Management & Board of Directors
Board of Directors
Banco ABC Brasil bylaws/articles state that its board of directors must consist of at least five and at most nine members, at least 20% of whom must be independent directors. The board currently has seven members, including three independent directors.
Banco ABC Brasil’s board of directors is responsible for overall management of its business, including long-term strategy, control and monitoring performance. Among other duties, the Bank’s board of directors elects and replaces members of its board and supervises their performance.
Members of the board of directors are elected by general meetings for two-year mandates and may be reelected. General meetings may also remove any member of the board at any time. Members of Banco ABC’s board of directors must be persons holding at least one share, whether or not they are resident in Brazil.
The board’s risk committee is responsible for approving risk management policies and processes, reviewing and monitoring macroeconomic, legal, and regulatory environments, and focusing business impact and capitalization ratios.
|Anwar Ali Al Mudhaf||Chairman||April 27, 2018||April 30, 2020|
|Anwar Ali Al Mudhaf.Graduated from University of California, USA and Peter F. Drucker School of Management at Claremont. Master’s and PhD in Finance. Formerly general manager at Kuwait Health Insurance Company and lecturer in corporate finance, investment management, and financial institutions at Kuwait University. Director and investment committee member at Kuwait Social Security Institute; vice-president of Al-Mal Kuwaiti (K.S.C.) and board member of Ahli United Bank, in Kuwait. Member of the board of governors and trustees at the Oxford Institute for Energy Studies; Former vice-president of International Bank of Asia Ltd. in Hong Kong, and former director of Arab Banking Corporation in Egypt (S.A.E.). Dr. Al-Mudhaf joined Banco ABC’s board in December 1999 and he has over 15 years experience in banking and finance. He also acted as a consultant to the Finance and Economic Affairs Committee of Kuwait’s Parliament. Currently chairman of the board of directors of Banco ABC Brasil.|
|Tito Enrique da Silva Neto||Vice Chairman||April 27, 2018||April 30, 2020|
|Tito Enrique da Silva Neto. Industrial Engineering degree from Universidade Pontifícia Católica (PUC) – São Paulo. Starting as an analyst with Banco Mercantil de São Paulo’s research department in 1968, has had a successful career and his last position before leaving was vice-president Operations. In 1983 he was elected CFO of Banco Banespa S.A. (state government bank), and subsequently vice-president general. In 1987, he became president of Banco Itamarati S.A., and remained there until 1991, when he was elected president of Banco ABC-Roma SA (now Banco ABC Brasil S.A.) remaining until 2010. Mr. da Silva Neto is currently vice-president of the board of directors of Banco ABC Brasil.|
|Vernon Handley||Member||April 27, 2018||April 30, 2020|
|Vernon Handley. Law degree from the University of Durham (United Kingdom). Currently legal advisor to Arab Banking Corporation (B.S.C.) (“Bank ABC”), which he joined in March 2010. He is responsible for all legal affairs of Bank ABC and its subsidiaries and affiliates. Mr. Handley also acts as a director of several Bank ABC Group holding companies. Before joining ABC, he was legal adviser and senior vice president of Gulf International Bank. Since moving to the Middle East in 1995, Mr. Handley has worked mainly for banks and other financial institutions.|
|Paul Henry Jennings||Member||April 27, 2018||April 30, 2020|
|Paul Henry Jennings. Multidisciplinary Mathematics, Economics and Commerce from the University of Oxford. Over 30 years of banking experience with financial institutions such as Lloyds Bank London, Arbuthnot Latham Bank, Mitsubishi Bank, Singer & Friedlander Ltd., and London Forfaiting Co. Joined ABC International Bank plc in September 1999 and is currently vice-president and director.|
