financial advisory, and family governance. Chair of Dimensa’s Board of Directors.

A 33-year career at Itaú Unibanco, where he joined as a trainee in 1997 and left as General Manager of Banco de Atacado and CEO of Itaú BBA in 2021, he worked in several areas at the institution. He became a partner at Itaú BBA, in 2005, and a partner at Itaú Unibanco, in 2010. As General Director of Banco de Atacado, from 2018 to 2021, he was responsible for businesses such as Corporate Banking, Investment Banking, Asset Management, Private Banking, and Treasury & Global Markets. He also led the conglomerate’s entire international operation, which includes retail banking units in Latin America (Argentina, Paraguay, Uruguay, Chile, Colombia, and Peru) and corporate and investment banking in the Americas, Europe, and Asia. He held the position of CEO & President of Itaú BBA from 2018 to 2021 and Executive Vice President from 2010 to 2018, period in which he served in leadership positions that included the positions of CFO and CRO of the Itaú Unibanco Conglomerate. In 1998, he served as an associate at Bankers Trust Co. in New York in Global Risk Management, with great interaction with the international financial and capital markets. He was the Director of Itaú BBA and Porto Seguro, from 2013 to 2015. At Rede, the acquirer of Itaú Unibanco, he served as Vice-Chairman of the Board of Directors from 2010 to 2012.

Additionally, he was Chairman of the Advisory Board of Fundo Garantidor de Crédito (FGC), a deposit insurance institution in the Brazilian financial system, from 2013 to 2015, and a Board Member of Itaú CorpBanca in Chile from 2019 to 2020.

Graduated in Mechanical Engineering from Mackenzie University with a postgraduate degree in Economics and Finance from the University of São Paulo (USP), a master’s degree in Controllership from USP, and an MBA from the University of New York in the USA, with a specialization in finance and international business. In 2021, he completed the Executive Program at Stanford University with an emphasis on innovation and the digital economy.

She is currently a director of Neogrid and Zenvia Inc., also coordinating the audit committees of these companies and founding partner of Oitis Consultoria Econômica e Financeira SLU for company valuation and corporate governance. She was a member of the board of directors of OEC S.A. (August 2018 to February 2022, having coordinated the audit committee between 2020 and Feb/2023) and a director of the Credit Guarantee Fund – “FGC” (July 2016 to December 2022, having served as chairperson of the FGC’s Board of Directors between 2019 and 2022). She was a Director of the Brazilian Securities and Exchange Commission (CVM) (July 2012 to December 2014). Previously, she was a member of the board of directors of CCR (independent member from May 2002 to June 2012 and non-independent member from August 2015 to April 2019), member of the board of directors of CPFL Energia (April 2007 to June 2012), Metalfrio (May 2009 to June 2012) and member of the board of directors of Datasul (April 2006 to August 2008). She was also a consultant to the audit committee of Companhia Siderúrgica Nacional (August 2006 to July 2011); investment director at Pictet Modal Asset Management S.A. (1998-2003); and equity analyst at Banco de Investimentos Garantia (1995-1997). She worked at the World Bank in Washington, D.C. from 1991 to 1994, and also taught macroeconomics at the Pontifical Catholic University of Rio de Janeiro (2003) and at the Federal University of Pernambuco (1st semester 1991). She holds a PhD in Economics from the University of California, Berkeley (Dec/1990) and a Law Degree from Pontifícia Universidade Católica do Rio de Janeiro (Dec/2007). Since 1998, she has been a member of the CFA® Institute. She has several technical articles published in technical journals. She is a member of the Board of Trustees of the Cancer Foundation and of the audit committee of the institute of Studies for Public health Policy.

