Management and committees

Board of Directors

Composed of seven members:

  • Two members appointed by Banco do Brasil among its Executive Officers;
  • Two members appointed by the Ministry of Economy;
  • The CEO of BB Seguridade; and
  • Two independent members, one of them appointed by the minority shareholders.

Internal Regulations of the Board of Directors

Name Office Election Date
Marcelo Cavalcante de Oliveira Lima Chairman 07.12.2021

He has been an employee of Banco do Brasil for 33 years. He held executive positions of CFO at BB Tecnologia e Serviços, and Technology Manager for Europe, Middle East and Africa. He also held the position of Executive Manager at Banco do Brasil’s Information Technology Department, among other positions held in the technology area of that institution. Mr. Marcelo holds a Bachelor degree in Electronic Engineering with an emphasis on Computing, a specialization in Object-Oriented Systems, an MBA in Strategic Administration of Information Systems, and a Master in Advanced Business Management.

Ana Paula Teixeira de Sousa Vice Chairman 07.12.2021

She has been an employee of Banco do Brasil for 26 years. She held executive positions of Managing Director of Internal Controls and Compliance, Managing Director of Sales and Products of BB DTVM and CEO of Bescval. She also held positions as Executive Manager of Credit Risk and Executive Manager of Market and Liquidity Risk at the Risk Management Department of Banco do Brasil. She holds a Bachelor degree in Accounting, an MBA in Accounting, an MBA in Finance and International Business, a Master in Economics, and an executive program in Banking and Financial System in the Global Market.

Ullisses Christian Silva Assis Member of the Board 06.30.2021

Mr. Ullisses Assis has been an employee of Banco do Brasil for 21 years, where he was member of the Executive Board of BB, he held the position of General Manager in the Strategic Business Unit for Individuals, SME and Agri segments. Also held the position of State Superintendent in Santa Catarina and Executive Manager in the Distribution Division. He holds a Bachelor degree in Computer Science and an MBA in Strategic Management, as well as executive training programs in Business Administration and in Strategic People and Process Management.

Ricardo Moura de Araújo Faria Member of the Board 04.29.2021

Secretary of the Secretariat for Coordination and Governance of State-Owned Enterprises of the Ministry of Economy since March 2021. He held the positions of Chief of the Special Advisory Office for Investor Support and New Projects, Assistant Secretary of the Coordination and Governance of State-Owned Enterprises and Director of the Department of State-Owned Enterprises Governance. He holds a Master’s degree in Public Sector Economics, Specialization in Antitrust and Business Management, and a degree in Social Communication.

Claudio Xavier Seefelder Filho Member of the Board 04.29.2021

Was Attorney General in Procuradoria Geral da Fazenda Nacional – PGFN between 2016 and 2019, and General Coordinator of PGFN between 2013 and 2016. He holds a Law degree, an MBA in Tax Law and Public Finance, and is mastering in Tax Law and Economic Development.

Isabel da Silva Ramos Independent Member 04.29.2021

Analyst at Leste Investimentos since March 2014. Ms. Ramos held the same position at XP Gestão de Recursos between August 2013 and March 2014. She holds a Bachelor degree in Civil Engineering and an MBA in Finance.

Gilberto Lourenço da Aparecida Independent Member 11.05.2021

He is a retired employee of Banco do Brasil, where he held important executive positions, among them General Manager of Investor Relations and Executive Officer at Brasilcap and Grupo Segurador BB MAPFRE, which are investee companies of BB Seguridade. Mr. Gilberto holds a bachelor’s degree and an MBA in Accounting, and specialization certificates in Business Management, Audit and Accounting.

Fiscal Council

Composed of three members and their substitute:

  • One effective memer and the respective substitute oppointed by the minority shareholders;
  • One effective memer and the respective substitute oppointed by the Ministry of Economy; and
  • One effective memer and the respective substitute oppointed by the controlling shareholder.

Internal Regulations of the Fiscal Council

Name Office Election Date
Lucineia Possar Member 07.29.2020

Mrs. Lucinéia Possar holds the position of Managing Director at the Legal Department of Banco do Brasil. Between 2013 and 2017 she worked as Executive Manager at the same Department. She holds a Bachelor degree in Law and she is also a member of the Supervisory Board of BB Tecnologia e Serviços (Cobra Tecnologia S.A.)

Bruno Monteiro Martins Alternate Member 04.29.2021

He held the position of Executive Finance Manager at Banco do Brasil since 2019, and was Solutions Manager from 2013 to 2019. He holds an MBA in Asset Management, a dregree in International Relations and in Economics.

Francisco Olinto Velo Schmitt Independent Member 07.29.2020

Member of the Board of Directors of Grupo InBetta S/A (houseware bussiness) since 2009. CFO of Grendene S/A between 2007 and 2019. He holds a Postgraduate degree in Digital Bussiness, is Master in Finance and PhD in Bussiness Management.