|Brendon Hopkins||Member||April 27, 2018||April 30, 2020|
|Brendon Hopkins. Mr. Brendon Hopkins holds a degree in Mathematics from University of Birmingham and a MBA from Henley Management College. He is a UK qualified Chartered Accountant and Chartered Tax Advisor. He has more than 25 years of experience in financial services, having started his career at Deloitte and subsequently moving to Standard Chartered Bank in 1995 where he held a number of senior roles including CEO Europe and Group Head, Strategy, West. He joined Arab Banking Corporation (“Bank ABC”) in 2014 as Group Chief Financial Officer and is responsible for Bank ABC’s global Finance, Strategy, M&A, Balance Sheet Management, Taxation and Investor Relations activities.|
|Ricardo Uchoa Alves de Lima||Independent Member||April 27, 2018||April 30, 2020|
|Ricardo Uchoa Alves de Lima. Holds a Bachelor’s Degree in Business Administration by Fundação Getúlio Vargas and an MBA Degree by University of Illinois (USA). Began his career at Comind S.A. Crédito Imobiliário as Financial Manager and has held executive positions at Metal Leve, Translor, Ultracargo and USS. In the public sector, has participated as Regional Action Coordinator in the Paulo Egydio Martins government, as Chief of Staff in the Government Secretariat in the Andre Franco Montoro government and as General Secretary of the Ministry of Industry and Trade in the 1985/1986 period. Was a member of the Board of Directors of Badesp, Fepasa, Embraer and Tempo. Currently is Consultant and member of the Board of Directors of several companies, including Banco ABC Brasil.|
|Fernando Fontes Iunes*||Independent Member||April 17, 2020||April, 2022|
|Fernando Fontes Iunes.* Mr. Fernando Iunes holds a Bachelor’s Degree in Civil Engineering by Universidade Mackenzie as well as a Master’s and Ph.D. Degrees by London University. He has worked in Banco Itaú BBA for over 20 years in several different roles, such as Executive Director of the Investment Banking division between 2001 and 2003, Director of the Capital Markets division between 2003 and 2010, and Executive Director of the Global Investment Banking division between 2010 and 2015.
*Election pending Brazilian Central Bank’s approval.
|Roberto Pedote*||Independent Member||April 17, 2020||April, 2022|
|Roberto Pedote.* Mr. Roberto Pedote holds Bachelor’s degrees in Law by Universidade de São Paulo and in Public Administration by Fundação Getúlio Vargas, as well as an MBA degree by the University of Michigan. He started his career at Unilever as a managerial accounting trainee, reaching several positions in the company over 15 years until being nominated Vice-President of Finance and Information in March 2005. He has also worked as a business executive in other sectors, such as Director of Finance at Nokia do Brasil between 2006 and 2008; Vice-President of Finance (CFO), Law, Investor Relations and Institutional Relations at Natura Cosméticos between November 2008 and April 2015; and Vice-President responsible for the education programs for executives at Insper between September 2015 and June 2018.
*Election pending Brazilian Central Bank’s approval.
The Bank’s officers are responsible for the everyday management of its business and for implementing policies and guidelines established by its board of directors.
Banco ABC Brasil’s officers are elected by the board of directors for two-year mandates and may be reelected. Brazil’s Law of Corporations allows up to one-third of members of its board of directors to be elected to executive board positions. The Bank’s officers may be removed by its board of directors at any time.
As required for the board of directors of Banco ABC Brasil since adhering to Level 2, new officers must sign the Directors Instrument of Consent assuming personal responsibility to submit to and act in accordance with the Level 2 adhesion agreement and regulations. Officers are also subject to Arbitration Rules in accordance with Banco ABC bylaws/articles.
