Investor Relations

Management Board

Board of Directors

Defines B3’s strategy and annual budget. As well as deciding when to call Shareholders’ Meetings and proposing how to distribute earnings, it is responsible for electing and overseeing the executive officers and choosing the independent auditors. The board meets monthly, and its members are elected at a Shareholders’ Meeting. Their terms of office is two years, with reelection permitted. They cannot be elected or appointed to the Company’s Executive Board.

Name Position
Antonio Carlos Quintella Chairman (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Founding partner of Canvas Capital. He was Chairman of Credit Suisse Hedging-Griffo, headquartered in São Paulo (2012-14), CEO of Credit Suisse Americas and member of the Executive Board of the Credit Suisse Group (2010-12), and CEO of Credit Suisse Brazil (2003-10). Joined Credit Suisse in 1997 and was appointed CEO of Credit Suisse Brazil operations in 2003. As CEO of Credit Suisse Brazil, he supervised the expansion of the bank’s presence in the market, including the takeover of Hedging-Griffo, in 2007. He is the Chairman of the Board of Directors of B3 S.A. – Brasil, Bolsa, Balcão (formerly, BM&FBovespa). 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).

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.

Ana Carla Abrão Costa  Vice-Chairman (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

She is head of Oliver Wyman’s office in Brazil, partner for the practices of Finance & Risk and Public Policies, as well as member of the Global Executive Committee of said Companhia. Ana has many years of professional experience in the financial industry, with recognized expertise in financial services and regulations, and in the public sector. She has an extensive academic production in the areas of credit markets, bank races, regulations and banking credit, real estate credit market, and banking spreads, being a recognized contributor to public debates. She holds a master’s degree in Economics from the University of São Paulo, a master’s degree from EPGE/FGV, and a bachelor’s degree in Economics from the University of Brasília. She was a consultant of the Credit Guarantee Fund (FGC) in Brazil, and a public server in the Central Bank of Brazil, having worked in the Banking Economy Research Department. She acted as Chief Economist at Tendências Consultoria Integrada, and was Risk Control Officer at Banco Itaú Unibanco, and Finance Secretary of the State of Goiás, before joining Oliver Wyman as a partner in May 2017. She is a columnist in the Economy section of “Estadão” newspaper, Vice President of the Board of Directors of B3 S.A. – Brasil, Bolsa, Balcão and acts as volunteer Counselor at Civic-Co, RenovaBR, SempreFEA and Graded School of São Paulo.

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.

Alberto Monteiro de Queiroz Netto Member (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

He graduated in Business Administration from the School of Political and Economic Sciences of Rio de Janeiro. He is a post-graduate in Financial Institutions from the School of Economics and Business Administration of the University of São Paulo, and holds an MBA in Corporate Finance from the Getúlio Vargas Foundation of Rio de Janeiro. He was CEO of BB DTVM from 2006 to 2009, and Vice-President of ANBID (currently, Anbima) from Feb/2007 to Aug/2009. He was Chief Financial and Investor Relations Officer of CSN – Companhia Siderúrgica Nacional from 2009 to 2011. From 2011 to 2014, he was Chief Financial and Investor Relations Officer of Suzano Papel e Celulose S.A. From 2014 to 2016, he was Executive Financial Vice-President of Graninvestimentos S.A. In 2017, he was Executive Vice-President of Banco do Brasil S.A., being responsible for the Financial, Investor Relations, and Mergers & Acquisitions (M&A) areas. Currently, Mr. Monteiro is the Executive Vice-President of the Wealth Management segment of Banco Santander Brasil.

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.

