Board of Directors

The Board of Directors is an independent, collegial decision-making body responsible for setting the general guidelines for the Bank’s businesses. It performs strategic, elective and supervisory duties, not encompassing operational or executive roles. It is composed by eight members, elected by the General Shareholders Meeting.

MEMBERS TITLE
Hélio Lima Magalhães CHAIRMAN (appointed by the Minister of Economics)
Chairman of the Board of Directors appointed by the Ministry of Economy. Mr. Hélio Lima Magalhães serves as an independent counselor at Eletropaulo and at Companhia Melhoramentos de São Paulo. He served as CEO of Citi Brasil between 2012 and 2017. He holds a bachelor’s degree in Electrical Engineering from George Washington University.
Waldery Rodrigues Júnior VICE-CHAIRMAN (appointed by the Ministry of Economics)
Vice-chairman of the Board of Directors appointed by the Ministry of Economy. Mr. Waldery Rodrigues Júnior is a Special Secretary of Finance of the Ministry of Economy. He holds a bachelor’s degree in engineering from Institute of Aeronautical Technology, and he holds a master’s degree in economics from the University of Michigan and he has a Ph.D from the University of Brasilia.
Rubem de Freitas Novaes Representative of the Federal Government (appointed by the Minister of Economics)
Representative of the Federal Government appointed by controller shareholder in January 2019. He is also Banco do Brasil’s Chief Executive Office (CEO). He held the position as BNDES Director, responsible for the Infrastructure area for 03 years. He has experience as Director of Investment Banking, dealing with structured capital market operations and financial restructuring of companies. He holds a Bachelor´s degree in Economics from UFRJ (University of Rio de Janeiro) an PhD in Economics from the University of Chicago, USA.
Guilherme Horn Representative of the Federal Government (appointed by the Minister of Economics)
Repreentative of the Federal Government appointed by controller shareholder in May 2019.From 2014 to 2019, he was Executive Director of Innovation in Latin America at Accenture, a consulting firm. He created a venture capital fund (VentureOne) to invest in fintechs. He was the CEO and founder of Órama, the digital platform for investments. As an investor in Ágora, Bradesco’s investment broker was responsible for the technology area until 2008. Between 1993 and 2000, he founded three other companies focused on technology and the digital world. He is the editor of Innovation, a Fintech blog in Brazil, and writes a column in Jornal Estadão and another column in Época Negócios magazine. He holds a PhD in Business from UMSA / Argentina and a Master in Business from PUC / RJ.
Marcelo Serfaty Representative of the Federal Government (appointed by the Minister of Economics)
Representative of the Federal Government appointed by controller shareholder in June 2019. Mr. Marcelo Serfaty is a founding partner, member of the Executive Committee and Chairman of the Investment Committee of G5 Partners Private Equity – Brazil. He holds a bachelor’s degree in business administration, a doctorate and a master’s degree in economics from Fundação Getúlio Vargas.
Débora Cristina Fonseca Representative elected by the employees
Member of the Board of Directors appointed by employees an elected in April 2019, joined Banco do Brasil in 2009. Joined Banco Nossa Caixa S/A in 2006, and was incorporated as BB’s employee in 2009. Served as Assistant and Services Manager in Large Corporate Office, and is currently an advisor in Large Corporate Superintendence. She holds a Bachelor’s Degree in Social Communication and Technologist in Human Resources Management, a MBA in Banking and Corporate Finance, postgraduate in Strategic Management, Innovation and Knowledge. She has a Anbima CPA-20 Professional Certificate.
Luiz Serafim Spinola Santos Independent Directors (member elected by the minority shareholders)
Member of the Board of Directors appointed by minority shareholders also member of the Remuneration and Elegibility Committee. Mr. Spinola is member of the Board of Directors of Aegea Saneamento since 2014, Cremer since 2006 and João Fortes Engenharia since 2007. He also was part of the Boards of Metalúrgica Guerdau from 2012 to 2014 and Líder Taxi Aéreo from 2011 to 2013, among others. He is vice president of Abrasca – Brazilian Association of Listed Companies since 2009, President of Abrasca’s Self-Regulation of Listed Companies Board, Mergers and Acquisitions Board since 2014 and Capital Market Regulation Board of Anbima since 2005. From 2010 to 2012 he was professor of the Counselor Development Course in Dom Cabral Foundation. Graduated in Civil Engineering and Master’s Degree in Production Engineering from Federal University of Rio de Janeiro.
Paulo Roberto Evangelista de Lima Independent Directors (member elected by the minority shareholders)
Member of the Board of Directors appointed by minority shareholders also member of the Remuneration and Elegibility Committee. He worked at Banco do Brasil SA for 34 years, where he was Regional Superintendent, Executive Manager and Director of Internal Controls and Risk Management, Member of the Supervisory Committee of Banco do Brasil in Japan, Member of the Board of Directors of Banco do Brasil Securities – New York and London, Member of the Technology Committee of Banco do Brasil and Coordinator of the Risk Committee of Banco do Brasil AS. He was CEO of Banco de Brasília SA, from January 2013 to October 2014, where he served as Board Member, Chairman of the Board of Directors of the Cartão BRB SA , Member of the Board of Directors of Cadan and Celesc – Centrais Elétricas de Santa Catarina SA, where he coordinated the Legal and Audit Committee. He also served as Fiscal Counsil in several companies – Caixa de Previdência dos Funcionários do Banco do Brasil – PREVI, Caixa de Assistência dos Funcionários do Banco do Brasil – CASSI, Rio Grande Energia, CPFL Distribuição and CPFL Geração, Distribuidora de Petróleo Ipiranga S.A., Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas, having been Chairman of the Supervisory Board. He is currently Fiscal Council Member of Cecrisa Revestimentos Cerâmicos S.A. and Board Member of Alternate Administration of TUPY S.A and a born member of the Advisory Board of Instituto de Ensino Bilíngue Ltda. (Avidus School) in Brasilia. He has been a Council Member of the Instituto de Governança Corporativa – (IBGC) since October 2016. He holds a bachelor’s degree in Business Administration, with an MBA – Training for Senior Executives at the Banco do Brasil – Dom Cabral Foundation, Lato Sensu Graduate – Financial Administration – IBMEC, Business – Dom Cabral Foundation and with Corporate Governance Course by USP.

Click here to access Internal Regulations.
Minutes and Summaries of decisions of the Management Meetings of Banco do Brasil.


Atualizado em 06/14/2019 às 07:53 pm