|Anis Chacur Neto||CEO|
|Anis Chacur Neto. Graduated in Business Administration at Fundação Armando Alvares Penteado in 1983. Anis Chacur is Banco ABC Brazil CEO since 2011. His career has developed in financial institutions since 1983, having accumulated over 30 years of experience. He joined Banco ABC Brasil in 1991 as a member of ABC Brasil executive committee. Throughout the years was responsible for various business units, such as Corporate, Financial Institutions, Debt Capital Markets, Credit Analysis and Risk. He has a role in the local bank market, being President of ABBI, Brazilian International Bank Association, Executive Director of Febraban and Board Member of Febraban, the Brazilian Federation of Banks.|
|Antonio José Nicolini||Financial Executive Vice President|
|Antonio José Nicolini. Nicolini is Executive Vice President of Banco ABC Brasil responsible for the Trading, Clients`s Desk and Economic Research areas, and is a member of its Executive Committee since 2019. Started his career at Banco ABC Brasil in 1991 and was the Director responsible for the trading area from 2009 to 2018. Has more than 25 years of experience in the financial market, specifically in Treasury and focusing on proprietary trading. He also performed as FX and fixed income trader, what held his way to undertake as Superintendent of Treasury department, being responsible for trading operations and management of proprietary positions on several markets. Member of ANBIMA’s Treasury Committee (Brazilian Association for Financial and Capital Markets’ Entities), Nicolini is graduated on Business Administration and owns a finance MBA from IBMEC/SP.|
|Antonio Sanchez Junior||Commercial Executive Vice President|
|Antonio Sanchez Junior. Economics degree from Universidade Federal do Rio de Janeiro. Over 20 years experience in banking, including management at Lloyds Bank Plc and at Banco Itaú BBA, where he was regional director from February 2010 to April 2013. Started his career at Banco ABC Brasil in 2013 as Commercial Director and occupied the position untill 2018. Currently, is the Executive Vice President responsible for the Commercial areas of the Bank.|
|Jose Eduardo Cintra Laloni||Investment Banking and International Executive Vice President|
|Jose Eduardo Cintra Laloni. José Eduardo is Executive Vice President of Banco ABC Brasil responsible for the Merger & Acquisitons, Debt Capital Markets, Distribution, Funding and Financial Institutions departments, and is a member of its Executive Committee since 1991, when he joined the bank. He has over 30 years of experience in the banking sector, having worked in different financial institutions. He is also Vice-President at ANBIMA (Brazilian Financial & Debt Capital Markets Association). José Eduardo holds a Bachelor’s Degree from Fundação Getúlio Vargas, Brazil.|
|Marco Antonio Ascoli Mastroeni||Products, Channels, Innovation and Marketing Executive Vice President|
|Marco Antonio Ascoli Mastroeni. Marco Antonio holds a Bachelor´s Degree in Economics by Universidade Católica de Santos, a specialization in Financial Accounting by FGV and an MBA by FEA/USP. He started his career in Banco do Brasil (Bank of Brazil) as an apprentice and later moving to occupations of Analyst, Executive Manager, Retail Director, and Strategy & Organizational Director. In 2015, he took over as Digital Business Director. Since April 2019, he is the Executive Vice President responsible for Products, Channels, Innovation and Marketing areas in Banco ABC Brasil.|
|Renato Pasqualin Sobrinho||Risk Executive Vice President|
|Renato Pasqualin Sobrinho. Renato is Executive Vice President of Banco ABC Brasil responsible for Credit Analysis, Risk Management, Credit Administration and Compliance. He is a member of its Executive Committee since 2011, when he joined the bank. He has over 30 years banking experience in relevant institutions such as Banco Safra, Banco ABN Amro, Banco General Motors do Brasil, BankBoston, and Banco Crefisul. He is also a Member of the Risk and Credit Environment Executive Committees of FEBRABAN (Brazilian Federation of Banks), besides having acted as Consultant to FEBRABAN and as Director of CED (Derivatives Exposure Center). He is also member of the Board of ABBC (Brazilian Banks Association). Renato holds a Bachelor’s Degree from Fundação Getúlio Vargas, Brazil.|
|Sergio Lulia Jacob||Deputy CEO|