Claudia Farkouh Prado Member (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Member of the Fiscal Council of Sírio-Libanês Social Responsibility Institute and of the Board of Directors of B3 S.A. – Brasil, Bolsa, Balcão. She was a member of the Board of Directors of Baker McKenzie Global Law Firm (2013-2017), Chair of the Global Financial Committee of Baker McKenzie Global Law Firm (2013-2017), Chair of Baker McKenzie Global Law Firm (2013-2017) for Latin America, and Member of the Advisory Board of TrustWomen (Thompson Reuters Foundation, 2014-2017). She was a Managing Partner of Trench Rossi Watanabe (cooperation with Baker Mckenzie, 2010-2013). She was also Coordinator in Latin America of M&A and Private Equity practice groups (2004-2011), and Lawyer specializing in Mergers and Acquisitions in Brazil and in the United States (1986-2011).

She graduated in Law from the University of São Paulo. She holds 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).

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.

Cristina Anne Betts Member (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Financial Vice-President at Iguatemi Empresa de Shopping Centers S.A. since April 2008, as well as Investor Relations Officer. She is responsible for the Strategic Planning, Innovation, IR, Accounting, Controllership and CSC, Treasury and Technology areas. Recently, she has headed the implementation of e-commerce in Iguatemi, launched in 2019.

She graduated in Business Administration from the Getúlio Vargas Foundation (FGV) in 1991, CEAG in 1994, and holds an MBA from INSEAD, France. She participates in the Board of Directors of Fleury and of Umane Association, and in the Fiscal Council of Rumo.

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 Strategic Planning and Controllership Officer, being also responsible for the Investor Relations area.

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.

Eduardo Mazzilli de Vassimon Member (Independent)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Chairman of the Board of Directors of Votorantim S.A. (since 2019) and member of the Board of Directors of Totvs (since 2019) and of B3 S.A. – Brasil, Bolsa, Balcão. He was Managing Officer of Itaú Unibanco Holding S.A. and Chief Executive Officer of Itaú BBA (2017-2018), and Vice-President of Itaú Unibanco S.A. (2013-2016), acting as CRO (2013-2014) and CRO/CFO (2015/2016). He was also Vice-President (2015-2016) and Executive Officer (2013-2015) of Itaú Unibanco Holding S.A. He was Vice-President of Banco Itaú BBA S.A. (2003-2008), Officer of the International Area of Banco BBA-Creditanstalt S.A. (1992-2003), Deputy Foreign Exchange Officer at Banco BBA-Creditanstalt S.A. (1990-1991), and General Foreign Exchange Manager of Itaú Unibanco S.A. (1980-1990). He graduated in Economics from the University of São Paulo, and in Business Administration from the Getúlio Vargas Foundation (FGV). He holds a post-graduate degree from FGV and from the “École des Hautes Études Commerciales.”. He is also a member of the Deliberative Council of ACTC – “Casa do Coração,” and Director of Santos Futebol Clube.

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.

Florian Bartunek Member (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Founding partner and CIO (Chief Investment Officer) of Constellation Asset Management. He started his activities in Constellation in 1998 through Utor Investimentos, a proprietary vehicle that was developed to manage the resources of the former controlling shareholders of Banco Garantia. Before founding Constellation, he was a partner in Banco Pactual, where he was head of research, proprietary trader, head of Asset Management and manager of the bank’s funds and equity portfolios. During his years in Pactual (1990-1998), he was manager of the Andrômeda fund (#1 in Brazil’s securities ranking for 3 consecutive years), of the Infinity fund (#1 in the ranking of Brazilian offshore securities for 2 consecutive years), and of a segregated portfolio for George Soros. Florian started his career in Banco Nacional in 1989. He graduated in Business Administration from the Pontifical Catholic University – PUC Rio (1990). Florian participated in the Harvard Business School-YPO program from 2010 to 2017, having completed Bruce Greenwald’s Value Investing program at Columbia University (2013), the Executive Program at Singularity University (2015), and the Behavioral Finance Program at the Harvard Kennedy School (2016). He was a professor in the Value Investing course at IBMEC-SP (currently, “Insper”), and Chairman of the São Paulo Chapter of YPO (Young Presidents Organization). He is Vice-President of Instituto ProA, a major NGO linked to professional education in Brazil, and participates in the Boards of the Lemann Foundation, the São Paulo Art Museum – “MASP,” the “Estudar” Foundation, the Somos Educação, and the “Nova Escola” magazine. Currently, he is a member of the Board of Directors of B3 S.A. – Brasil, Bolsa, Balcão and Eleva Educação S.A.