Senior executive with over 30 years of experience in the technology market. She has worked in global technology companies, Microsoft and IBM, and led businesses in Brazil and Canada. She has relevant experiences in both B2B and B2C and a strong history of building businesses of sustained growth or large turn arounds. She became an angel investor, VC co-investor, at Bossa Nova, and mentor to entrepreneurs, executives and startups. She is an Advisory Board Member at EqualWeb, and an Independent Board of Directors’ Member at Senior. She develops work related to Inclusion and Diversity, such as the creation of an investment fund within VC Bossa Nova to support female founders or co-founders of startups and solutions focused on the female market. He is the Treasurer at the Jewish Federation of São Paulo – FISESP, Fiscal Advisor at the Jewish Museum of São Paulo – AAMJSP, Member of the Finance Committee at the Albert Einstein Hospital – SBIBHAE, and Member of the Deliberative Council of the ATID Association – Microcredit. Bachelor’s in computer science, Master in Science by ITA, Executive MBA by FGV, PostGraduation in Digital Business by Columbia/MIT and Counselor Training by Saint Paul. Specializations in executive programs at Wharton, MIT and Singularity.

She is a member of the Board of Directors at Inter & Co, Inc. She was a member of the Executive Committee of Baker McKenzie Global Law Firm (2013-17), President of the Global Financial Committee of Baker McKenzie Global Law Firm (2013-17), President of Latin America of Baker McKenzie Global Law Firm (2013-17), a Member of the Consulting Committee of TrustWomen (Thompson Reuters Foundation, 2014-17). She was the Managing Partner of Trench Rossi Watanabe (in cooperation with Baker McKenzie, 2010-13). She also worked as Latin America Coordinator of the M&A and Private Equity practice groups (2004-11), and as a specialized attorney in Mergers & Acquisitions (M&A) in Brazil and in the United States (1986-2011). She also was a member of the Fiscal Council of Instituto de Responsabilidade Social Sírio-Libanês. She holds a degree in Law from Universidade de São Paulo, a Master’s degree in Comparative Law (Southern Methodist University – Dallas), Executive Management Program (Kellog School of Management – Northwestern University – Chicago), Executive Leadership Program (The Center for Creative Leadership – Colorado Springs), International Directors Program (INSEAD – The Business School of the World). She is a member of the Governance Council of B3 Social, a third sector entity.

She is the CEO of Iguatemi S.A. since January 2022, a member of the Board of Directors of B3 S.A., the Finance Committee of Votorantim Cimentos, and the Fiscal Council of Rumo S.A. The executive, who worked as co-CEO of Iguatemi S.A. since October 2021, is in the Company since 2008, of which 13 years she was CFO responsible for the areas of Strategic Planning, Innovation, e-commerce, M&A, Accounting, and Fiscal Controllership. Cristina was also responsible for the idealization, implementation, and management of Iguatemi365, the brand e-commerce launched in October 2019. She holds a degree in Business Administration from Fundação Getúlio Vargas (FGV) in 1991, CEAG in 1994, and an MBA from INSEAD, in France. Previously, she worked in companies such as PriceWaterhouse, Banco Credit Suisse, First Boston Garantia, Bain & Company, and TAM Linhas Aéreas S/A. At TAM, she was the Strategic Planning and Controllership Director, and also was responsible for the Investor Relations area.

He is an Independent and Unbounded member and current Vice-Chairman of the Board of Directors of B3 and founding partner and CIO of Constellation. Prior to founding Constellation, Florian was a partner at Banco Pactual where he was head of research, proprietary trader, Asset Management responsible and manager of all equity funds and portfolios. Florian earned a B.S. in Business at Pontificia Universidade Católica – PUC Rio (1990). He graduated from Harvard’s YPO President’s Program (2010 – 2021), Advanced Value Investing at Columbia Business School (2021), CEO Harvard Business School Program (2021/23), Bruce Grenwald’s Value Investing Course (2013) at Columbia Business School, Disruptive Innovation (2020) at Harvard Business School, Singularity University Executive Program (2015), Sustainable Business Strategy at Harvard Business School and the Behavioral Finance program at Harvard Kennedy School (2016). Florian was a professor of a Value Investing course at INSPER University in São Paulo and presided the Paulista Chapter of YPO – Young Presidents Organization. In the third sector, Florian is the Vice-President of Instituto PROA, one of the biggest Non-Profit Organizations connected to professional education in Brazil, participates on the Board of Lemann Foundation, as well as the Board of Revista Nova Escola.