Kuno Dietmar Frank Alternate Independent Member 07.29.2020

Mr. Frank holds the position of member in the Board of Directors of Grupo Motin (automobile industry), and of member of Council Board of Biocath (hospital products), both since 2017. He holds a Bachelor degree in Bussiness Management.

Luis Felipe Vital Nunes Pereira Member 07.29.2020

Mr. Luis Felipe, since 2018, holds the position of General Coordinator at the Brazilian Department of Treasury. Between 2017-2018, he was economy advisor at the Chamber of Deputies of the Brazilian Congress, and between 2016-2017 he was a member of the Fiscal Council at Eletrobrás. CFA Charterholder, with a PhD and a Master in Economics and an Electric Engineering Bachelor Degree.

Daniel de Araújo e Borges Alternate Member 07.29.2020

Coordinator of Operation Planning and Tax Risks at Secretaria do Tesouro Nacional since 2017. He holds a Bachelor degree and a Masters in Economics.

Audit Committee

The members are ellected by the Board of Directors according to the Bylaws and the Internal Rules of the Committee:

  • One member appointed by the members of the Board of Directors who were elected by the minority shareholders;
  • The other members appointed by the other members of the Board of Directors; and
  • At least one member must be an independent member of the Board of Directors.

Click here and refer to the Internal Regulations of the Audit Committee.

Click here to file a contact the audit committee of BB Seguridade.

Click here to file a complaint related to the Anti-Corruption Law (12.846/13).

Name Office Election Date
Artêmio Bertholini Member 04.24.2019

Consultant and Researcher at Fipecafi. Mr. Bertholini held the position of CEO at Grant Thornton Brasil from November 2013 to March 2015. He holds a PhD degree in Business Administration by Florida Christian University, in addition to a Masters in Accounting and Finance, and a Bachelor degree in Accounting and Economics.

Gilberto Lourenço da Aparecida Member 11.05.2021

He is a retired employee of Banco do Brasil, where he held important executive positions, among them General Manager of Investor Relations and Executive Officer at Brasilcap and Grupo Segurador BB MAPFRE, which are investee companies of BB Seguridade. Mr. Gilberto holds a bachelor’s degree and an MBA in Accounting, and specialization certificates in Business Management, Audit and Accounting.

Luiz Claudio Moraes Member 04.30.2020

Alternate Member of Embraer’s Fiscal Council. Held the position of Member of the Board of Directors at Forjas Taurus, Paranapanema S.A., Eluma S.A., Cia Paraibuna de Metais and Caraíba Metais S.A, as well as Member of the Audit Committee of Cobra Tecnologia. He is also a former Executive Manager of Banco do Brasil’s Internal Audit and former Executive Officer of Cobra Tecnologia. He holds a B.Sc. in Economics, a Certificate in Advanced Finance and Corporate Governance, and a Masters degree in Economics.

Roberto Lamb Member 01.24.2019

B.Sc. in Physics, a Certificate in Monetary Economics and a Master in Financial Management. He is currently member of the Board of Directors of CADAM-Caulim da Amazônia S.A and Chief of Audit Committee of DATAPREV. Mr. Lamb also held the position of member and Chief of Audit Committee of Eletropaulo – Metropolitana Eletricidade de São Paulo, from August, 2017 to December, 2018.

Manoel Gimenes Ruy Member 12.18.2019

Has a degree in Portuguese and French, with a postgraduate degree in Organization, Systems and Methods and MBA in Logistics for Financial Institutions. He is currently member of the Board of Directors of Gestão de Recursos,Distribuidora de Títulos e Valores Mobiliários – BBDTVM. He was also a member of the Fiscal Council of Companhia Energética de Pernambuco – Celpe, a company controlled by Neoenergia, from April 2016 to March 2018.

Related Parties Committee

Composed of three members appointed and elected by the Board of Directors:

  • One independent member who must be the member of the Board of Directos elected by the minority shareholders, who has veto power;
  • One member appointed by the Board of Directors among BB Seguridade’s employees; and
  • One member appointed and elected by the Board of Directors among Banco do Brasil’s employees.

Click here and refer to the Internal Regulations of the Related Party Transactions Committee.

Name Office Election Date
Rafael Augusto Sperendio Member 08.20.2021

He is in BB Seguridade since 2013, when he joined the group responsible for structuring the Company’s IPO. He is a member of Brasilcap’s Audit Committee and acts as a member of the financial committees of the companies of the group. Before joining BB Seguridade, Rafael worked in the Investor Relations areas of Banco do Brasil (from 2009 to 2012) and Banco Nossa Caixa (from 2006 to 2009). He has a degree in Computer Science, an MBA in Finance, an MBA in Financial Engineering and a Master in Global Finance.