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.

Guilherme Affonso Ferreira Member (Independent and Unbound Director)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

He graduated in Production Engineering from the Polytechnic School of the University of São Paulo (USP), having attended the Economics and Politics programs of the Macalester College in St, Paul/Minn. He is managing partner of Teorema Capital, where he works since its foundation in 2003. He is a member of the Board of Directors of the following companies: Arezzo (April/2011 – to date), B3 (April/2017 – to date), Bahema (October/2017 – to date), M. Dias Branco (April/2019 – to date), Valid (2010-2017, April/2019 – to date) and Mitre S.A (February/2020 – to date), all listed in B3. His professional background includes the participation in the Board of “Instituto de Cidadania Empresarial” and of the “Força Tarefa de Investimento de Impacto Social” charitable entities. In the past years, he was a member of the Board of Directors of Petrobras (2015 – 2018), Unibanco (2007 – 2008), B2W / Submarino (2006 – 2009), Gafisa (2011 – 2018), SulAmérica (2010 – 2019), and Banco Indusval (2011 – 2014), among others.

The CVM Board condemned Mr. Guilherme to pay a fine of R$80,000.00 as Investor Relations Officer of Bahema S.A., for his failure to indicate transactions with related parties involving Bahema S.A. and Teorema in the financial statements for the years ended 12/31/2011 to 12/31/2015, and in the Reference Form of Bahema S.A. CVM’s decision is subject to appeal before the Appeals Council of the National Financial System.

José de Menezes Berenguer Neto Member (Independent)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Bachelor of Law, graduated in 1989 from the Pontifical Catholic University of São Paulo. He was Chairman of JP Morgan in Brazil from 2013 to July 2020. Currently, he is the CEO of Banco XP in Brazil. He is Chairman of A.B.B.I. – Brazilian Association of International Banks, and Member of the Board of Directors and the Executive Board of Febraban – Brazilian Banks Federation, Member of the “Central de Exposição de Derivativos,” New Ventures Brasil, and Akatu Institute, as well as a member of the Board of Directors of B3 S.A. – Brasil. Bolsa, Balcão. He was CEO of Gávea Crédito Estruturado. From 2007 to 2012, he worked at Banco Santander S.A. as CEO of the Retail, Private Banking, Asset Management and Global Markets and Products areas, and was a sitting member of the Executive Commission and, until September 2012, he was a sitting member of the Board of Directors of Banco Santander in Brazil. Prior to his positions in Santander, between 2002 and 2007, he was the Executive Vice-President of the Corporate area at Banco ABN / Real, with direct responsibility for the Global Markets, Private Banking, Products, Finance areas and ALCO. From 1999 to 2002, he was Executive Officer of Banco BBA S.A., being responsible for Balance Sheet Proprietary Trading management. Together with the GP Group, he was Founding Partner of Utor Investimentos-NY/São Paulo. Between 1997 and 1998, he was Co-Head of Emerging Markets and High Yield Fixed Income at ING Bank – New York, member of the Corporate and Investment Executive Committee, and member of the Regional Management Committee of the Americas. Between 1994 and 1997, he was the Officer responsible for the following segments: Head of Fixed Income, Equities Trading, Sales and Research at ING Barings Brazil. He was a member of the Boards of Directors of Gávea Investimentos S.A., FEBRABAN, ANBIMA, “Fundação Brasileira de Proteção da Juventude e Infância”, and the Emerging Markets Traders Association.

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.