|Sergio Lulia Jacob. Sergio is Deputy CEO of Banco ABC Brasil. He joined the Bank in 1991, becoming a member of its Executive Committee in 1997. He has over 30 years of experience in the banking sector, serving in various senior capacities. Sergio holds an MBA degree by the University of Michigan, USA.|
|Sergio Ricardo Borejo||Administrative Executive Vice President & IRO|
|Sergio Ricardo Borejo. Sergio is Executive Vice President and Investor Relations Officer in Banco ABC Brasil, responsible for Finance & MIS, Business Inteligence, Investor Relations, IT and Back Office, and is a member of its Executive Committee since 2007, when he joined the bank. He has over 25 years banking experience in relevant institutions such as BankBoston and Itaú, having worked also at Consultancy and Auditing Firm PriceWaterhouse & Coopers. Sergio holds a Bachelor’s Degree from University of São Paulo.|
|Alexandre Yoshiaki Sinzato||Risk Management|
|Alexandre Yoshiaki Sinzato. Bachelor’s in Electrical Engineering from Polytechnic School, USP, post- graduate degree in Business Administration from Fundação Getúlio Vargas and Chartered Financial Analyst-CFA Institute. Philips Semiconductors Sales and Marketing (1999) and Banco Itaú’s Asset Management Custody (2000-2001). Joined Banco ABC Brasil SA in 2001 on the trading desk for International Arbitrage. In 2007 became head of Investor Relations and in 2014 assumed also the management of the Marketing area, being responsible for both areas until March, 2016. Since April 2016 he is the officer responsible for the Risk Management and Credit Administration area.|
|Carlos Augusto del Monaco de Paula Santos e Silva||Treasury|
|Carlos Augusto Del Monaco de Paula Santos e Silva. Carlos is the Director responsible for the Trading Department of Banco ABC Brasil, since 2019. Joined the Bank in 2006 and has been always working on the Trading area. He is graduated on Oceanic Engineering at University of São Paulo and is CFA (Chartered Financial Analyst) entitled since 2011.|
|César Valdez Mindof. César Mindof is the Director responsible for the M&A Department. He has over 17 years of experience on banking and has already worked for many financial institutions, such as Santander, Itaú BBA and Pine. César holds a Bachelor’s Degree in Computer Science from ULBRA and a Post-graduation degree in Finance from Fundação Dom Cabral.|
|Daniel Credidio Brandão Barbosa de Oliveira||Comercial Corporate|
|Daniel Credidio Brandão Barbosa de Oliveira. Daniel Credidio is an Officer at Banco ABC Brasil, responsible for the Corporate Commercial area. He joined the bank in 2011, being elected as an Officer in 2016 (pending of approval by the Central Bank of Brazil). He has 21 years of experience in commercial bank, having worked at relevant financial institutions such as Banco Safra, J. Safra, HSBC, Sudameris and ABC AMRO. Daniel holds a Bachelor’s Degree in Business Administration from Paulista University – UNIP.|
|David Tadeu Panico||Mergers & Acquisitions|
|David Tadeu Panico. David Panico is an Officer at Banco ABC Brasil, responsible for the Mergers & Acquisitions are. He joined the bank in 2015, being elected as an Officer in 2016 and leading the repositioning of Banco ABC Brasil in the M&A market. He has over 20 years of experience in Investment Banking, as part of relevant financial institutions such as Citigroup, Bank of America Merrill Lynch, Itaú BBA, UBS Investment Bank, Credit Suisse First Boston Garantia and Espírito Santo. David holds a Bachelor’s Degree in Industrial Engineering from University of São Paulo, and an MBA from Cornell University, USA.|
|Dieter Klemz||Comercial Large Corporate|
|Dieter Klemz. Economics degree – Fundação Universitária de Blumenau. Formerly with Banco Bradesco S.A. ‘s FX dept (1982-1985), Intex S.A. Coml. International (1985-1988) closing out FX and Exporter transactions with financial institutions; Citibank N.A. (1988-1990) analyzing export documentation, credit cut-offs and remittances for collection and discount abroad; Lloyds Bank PLC (1990-1992) FX desk for the state of Santa Catarina; Banco Nacional S.A. (1992-1995) FX trading desk, derivatives, funding, BNDES lending /onlending for the state of Santa Catarina; Banco Sogeral S.A. (1995-1998) trade finance; HSBC (1998-2000) as Middle Market coordinator. With Banco ABC Brasil S.A. since 2000, is the Officer responsible for Commercial Corporate -South Region.|