He is an Independent and Unbounded Member of the Board of Directors of B3 S.A. – Brasil, Bolsa, Balcão, a member of the Board of Directors and the Finance Committee of Arezzo, a member of the Board of Directors and the Audit Committee of M. Dias Branco, a member of the Board of Directors and the Audit Committee of Mitre Realty Empreendimentos e Participacões S.A., a member of the Board of Directors and the Personnel and Compensation Committee of 3R Petroleum, all listed on B3. From 2007 to 2020, he was a partner and chairman of Teorema Capital. He was CEO of Bahema S.A. during the period in which the company was a significant shareholder of Unibanco (1986 to 2008) – and obtained a return of around 50% per year, in dollars, on the investment. He was also a Petrobras Board Member from 2015 to 2018, taking part in the company’s restructuring program. He has a degree in Production Engineering from the Polytechnic School of USP and a postgraduate degree in Economics from Macalester College in St Paul/Minn. He works in the third sector as director of the Instituto de Cidadania Empresarial.

Rodrigo Guedes Xavier is a partner at HPX Capital Partners, the investment manager responsible for the listing of one of the first SPACs focused on Brazil and which had its merger process with Ambipar Response recently completed. He is also a partner at Synapse Ventures, a global Venture Capital platform that invests in innovative funds and companies. In addition, he is a member of the Board of Directors of Globo Comunicação e Participações S.A. He was CEO of Bank of America Merrill Lynch in Brazil, CEO of Banco UBS Pactual, as well as a co-founding partner of the manager Vinci Partners and a partner and member of the executive committee of Banco Pactual. In 2018-2019, he was a fellow at Stanford University’s Distinguished Career Institute (DCI), focusing on the areas of innovation, technology, and entrepreneurship. Also at Stanford, Rodrigo founded and directed Brazil Silicon Valley, a pioneering forum focused on the role of technology and innovation in Latin American development. He holds a degree in Economics from the University of Brasília (UnB), a post-graduate degree in International Economics from Fukushima University in Japan, and an MBA from Thunderbird School of Global Management (Arizona State University). He is a member of some Advisory Boards of non-profit institutions, among them Recode, dedicated to the digital training of vulnerable youth.

He is an Independent and Bounded member of the Board of Directors of B3. Currently, Mauricio Minas is a member of the Board of Directors of Banco Bradesco S.A., a member of the Board of Directors of Bradespar S.A., a member of the Board of Directors of Next Tecnologia e Serviços Digitais S.A., alternate member of the Board of Directors of Odontoprev S.A. and alternate member of the Board of Directors of Grupo Fleury S.A. At Banco Bradesco S.A., he was the Executive Vice-President Director (Jan/2014-19). He also was a member of the Board of Directors at BBD Participações S.A., Cidade de Deus – Companhia Comercial de Participações (Holding), Bradesco Leasing S.A. – Arrendamento Mercantil, BSP Empreendimentos Imobiliários S.A., NCR Brasil – Indústria de Equipamentos para Automação S.A., e NCF Participações S.A., where he also worked as Vice-President Director (Jun/2016 to Jan/2019). He was the Chairman of the Board of Directors of Aquarius Participações S.A., and Vice-President of the Board of Directors of BBC Processadora S.A., and Chain Serviços e Contact Center S.A. He also was the President Director of Scopus Tecnologia Ltda. Until January 2019, he held positions in several companies, having being
appointed Managing Officer of Banco Bradesco BERJ S.A., and of Bradesco Administradora de Consórcios Ltda., and General Manager of Scopus Soluções em TI S.A. (Apr/2018). Previously, he was appointed Managing Officer in the following companies – Banco Bradescard S.A., Banco Bradesco Cartões S.A., Banco Bradesco Financiamentos S.A., Banco Losango S.A. – Banco Múltiplo, BEM – Distribuidora de Títulos e Valores Mobiliários Ltda., Bradescard Elo Participações S.A., Kirton Bank S.A. – Banco Múltiplo, e Tempo Serviços Ltda. (Apr/2017). He was also a Director of Banco Alvorada S.A., and Vice-President Director of Banco Bradesco BBI S.A. (2014-19). Mauricio was the Director of União Participações Ltda. (2014-18), Director of Banco CBSS S.A. (2014-16), in addition to having held the position of Managing Director of
Bradesco Seguros S.A. (2015-16). He holds a degree from Polytechnic School of the University of São Paulo. Executive Education Program in Finance, Wharton School, University of Pennsylvania; General Management Program, Columbia University, New York e Corporate Board Director Program, Harvard Business School, Boston. Strategic Partner do World Economic Forum (WEF). He participates in the third sector as a Member of Mesa Regedora, Managing Director of Fundação Bradesco, and Director of Nova Cidade de Deus Participações S.A.