Maurício de Machado Minas Member (Independent)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Currently, Mauricio Minas is member of the Board of Directors of Banco Bradesco S.A., where he served as Executive Vice-President from January 2014 to January 2019. He is also member of the Advisory Board of IBM Corporation, of the Board of Directors of Bradespar S.A., Next Tecnologia e Serviços Digitais S.A. and B3 S.A. – Brasil, Bolsa, Balcão.

He was a member of the Board of Directors of 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. and NCF Participações S.A., where he was also Vice-President from June 2016 to January 2019.

Mauricio was 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., as well as CEO of Scopus Tecnologia Ltda.

Until January 2019, he held positions in several companies, having been appointed Managing Officer of Banco Bradesco BERJ S.A. and of Bradesco Administradora de Consórcios Ltda. in April 2018, and General Officer of Banco Bradesco BERJ S.A. and of Bradesco Administradora de Consórcios Ltda. on the same date. Previously, in April 2017, 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, and Tempo Serviços Ltda. Since 2014, he has also been an Officer at Banco Alvorada S.A. and Vice-President of Banco Bradesco BBI S.A., where he stayed until the beginning of 2019.

Mauricio was an Officer at União Participações Ltda. from 2014 and 2018, Officer at Banco CBSS S.A. from 2014 to 2016, and Managing Officer at Bradesco Seguros S.A. from 2015 to 2016.

He graduated from the 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; and Corporate Board Director Program, Harvard Business School, Boston; Strategic Partner of the World Economic Forum (WEF).

He is also a member of the Governing Board and Managing Director of Fundação Bradesco, and an Officer of Nova Cidade de Deus Participações S.A.

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.

Pedro Paulo Giubbina Lorenzini Member (Independent)
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

Currently, he is an Executive Officer of Banco Itaú S.A. and a member of the Executive Committee of Itau-Unibanco, being responsible for the areas of Global Markets & Treasury, and Latam (Argentina, Paraguay, Uruguay and Corpbanca).

He started his career at Citibank Brazil as management associate, in the trainees program. Throughout his career of 32 years in Citigroup, he gained experience in several areas, including back-office, Middle-office, Financial Control, Product Management, Sales & Structuring, Balance Sheet Management, Trading, and Custody & Securities Services.

In the last 13 years, he led the group of Markets & Securities services of Citi Brazil, a business unit that includes all activities relating to Sales & Trading of Global Markets products (Rates, Currencies, Commodities, Equities, Credit and Custody Services).

Member of the Executive Committee of the bank since 2008, participating in and managing the bank’s management committees.

He participated as mentor in several talent development and diversity programs (Junior and Senior). He was a member of the diversity committee of Citi Latam, Co-Head of Citi Women Brazil, and, more recently, leader of the Generations Group.

He is a representative of Citibank at Febraban’s Executive Board since 2013, and Vice-President of Anbima since 2010. He was chairman of the Treasury committee of Febraban (2010 to 2013) and of Anbima (2010 to 2012). Director of ANDIMA (2005 to 2007). He graduated in Business Administration from PUC São Paulo.

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.

Fiscal Council
Name Position
André Coji Sitting Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

He holds a degree in Business Administration from FGV-SP and in Law from Faculdade de Direito São Francisco, with certification by IBGC. Multi-family office manager with extensive relationship network professional. More than twenty years of experience in financial administration and controllership, acting as director in Private Banking and Family Property Management (Family Office). Ten years in the position of CFO of Tecnisa S.A., where he held the  functions of treasury, controllership, financial planning and conduct of the IPO. Since January 2019, he holds the position of Officer of the Israeli Federation. He is a member of CSN’s Fiscal Council since 2018, also a member of SMILES’ Board of Directors and Independent Related Parties Committee, he has served as a member of Via Varejo’s Board of Directors until April 2020, when he was subsequently elected to occupy the position of Fiscal Council Effective Member of Via Varejo, as well as acts currently as B3’s Fiscal Council Alternate Member.

