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
Ieda Aparecida de Moura Cagni CHAIRMAN – appointed by the Minister of Economy
Chairman. is a National Treasury Attorney, graduated in Law from the University Center of Anápolis, with specialization in Public Law from the Processus College, DF, MBA and Master in Public Administration from the Getúlio Vargas Foundation (FGV). Lawyer for 9 years, especially in the area of condominiums, real estate, health insurance and before the Municipal Taxpayers Council. Joined the Office of the Attorney General of the National Treasury – PGFN in 2008, where he worked in the Special Follow-up Division acting in the relevant causes of the 1st Region; he was Chief of Defense of the 1st Region. In 2013 she began working in the administrative area of PGFN, she was General Coordinator of Administration, Director of Corporate Management and currently holds the position of Secretary General of Administration of the Office of the General Counsel for the Union – AGU. She has served on the Advisory Councils of VALEC Engenharia, Construções e Ferrovia S/A, of BB Gestão de Recursos – Distribuidora de Títulos e Valores Mobiliários, controlled by Banco do Brasil, and she served as alternate member on the Advisory Council of Banco do Brasil S/A. She also served on the Board of Directors of the Data Processing Service (Serpro) and of Empresa Baiana de Água e Saneamento (Embasa).
Walter Eustaquio Ribeiro VICE CHAIRMAN (independent member appointed by the Minister of Economy)
Vice-chairman. Bachelor degree in International Relations from the University of Brasília (UNB), with post-graduation in Marketing and Human Resources from the same university. He studied Educational Management at the Catholic University of Brasília and has Training for Councilors – Corporate Governance at Dom Cabral Foundation. He holds a Master’s degree in Administration from UNB. He was a career employee at BB for over 30 years, acting in several managing positions in the personnel, commercial, controllership and internal audit departments, and also worked as an advisor to the Chief Executive Officer.
Waldery Rodrigues Júnior Member (member appointed by the Minister of Economy)
Member the Board of Directors. Member 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.
Paulo Roberto Evangelista de Lima Member (member appointed 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.
Fausto de Andrade Ribeiro Member – CEO Banco do Brasil
Banco do Brasil CEO. Graduated in Business Administration from Faculdade Católica de Brasília and in Law from Universidade CEUB – DF. He has a specialization in International Finance and an Executive MBA in Finance, both from IBMEC, as well as a specialization in Economics from the Minerva Program at George Washington University. He has been an employee of Banco do Brasil since 1988. He held the position of Chief Executive Officer at BB Consórcios since September / 2020. Before that, he was Executive Manager of the Accounting Department in 2019 and of the Channels Unit, from 2016 to 2019. He also held the position of General Director of Banco do Brasil’s unit in Spain between 2013 and 2016 and represented BB on the Transition Committee with to the Board of Banco Patagonia, in Buenos Aires (Argentina) in 2010. Between 2000 and 2010, he was Executive Manager in the Internal Control Division, when he coordinated the Bank’s Adaptation Project to the requirements of the American Sarbanes-Oxley Legislation, between 2008 and 2010.
Débora Cristina Fonseca Member 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.
Aramis de Sa Andrade Member(member appointed by the Minister of Economy)
He holds a bachelor’s degree in Economics and Law (UFAC), specialist in Civil Law and Civil Procedural Law (Estácio de Sá), MBA in General Training and Executive Development in Administration (USP/FIA); Academic Extensions, among others, in Corporate Governance (FIPECAFI and IBGC), Banking and Financial System in the Global Market (The University of Chicago Booth School of Business), Executive Program “BB Digital Business Transformation” (MIT – Massachusetts Institute of Tecnology), Operational Efficiency Responsibility and Sustainable Business (UPeace/UN-USA); Holds Professional Certifications in Corporate Governance, by experience (CCIe), by IBGC for Board Member (CCA+), for Member of Supervisory Audit Board (CCF) and for Audit Committee Member (CCoAud+); and by ICSS for Certified Social Security Professional with Emphasis on Administration (EA). He was an employee of BANCO DO BRASIL from 1979 to 2015, holding positions as first manager in several regional units of the Bank in the Country, including General Manager of Regional Legal Advisory and State Superintendent, and Executive Manager and General Manager of Strategic Unit, in the Information Technology Department. Currently, he is an Independent Board Member, Coordinating Member of the Statutory Audit Committee and Member of the Employees, Eligibility, Succession and Compensation Committee at INFRAERO-Empresa Brasileira de Infraestrutura Aeroportuária S.A.; Member of the Supervisory Audit Board at METALÚRGICA GERDAU S.A.; Member of the Supervisory Audit Board (alternate) at NORTE ENERGIA S.A. He was Member of the Supervisory Audit Board (alternate) at WEG S.A.; Board Member at BB-PREVIDÊNCIA-Fundo de Pensão Banco do Brasil; Member of the Statutory Audit Committee at BBTS-Tecnologia e Serviços; and Board Member at SEBRAE-AC.
Rachel de Oliveira Maia Independent member appointed by the minority shareholders
Founder and CEO of RM Consulting, focus on ESG and Leadership S, former CEO of Lacoste S.A. (Brazil). She started her career as a senior financial controller at 7-Eleven, where she developed her analytical and leadership skills as a junior manager. He served as senior business controller at Novartis Pharmacy. At Tiffany & Co., she led the company’s entry into the Brazilian market and managed all financial aspects of Tiffany’s growth as CFO of Brazil. After establishing Tiffany & Co. as the market leader in Brazil, she was hired to lead the expansion and growth of the Danish brand Pandora. As CEO of Pandora Brasil, she led the company’s growth from two points of sale to more than 92 over a period of eight and a half years. She has a degree in accounting from Centro Universitário FMU and an MBA from Fundação Getulio Vargas (FGV). She completed the Negotiation and Leadership course through the Harvard Business School Executive Education Program and general management training at the University of Victoria in British Columbia, Canada. Member of the General Council of the Danish Consulate and the Danish Chamber of Commerce, as well as a member of the Committee of the President of the American Chamber of Commerce, the Institute for the Development of Retail, the Group of Brazilian Women and the Economic and Social Committee Development Council

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Minutes and Summaries of decisions of the Management Meetings of Banco do Brasil.


Updated 05/10/2021 at 03:35 pm