Currently, he is the Executive Director and a member of the Executive Committee of Itaú-Unibanco S.A., responsible for the areas of Global Markets & Treasury, and LatAm (Argentina, Paraguay, Uruguay, and Colombia). With more than 30 years of experience in the financial market, he led the group of Markets & Securities services at Citi Brazil, a segment of business that includes all activities related to Sales & Trading of Global Markets products (Rates, Currencies, Commodities, Equities, Credit, and Custody Services). He was a member of the bank’s Executive Committee (2008-21), participating in and leading the managing committees of the institution. He worked in the following associations: representative of Citibank in the Executive Board of Febraban (2013-21), he was the president of the Treasury Committee of Febraban (2010-13), Vice-President of Anbima (2010-21), and Director of Anbima (2005-07). He participated as a mentor in several talent developments and diversity programs (Juniors and Seniors). He was a member of the Diversity Committee of Citi LatAm, Co-Head of Citi Women Brazil, and leader of the Generation Diversity Group. He graduated in Business Administration from PUC São Paulo.

He is an effective member of the Fiscal Council of B3 S.A – Brasil, Bolsa, Balcão (“B3”). He is a director of the Israeli Federation, member of the Board of Directors and of the Audit Committee of Via S.A. (“Via”), effective member of the Fiscal Councils of Pet Center Comércio e Participações S.A (“Petz”), Companhia Siderúrgica Nacional (“CSN”), MPM Corpóreos S.A (“Espaço Laser”) and Family Office Manager (multi-family office) with a wide professional relationship network. He has more than twenty years of experience in financial administration and controlling, acting as a director in Private Banking and Family Office. Ten years as CFO of Tecnisa S.A., where he was responsible for treasury, controllership, financial planning and the IPO. Served as member of the Board of Directors and the Independent Related-Party Committee of SMILES. He has a degree in Business Administration from FGV/SP, a law degree from Faculdade de Direito São Francisco, and is certified by IBGC.

Not a politically exposed person. No judgment of guilty, whether or not final and unappealable, has been entered against him in any disciplinary or court proceedings in the last five years.

Currently is Fiscal Council Sitting Member at B3 S.A – Brasil, Bolsa, Balcão (“B3”). Related Parties Committee Independent Member at Neoenergia S/A, Member of Consulting Board of Techmail Institute and Fiscal Council Member of Associação Endowment SempreFea and a sitting member of the Fiscal Council of CBDN – Confederação Brasileira de Desportos na Neve. Former CFO and Investor Relation at Duke Energy International, served in several positions in national and multinational companies as Safra Group (including BCP and BSE), Bunge Group and Unibanco. Former Chairman of the Board of Duke Energy International Geração Paranapanema S/A, member of BCP’s and BSE’s Administration Board, member of Telemig Celular S/A Fiscal Council, Audit Committee member of CESP S/A, Independent Board Member and Audit Committee Coordinator at PRODESP S/A and Fiscal Council Independent member at Anauger. Currently Member of Consulting Board of Techmail Institute, Related Parties Committee member ate Neonergia S/A and Fiscal Council Member at B3 S/A. She holds a degree in Accounting in University of São Paulo (“USP”), completed Master’s credit and specialization in Financial Mathematics, both in USP, MBA from PDG/EXEC and Pos MBA in Corporate Governance from BI International with Columbia University. Board Member and Fiscal Council IBGC Certification.

Not a politically exposed person. No judgment of guilty, whether or not final and unappealable, has been entered against her in any disciplinary or court proceedings in the last five years.