Angela Aparecida Seixas Sitting Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

She has a strong background in the Management-Financial, Governance and Investors Relations areas, in Brazilian or abroad companies, especially in structure and proceedings restructures, as well as in audit management. She was the Controller and Management-Financial Manager in companies of the agrobusiness, food, painting, financial institutions, communication and energy sectors. She has a lot of experience in Accounting, Planning, Budget, IT, Treasury, Tax, Internal Controls and Legal. She was responsible for the review of proceedings of the financial and other areas of Duke Energy, incorporating several areas and resulting in the increase of 2 notches on its rating. She has also acted on the investment management of shareholders in the communication area in Brazil and after in Israel, companies with a net income of roughly US$1.5 billion each. Participated in a work force group of 16 officers of the company that, together with Mackinsey, drafted a Restructure Business Plan for Bunge in Brazil. As audit manager of business adminsitration, led a group of senior auditors responsible for the evaluation of the acts and proceedings of the manufacturing, management and commercial areas in several business – food, textile, painting and fertilizers. She has knowledge on SOX and FCPA. She was a member of the Board of Directors of BCP and BSE and the Fiscal Council of Telemig Celular S/A. She is a former chairman of the Board of Directors of Duke Energy International Geração Paranapanema. Member of the Consulting Board of the Instituto Techmail, Independent Member of the Board of Directors and Manager of the Audit Committee of PRODESP and Independent Member of the Statutory Audit Committee of IPT.

Maurício Ferreira de Souza  Sitting Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

He was Accounting Officer at Unibanco – União de Bancos Brasileiros S/A (2001 to 2008), Director at Unibanco Participações Societária S/A (2006-2008), Corporate Control Officer at Banco Itaú Unibanco S/A (2008 a 2011), Director at Instituto UBB Prev (2009-2011), and Financial Vice-President at Officer Dist. Tecnologia S/A (2012-2014). He was member of the Fiscal Committee of FEBRABAN, and is a member of IBGC – Brazilian Institute of Corporate Governance. He is a consultant and founding partner of “Rede Festão e Tecnologia,” a consortium of consulting, services, and technology companies. Author of scientific articles about the capital market published in high impact magazines (2018-2019 Qualis A2). He is a Bachelor of Accounting Sciences and holds a post-graduate degree from the Getúlio Vargas Foundation of Rio de Janeiro, and a master’s degree from the Pontifical Catholic University of São Paulo (2019). He holds and Executive MBA from the Brazilian Capitals Market Institute of Rio de Janeiro – IBMEC (2002). Indication of all management positions in other companies or third-sector organizations: Companies of the “Rede Gestão e Tecnologia” entrepreneurial consortium: Partner in Adiciona Valor Consultoria Empresarial Ltda.; Partner in Enceta Centro de Prestação de Serviços Ltda; and Partner in Conecta Soluções e Tecnologias Ltda.
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.

Gilberto Lourenço da Aparecida  Alternate Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

He is a sitting member of the Audit Committee of Banco Votorantim and of Seguradora Líder-DPVAT. He was also a sitting member of the Audit Committee of Brasilcap. Executive Officer of the following areas: financial (Receiving, Payments, Investments and Treasury), management (Supply, Internal Services, Land Administration) and Marketing (Marketing, Clients and Sustainability) on from February 2014 to January 2017. He was also the Commercial Officer of Brasilcap (March 2012 – February 2014) and the Investors Relations Officer of Banco do Brasil, acting on behalf of the company with investors, analysts, portfolio managers, rating agencies, regulators (July 2010 – March 2012). He has also experience as a Sitting Member of the Fiscal Council of WEG S.A. (May 2013 – April 2016) and as an Alternate of the Fiscal Council of Coelba (April 2002 – April 2013). He graduated in Accounting, with an MBA in Accounting and post-graduate in Audit and Management.

