Supervisory Board

The Supervisory Board is an independent supervisory body of the directors for reporting to the shareholders, installed by decision of the Annual General Shareholders’ Meeting, whose purpose is to preserve the value of the organization.

It is composed of five effective members and their respective alternates, elected by the Annual General Shareholders’ Meeting.

MEMBERS TITLE DESCRIPTION
Rafael Cavalcanti de Araújo Incumbent Representative of Federal Government indicated by the Minister of Economy
Incumbent Member of the Supervisory Board, representative of Federal Government indicated by the Minister of Economy, since December/2019. He is Federal Auditor of Finance and Control of the National Treasury Secretariat having held the following positions in the Public Administration: Deputy Head of Fiscal Policy Department, Head of Fiscal Policy Department and Chief of Staff at Economic Policy Secretariat, Undersecretary of Fiscal Governance and Lottery Regulation at Secretariat for Fiscal Affairs, Energy and Lottery Monitoring, and Head of Fiscal and Economic Studies at National Treasury Secretary (since 2019). He was a member of the Fiscal Council of Caixa Seguradora. He has a degree in Economics from UFP (Federal University of Pernambuco), Business Administration from UPE (State University of Pernambuco), Business Economics from Middlesex University of London, and a Master in Economics from UNB (University of Brasília).
Lena Oliveria de Carvalho Alternate Representative of the Federal Government, indicated by the Minister of Economy
Alternate Member of the Supervisory Board.Alternate. Ms. Carvalho holds Bachelor’s and Master’s Degree in Economics from the University of Brasilia – UnB. Ms. Carvalho joined the Brazilian National Treasury in 2001, having held the position of Manager of Investors Relation and Manager of Research and Development at the General Public Debt Strategic Planning Department, where she is currently the Coordinator. She participated in the Supervisory Boards of FINEP, Banco Popular. She is member of the Supervisory Board of the BBCor.
Samuel Yoshiaki Oliveira Kinoshita Incumbent Representative of the Federal Government, indicated by the Minister of Economy
Incmbent Member of the Supervisory Board. He holds a Bachelor’s degree in economics, a Master’s degree in economics from Universitat Pompeu Fabra and a Master’s degree in statistics from Columbia University. He was a partner and chief economist at Bozano Investimentos, an investment manager at Kapitalo Investimentos. Currently special advisor to the Ministry of Economy.
Iêda Aparecida de Moura Cagni Alternate Representative of the Federal Government, indicated by the Minister of Economy
Alternate member of the Supervisory Board, representative of the Federal Government, indicated by the Minister of Economy. Ms. Cagni joined the National Treasury Attorney’s Office in 2008 as National Treasury Attorney, and now is Executive Officer of the Corporate Management Department. She was member of the VALEC Supervisory Board and SERPRO Board of Directors. She has been Supervisory Board of the BB DTVM since 2016. She holds a Bachelor’s Decree in Law, with specialization in Public Law and Public Administration
Lucas Pedreira do Couto Ferraz Incumbent Representative of the Federal Government, indicated by the Minister of Economy
Member of the Supervisory Board. Graduation and Master in Chemical Engineering from the Polytechnic School of the University of São Paulo, and PhD in Economics from the Graduate School of Economics (EPGE) of the Getúlio Vargas Foundation. He attended the Alpha Doctoral Program of the European Community, with experience at the University of Antwerp, University of Leuven, University of Louvain-la-Neuve, Free University of Brussels and University of Amsterdam. He is currently a professor on the permanent staff of the School of Economics of São Paulo (EESP-FGV), coordinator of the Modeling Center of CCGI-FGV, coordinator of the Chair of Brazil at the World Trade Organization and a founding member of BRICS-TERN (International Network research on BRICS economies). He has experience in the area of Economics, with an emphasis on Large Scale General Equilibrium Models, International Trade, Industrial Organization and infrastructure. He was a senior consultant in international trade for the World Bank and UNCTAD.
Eduardo Salloum Alternate Representative of the Federal Government, indicated by the Minister of Economy