He was an employee of Banco do Brasil S.A. from May 1987 to January 2020, where he held senior management positions in the Finance Department of the institution. He held the position of Investment Officer at Previ – Caixa de Previdência dos Funcionários do Banco do Brasil until January/2020. He served as a member of the Board of Directors of Neoenergia S.A, since April/2016, where he also served as a member of the Audit Committee, since April/2017, ending his terms in August/2021. He was a member of the Board of Directors of Cosern – Cia Energética do Rio Grande do Norte, of Celpe – Cia Energética de Pernambuco, of Coelba – Cia de Eletricidade da Bahia and member of the Fiscal Council of Kepler Weber. He has a degree in Business Administration from Universidade Federal Fluminense – UFF, a specialization in Financial Administration from FGV/RJ, and an MBA in Finance from Instituto Brasileiro de Mercado de Capitais – IBMEC.

Not a politically exposed person. No judgment of guilty, whether or not final and unappealable, has been entered against her in any disciplinary or court proceedings in the last five years.

She is an alternate member of the Fiscal Council of Embraer S.A., member of the advisory board at MCM Brand Experience and member of the board of the A4S Circle of Practice – The Prince’s Accounting for Sustainability Project. She has 31 years of experience with a solid career in Corporate Finance in national and multinational companies in all sectors of the economy. With expertise in strategic planning management, mergers and acquisitions, debt restructuring and renegotiation, Budget/Forecast, Controllership, Internal Controls, Tax Planning, Cost Controls, IT and Human Resources. She has experience in corporate governance, controlling operating expenses and working capital in financial crisis scenarios. She has a degree in Accounting and Business Administration from PUC – Minas, an International MBA in Controllership and Financial Management from FGV with an international module at Ohio University, a Post MBA from Saint Paul – ABPW Advanced Boardroom Professional for Women, a Post MBA from FIA – Corporate Governance and Compliance.

Not a politically exposed person. There are no disciplinary and legal proceedings, in the past five years, in which she has been convicted by any decision, whether final or not.

She is an alternate member of the Fiscal Council of B3 S.A – Brasil, Bolsa, Balcão (“B3”). She also is a member of the Board of Directors and of the Audit and Risk Committee of Hapvida Participações e Investimentos S.A (“Hapvida”). She served as Fiscal Director (2011 – 2013) and Board Member (2013 – 2018) at Fibria Celulose S.A., Board Member at Paranapanema S.A (2014 – 2016) and Fiscal Director at Invepar S.A (2016 – 2018). She holds a bachelor’s degree in Business Administration from FGV-EAESP and a postgraduate degree in Business Administration and Accounting from FGV, a master’s degree in Business Administration from USP and a master’s degree in Controllership and Accounting from FEA/USP. She is a board member certified by ICSS-A, with participation in the Risk Management and Controls commission of IBGC and participation in the Board Members of EY, as well as ACI-KPMG.

Not a politically exposed person. There are no disciplinary and legal proceedings, in the past five years, in which she has been convicted by any decision, whether final or not.

He is an effective member and coordinator of the audit committee of BBTS Tecnologia e Serviços. He has held director and senior management positions since 1977, 35 years of which were at Banco do Brasil. He was Executive Administrative and Control Director of Economus Instituto de Seguridade Social. Participated in ABRAPP’s National Technical Commission on Governance. He was alternate member of the Fiscal Council at Tupy S.A, Cassi and CPFL, and member of the Customer Advisory board at Grupo Sabin Medicina Diagnóstica. He also served as a member of the Advisory Board at PREVI – Plano de Benefícios I. He has a degree in Economics from Faculdade de Ciências Ecnômicas Dom Bosco and Business Administration from Gay Lussac Institute, a postgraduate degree in Services Quality Management from FGV, an MBA in Auditing from USP/FIPECAFI and a course in Corporate Governance from USP, as well as being an IBGC Certified Fiscal Advisor.

Not a politically exposed person. There are no disciplinary and legal proceedings, in the past five years, in which she has been convicted by any decision, whether final or not.