Maria Elena Cardoso Figueira Alternate Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

She graduated in Economics from PUC-RJ, having completed the Senior Executive Management Program of the University of Navarra – Spain, the MBA program in Luxury Management of FAAP, and the Course for Members of Board of Directors of IBGC. She is a member of the Financial Institutions Governance Committee of IBGC, a member of the Womens Corporate Directors – WCD – Brazil chapter and, since 2017, a member of the Strategic Governance Committee of Amcham Brazil. Currently, she is a member of the Audit Committee of Banco Santander Brasil S.A., of the Audit Committee of Lojas Americanas S.A., and of the Fiscal Council of Camil Alimentos S.A.
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.

Maria Paula Soares Aranha Alternate Member
Election date: 04.2021 / Term of office: until 2023 Annual Meeting

She graduated in Business Administration from FGV-EAESP, and holds a post-graduate degree in Business Management and in Accounting Science from FGV, a master’s degree in Business Administration from USP, and a master’s degree in Controllership and Accountability from FEA/USP. Currently, she participates in the Audit and Risk Committee of the Hapvida Group, and is a sitting member of the Fiscal Council of BRF. She is an ICSS-A certified director.
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.

Executive Board

Proposes and executes the strategic plan defined by the board of directors. It also sets guidelines for operations and for socio-economic and sustainable activities. The officers always think and act in the interests of B3’s performance. Their term of office is two years, with reelection permitted.

