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.
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.
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.
Thiago Brasil Rocha Alternate Member elected by minority shareholders
Alternate member of the Supervisory Board elected by minority shareholders.
Carlos Alberto Rechelo Neto Incumbent Member elected by minority shareholders
Incumbent member of the Banco do Brasil Supervisory Board, elected by minority shareholders.
Sueli Berselli Marinho Alternate Member elected by minority shareholders
Alternate member of the Supervisory Board, elected by minority shareholders.

Click here to access Integral Regulation

Click here to access the Minutes of the Supervisory Board meetings


Updated 05/05/2021 at 12:30 pm