Isabel da Silva Ramos Independent Member 09.24.2020

Analyst at Leste Investimentos since March 2014. Ms. Ramos held the same position at XP Gestão de Recursos between August 2013 and March 2014. She holds a Bachelor degree in Civil Engineering and an MBA in Finance.

Marcelo da Silva Netto Member 09.24.2020

Executive Manager of Controlling Department. He has been working for Banco do Brasil since 1998. Previously he was Executive Manager of Service Network Unit and Division Manager of Controlling Department. He holds Bachelor degree in law, with an MBA in Controlling and Finance.

Eligibility Committee

Composed of three members appointed and elected by the Board of Directors:

  • One member of the Board of Directors;
  • One member of the Audit Committee who should not be member of the Board of Directors; and
  • One member of BB Seguridade’s Executive Board.

Click here and consult the Rules of Procedure of the Eligibility Committee.

Name Office Election Date
Rafael Augusto Sperendio Member 08.20.2021

He is in BB Seguridade since 2013, when he joined the group responsible for structuring the Company’s IPO. He is a member of Brasilcap’s Audit Committee and acts as a member of the financial committees of the companies of the group. Before joining BB Seguridade, Rafael worked in the Investor Relations areas of Banco do Brasil (from 2009 to 2012) and Banco Nossa Caixa (from 2006 to 2009). He has a degree in Computer Science, an MBA in Finance, an MBA in Financial Engineering and a Master in Global Finance.

Luiz Claudio Moraes Member 08.20.2021

Alternate Member of Embraer’s Fiscal Council. Held the position of Member of the Board of Directors at Forjas Taurus, Paranapanema S.A., Eluma S.A., Cia Paraibuna de Metais and Caraíba Metais S.A, as well as Member of the Audit Committee of Cobra Tecnologia. He is also a former Executive Manager of Banco do Brasil’s Internal Audit and former Executive Officer of Cobra Tecnologia. He holds a B.Sc. in Economics (PUCC), a Certificate in Advanced Finance (USP) and Corporate Governance (USP), and a Masters degree in Economics (UnB).

Gilberto Lourenço da Aparecida Independent Member 11.05.2021

He is a retired employee of Banco do Brasil, where he held important executive positions, among them General Manager of Investor Relations and Executive Officer at Brasilcap and Grupo Segurador BB MAPFRE, which are investee companies of BB Seguridade. Mr. Gilberto holds a bachelor’s degree and an MBA in Accounting, and specialization certificates in Business Management, Audit and Accounting.

Executive Board

Composed of four members elected by the Board of Directors among Banco do Brasil’s active employees:

  • The Chief Executive Officer;
  • The Chief Financial Officer;
  • The Chief Strategy Officer; and
  • The Chief Commercial Officer.

Click here and consult the Internal Regulations of the Executive Board.

Name Office Election Date
Ullisses Christian Silva Assis CEO 06.30.2021

Mr. Ullisses Assis has been an employee of Banco do Brasil for 21 years, where he was member of the Executive Board of BB, he held the position of General Manager in the Strategic Business Unit for Individuals, SME and Agri segments. Also held the position of State Superintendent in Santa Catarina and Executive Manager in the Distribution Division. He holds a Bachelor degree in Computer Science and an MBA in Strategic Management, as well as executive training programs in Business Administration and in Strategic People and Process Management.

Bruno Alves do Nascimento CIO 09.10.2021

He has been a career employee at Banco do Brasil for 21 years, where has been holding Executive Manager position at the Individual Clients Division and at the Payment Products Division. During his career he also held several managerial positions at strategic business divisions of Banco do Brasil and worked at tactical and business roles of the distribution network. Mr. Bruno holds a Bachelor’s degree in Business Administration, an MBA in Economics and Finance from IBMEC and an MBA in Management of Regional Sustainable Development from UNB.

Marcelo Lopes Lourenço CMO 06.10.2021

He has been a career employee at Banco do Brasil. He held the positions of Executive Manager at the Human Resources and Culture Management Officer, Executive Manager at the Retail and Government Distribution Officer and Business Manager at the State Superintendence of Goias. Mr. Marcelo holds a Bachelor’s degree in Law, an MBA in Financial Management, Controllership and Auditing, an MBA in Business Management, an MBA in Real Estate Business, and an extension course from Columbia Business School in Strategic Alignment and Cultural Transformation.

Rafael Augusto Sperendio CFO 04.30.2021

He is in BB Seguridade since 2013, when he joined the group responsible for structuring the Company’s IPO. He is a member of Brasilcap’s Audit Committee and acts as a member of the financial committees of the companies of the group. Before joining BB Seguridade, Rafael worked in the Investor Relations areas of Banco do Brasil (from 2009 to 2012) and Banco Nossa Caixa (from 2006 to 2009). He has a degree in Computer Science, an MBA in Finance, an MBA in Financial Engineering and a Master in Global Finance.