Name Position
Gilson Finkelsztain Chief Executive Officer
Mr. Gilson Finkelsztain is the CEO of B3 since May 2017. From August 2013 to April 2017 he was CEO of Cetip S/A (Brazilian Central Securities Depository) and served as member of the Board of Directors of Cetip from 2011 to 2013, while working at Santander. Gilson has more than 20 years of experience in the financial and capital markets, always in global institutions such as Citigroup, J.P. Morgan, Bank of America Merrill Lynch and Santander, where he held different management positions related to Foreign Exchange, Fixed Income, Equities and Commodities. Gilson holds a Bachelor’s Degree in Civil and Production Engineering from Pontíficia Universidade Católica – PUC Rio de Janeiro (1994) with an extension in Advanced Management at INSEAD (2011).
Viviane Basso Chief Operating Officer – Issuers, Depositary and OTC
Viviane Basso has a degree in Economic Science from São Paulo State University (Unesp), with a specialization from the Wharton School of the University of Pennsylvania. She began her career in 1998 at the now-extinct Clearing Facility and Central Securities Depository for BOVESPA Markets (CBLC). There she worked on major projects such as Restructuring the Brazilian Payments System (SPB), incorporation of the Rio de Janeiro Stock Exchange (BVRJ) clearinghouse, and studies/construction of solutions for the development of the fixed-income securities secondary market. In 2002 she was hired by BM&F, with the mission of constructing the Securities Clearinghouse, a central counterparty for the federal government bonds secondary market.
During the merged BM&F and BOVESPA period she had a leading position in the Post-Trade Integration Project (IPN), and after this in the founding of B3, after the CETIP incorporation. She has held several positions in all of these organizations and since 2008 has been Settlement/Post-Trade Director. In May 2021 she became Chief Operating Officer for Issuers, Depository, OTC and Banco B3.
Mario Palhares Chief Operating Officer – Eletronic Trading and CCP
Daniel Sonder Chief Financial Officer
Mr. Sonder holds a bachelor’s degree in Economics and International Relations from Tufts University, and a master´s degree in International Relations from the Fletcher School of Law and Diplomacy. He served as a Managing Director and was responsible for the Structured Credit Funds area in the Asset Management Division of Credit Suisse, which he joined in 2006. Previously, between 2003 and 2006, he was a member of the senior staff of the São Paulo State Secretary of Treasury. Earlier, between 2002 and 2003, he was assistant to the Director of Structured Products at the Brazilian National Bank for Economic and Social Development (Banco Nacional de Desenvolvimento Econômico e Social), or BNDES, and worked at J.P. Morgan from 1999 to 2001. In May 2013, Mr. Sonder became Chief Financial and Corporate Affairs Officer at B3, where, since February 2015, he is the Financial, Corporate and Investor Relations Vice-President.
José Ribeiro de Andrade Chief Product and Client Officer
Mr. Andrade earned a Masters of Business Administration in Finance from IBMEC (Instituto Brasileiro de Mercado de Capitais) and a Bachelor`s degree in Mechanical /Production Engineering from Escola Politecnica of São Paulo University. Mr. Andrade was Co-Head of Local Markets Trading Latam for Bank of America Merrill Lynch. He was also a member of the Latin American Executive committee. Prior to joining Bank of America Merrill Lynch, he worked at Citigroup Brazil for almost 10 years where he was Head Trader on the Foreign Exchange and Derivatives Desk and later responsible for Structuring and Products, focusing on investment and derivatives products for FX, interest rate, commodities and credit for local and off-shore clients. Prior to that, he worked for 3 years in a Local JV between Itau and Bankers Trust (IBT) where he worked mostly with Equity Derivatives books.
Rodrigo Antonio Nardoni Gonçales Chief Technology Officer
Mr. Nardoni is a systems analyst graduated at the Pontifical Catholic University of Campinas in 1996, with an MBA in Strategic and Economic Project Management from Fundação Getulio Vargas and Executive Education from Wharton School of the University of Pennsylvania in 2014. From 1995 to 1997 he served as systems analyst at IBM Brazil. He worked as an IT consultant at Banco Bradesco (1998-2000) and Citigroup Brasil (2000-2002). He joined BM&F in 2002 as systems analyst and later became the systems development manager. In 2008, in BM&FBOVESPA he was appointed as the PMO Associate Director and in 2010 became Managing Director of development of post-trading systems department.
Marcos Vanderlei Belini Ferreira Finance Unit Executive Officer
He holds a law degree from Brás Cubas University of São Paulo, an MBA in Business Management from FGV, São Paulo and a specialization in bank Management from Swiss Finance Institute. He began his career in 1995 at Unibanco S.A. as supervisor of vehicle collections, having been promoted to manager. That same year, he took over the credit desk for the branch network. In 1998, he became collections manager at Dibens, a company acquired by Unibanco. In 2001, he took charge of the Credit and Collections structure at Banco InvestCred (a UBB-Ponto Fio joint venture), having held the position of Credit and Collections Officer. In 2004, he was appointed Credit and Collections Officer for the automotive sector, for private individuals and legal entities, at Itaú where, in 2013, he took up the position of Credit and Collections Officer of ACIVS (Cards, Real Estate, Vehicles and Insurance Area) and held the position of Credit and Collections Officer between 2014 and 2016.
Ana Buchaim Director of People, Marketing, Communication and Sustainability
Ana Buchaim (Board member of the UN Global Compact Network Brazil) Director of people, marketing, communication and sustainability at B3) Ana Buchaim is the People, Marketing, Communication and Sustainability Director at B3. She invests mainly in the evolution of the company’s culture and brand. She led the struggles for adaptation of people upon the merger of Cetip with BM & FBOVESPA. She was responsible for the development of Cetip’s Human Resources area, and she built her career in financial institutions such as Banco Santander, ABN Amro and Citibank. Ana holds a graduate degree in Business Administration from Faculdade de Economia, Administração, Contabilidade e Atuária/ Universidade de São Paulo (FEA/USP), with specialization in Change Management from the Chicago Booth School of Business and training in Psychoanalysis from the Center for Psychoanalytic Studies.
Eduardo Farias Director of Governance and Integrated Management
Committees

They reinforce corporate governance by advising the Board of Directors. The term of office of members is two years.

Audit Committee

This committee is responsible for monitoring and assessing the quality of the Internal Audit and independent audits in the company and its affiliated companies. No more than two audit committee members shall be Independent Directors; the other members shall be external independent members.