Alternate Member of the Banco do Brasil Supervisory Board, representative of the Federal Government, indicated by the Minister of Economy, since July 2017. He is also Supervisory Board member of BB Administradora de Cartões. He is Civil Servant working at the International Affairs Departmet the Ministry of Finance, serving as Chief of staff.
Aloisio Macário Ferreira de Souza Incumbent Member elected by minority shareholders
Incumbent member of the Banco do Brasil Supervisory Board, elected by minority shareholders, since April 2019. He was Vice President of Human Resources and Information Technology at Usiminas, Coordinator of the IBGC – Rio de Janeiro Chapter, Manager of Corporate Governance and Minority Holdings of Previ,  Manager of BB-DTVM Asset Analysis and Valuation Division, Advisor in the International Area of Banco do Brasil,  Board of Directors Member at Usiminas and CPFL Energia, Member of the Supervisory Board at Eternit, Eletrobras, Celesc and Ambev. Currently he is Member of the Supervisory Board at Usiminas and Member of the Statutory Audit Committee of Celesc. He holds a Bachelor’s Degree in Accounting Sciences, with MBA in Business and Investment Banking Management from the Corporate University of Citibank – USA, MBA in Business Valuation by Funcefet and a MBA in Pension and Retirement Plans for Complementary Social Security – Coppead / UFRJ.  Mr. Souza is certified by IBGC – Brazilian Institute of Corporate Governance to serve as member at Boards of Directors and Supervisory Boards.
Robert Juenemann Alternate Member elected by minority shareholders
Alternate member of the Supervisory Board elected by minority shareholders. Certified Mediator by CEDR (London-UK), Certified Board Member by IBGC (Brazilian Institute for Corporate Governance). Board Member at IBGC for two consecutive terms, in the first one he was coordinator of the Human Resources Committee Leader and in the second he was an Audit Committee Member. Member of the International Ethics Standard Board for Accountants – IESBA – NYC – 2016 from 2020 — as a Public Member (non practitioner). Member of the Supervisory Board (Fiscal Board) of JBS appointed by BNDES(2018), Member of the Supervisory Board (Fiscal Board) of Gerdau S.A.(2018), Member of the Supervisory Board (Fiscal Board) of Vale S.A.(2017), Member of the Supervisory Board (Fiscal Board) – 2013-2014, and Deputy Supervisory Board Member (2015-2016) at Eletrobrás, Member of the Supervisory Board (Fiscal Council) at Eternit S.A.(2015). Member of the Supervisory Board (Fiscal Council) at CELESC(2013). Graduated at the Law School at Pontifícia Universidade Católica do Rio Grande do Sul — PUC, Pos-graduated in Civil Process at PUC/RS and pos-graduated in Strategic Planning at ESPM/RS.
Maurício Graccho de Severiano Cardoso Incumbent Member elected by minority shareholders
Incumbent member of the Banco do Brasil Supervisory Board, elected by minority shareholders, since April 2015. He holds a Bachelor’s Degree in Economics and graduation in Controllership, Accounting and Auditing. He worked at the Icatu Bank from 1991 to 2000, serving as Advisor to the Controllership Board; at BNY Mellon Serviços Financeiros DTVM from 2000 to 2011 holding offices as Administrative Financial Manager, Operational Supervisor and Operational Executive Officer. Moreover, he was partner of the company M&VC Consultoria Econômica e Fiscal from 2012 to 2014.
Alexandre Gimenez Neves Alternate Member elected by minority shareholders
Alternate member of the Supervisory Board, elected by minority shareholders. Mr. Neves holds a Bachelor’s Degree in Accounting with Graduation in Business Management and Executive MBA in Business Administration. He is the Corporate Financial Executive Officer of the Othon Group – an economic group in the field of hotel, agribusiness and real estate development. At Estácio Participações S.A. he held offices as Controller and Financial and Business Consultant. At Icatu Hartford Group he served as Northeast Regional Executive Officer, Rio de Janeiro Regional Executive Officer and Controllership Executive Officer. He was Internal Auditing Manager of Banco Icatu S.A., Operational Auditing Manager of the Souza Cruz Group and External Auditing Manager and External Auditing Semi-senior at the KPMG – Peat Marwick. He was also member of the Supervisory Board of Santa Catarina Seguros e Previdência S.A. and Federal Capitalização S.A.

Click here to access Integral Regulation

Click here to access the Minutes of the Supervisory Board meetings


Updated 01/28/2021 at 03:51 pm