MEMBERS
Rogério Paulo Calderón Peres Committee Coordinator
Cristina Anne Betts Independent Director
Alvir Alberto Hoffmann External Member
Carlos Alberto Rebello Sobrinho External Member
Luciana Pires Dias External Member

 

Audit Committee Rules of Procedure

Audit Committee Complaint Channel

Corporate Governance and Nomination

Among its main functions, this committee promotes the development of governance, assesses the adoption of good practices, and selects and appoints members to the Board of Directors and the Executive Board. It is comprised of four directors, at least two of whom are independent.

MEMBERS
Claudia Farkouh Prado Committee Coordinator
Ana Carla Abrão Independent Director
Antonio Carlos Quintella Independent Director
Guilherme Affonso Ferreira Independent Director
Products and Pricing Committee

This committee is responsible for following up the plans for investments and development of the markets managed by the Company, following up the measuring and implementation of the commercial discounts practices adopted by the Company, assessing the price structure of the Company comparing them to the prices practiced by the main international stock exchanges.

MEMBERS
Ana Carla Abrão Costa Committee Coordinator
Guilherme Affonso Ferreira Independent Director
Bernardo Zerbini External Member
Eric André Altafim External Member
Luiz Fernando Figueiredo External Member
Luiz Masagão Ribeiro Filho External Member
Marcelo Fidencio Giufrida External Member
Renato Monteiro dos Santos External Member
Roberto de Jesus Paris External Member
Personnel and Compensation Committee

This committee reviews, proposes and monitors adjustments in parameters, in guidelines, in the compensation and benefits policy, and in the personnel management model. It is comprised of three directors, at least two of whom are independent.

MEMBERS
Antonio Carlos Quintella Committee Coordinator
Claudia Farkouh Prado Independent Director
Florian Bartunek Independent Director
José Berenguer Neto Independent Director
Risks and Finance Committee

The primary responsibilities of the risk and financial committee include monitoring and assessing, from a strategic and structural standpoint, the market, liquidity and systemic risks that affect the markets in which the company operates. It is comprised of at least four directors, from which at least two are independent.

MEMBERS
Eduardo Mazzilli de Vassimon Committee coordinator
Alberto Monteiro de Queiroz Netto Independent Director
Antonio Carlos Quintella Independent Director
Mauricio Machado de Minas  Independent Director
Pedro Paulo Giubbina Lorenzini Independent Director
Internal Committees

The Internal Committees to the Chief Executive Officer and Executive Board are:

  • Anti-money Laundering Internal Committee
  • Corporate Risk Internal Committee
  • Conduct and Ethics Internal Committee
  • Operational Qualification Program (PQO) Certification Internal Committee
  • Internal Committee of Fees
  • Projects Internal Committee
  • Sustentability Internal Committee
  • Central Counterpart (CCP) Risk Internal Technical Committee
Advisory Committees

B3 has continuously strived to work closer with the participants in its markets. For this purpose, the company maintains several open channels with investors and companies in different categories, which collaborate to develop products and services, and to suggest new practices.

In addition to the Committees that support the Board of Directors and the CEO, the Advisory Committees were created to ensure a constant liaison with the B3 market participants. In 2009, these Committees underwent some important enhancements, such as the expansion in the number of participants, which currently stands at around 450. In 2011 the Real Estate Market Committee and the Trading & Technology Committee were created.

Currently, B3 has the following Advisory Committees:

  • Advisory Commitee – Commodities
  • Advisory Commitee – Fixed Income, FX and Derivatives
  • Advisory Commitee – Equities
  • Advisory Commitee – Companies and Underwriting
  • Advisory Commitee – Risk Analysis
  • Advisory Commitee – Norms
  • Advisory Commitee – Trading
  • Advisory Commitee – Post-Trade
  • Advisory Commitee – Financing

Last updated on May 5, 2021