|Edgard de Souza Toledo Neto. Edgard is the Director responsible for ALM, Pricing and Liquidity Department. Started his carrier in the Bank in 2003 in the Credit Department and stood until 2007 when he moved to the Treasury. Worked on Pricing, Flow Desk and ALM where he took place as Superintendent in 2017 and Director in 2019. Edgard is graduated on Civil Engineering at the University of São Paulo. He is also post-graduated on Business Management at Getúlio Vargas Foundation and is CFA (Chartered Financial Analyst) entitled since 2010.|
|Everthon Novaes Vieira||Credit Analysis|
|Everthon Novaes Vieira. Everthon is head of Credit Analysis department and carries 10-year background in the financial market. Everthon started his career in Novartis and later moved to companies as Johnson&Johnson, and financial institutions as the Inter-American Development Bank, HSBC and the Consultancy Ernst Young. He is graduated in Business Administration at EAESP-FGV and owns a MBA at G. Washington School of Business. He works at Banco ABC since December, 2017, and started as the Superintendent responsible for Project Finance and capital markets risk management.|
|Felipe Sene Tamburus||Legal|
|Felipe Sene Tamburus. Felipe holds a bachelor degree in Law at Mackenzie University and is specialized in Tax at PUC/SP. He joined the Bank in 2011 and has been in charge of the business division of the Legal department, managing the investment banking and commercial bank teams. He has worked in other financial institutions, such as Unibanco, from 2000 to 2004 and HSBC Bank Brasil from 2007 to 2010.|
|Fernando Vasquez Fernandes||Comercial Corporate|
|Fernando Vasquez Fernandes. Fernando Vasquez Fernandes is an Officer at Banco ABC Brasil, responsible for the Corporate Commercial area. He joined the bank in 2012, being elected as an Officer in 2016. He has over 20 years of experience in commercial bank, having worked at relevant financial institutions such as Banco Votorantim, Citibank, Banco BMC and BankBoston. Fernando holds a Bachelor’s Degree in Economics from UniSantana, and an MBA in Corporate Finance from FGV.|
|Gustavo Henrique Tavares Silva Bellon||Debt Capital Markets|
|Gustavo Henrique Tavares Silva Bellon. Holds a BSc Degree in Mechatronics Engineering by Polytechnic School of University of São Paulo and has over 20 years of experience in the financial market, especially in the capital market. Started his career in 1997 at Citigroup, having also worked at ING and Itaú BBA, where has served in the last 10 years in the fixed income area, being responsible for the origination and execution of debt transactions in the Corporate, Middle and Financial Institutions segments. Joined Banco ABC Brasil in October 2014, where is responsible for the Debt Capital Markets area.|
|Gustavo Machado Vieira de Almeida||Digital Business|
|Gustavo Machado Vieira de Almeida. Mr. Gustavo Machado holds a bachelor degree in Business Administration at Universidade Paulista and holds a MBA focused in Projects at Fundação Instituto de Administração (FIA). He joined the Bank in 2018 after a career of 13 years at Banco Santander Brasil.
*Pendent of approval from the brazilian Central Bank.
|Leila Maria de Carvalho Rocha||Accounting|
|Leila Maria de Carvalho Rocha. Accounting degree from Universidade de Mogi das Cruzes, Executive MBA in Finance from IBMEC-Business School (Insper). Over 20 years of experience in accounting, starting career at Ernst&Young and with financial institutions including Banco de Investimentos CSFB Garantia, Banco Santander, and Banco Standard de Investimentos. Currently, is the Officer responsible for the Finance area.|
|Livia Sousa Santana||Human Resources|
|Livia Sousa Sant’ana. Livia holds a bachelor degree in Psychology at PUC/MG and is master in business management with a focus on corporate strategy at FEAD/MG. She developed her carrier in corporations of several sectors such as industry, services, retail and engineering. She has been performing in strategic and leadership positions in Human Resources, Business Management, Labor Safety and Communication and Corporate Development. Currently, Livia is on charge of Human Resources department at Banco ABC Brasil.|
|Luiz Antonio de Assumpção Neto||Financial Institutions|
|Luiz Antonio de Assumpção Neto. Since 1997 works for Banco ABC Brasil, where started on Credit Analysis and, later on, moved to the Corporate Salesforce. He was the responsible for the implementation and the closing of Banco ABC’s payroll loans operations. Since 2011 is the Officer responsible for Financial Institutions. Luiz is also Director of ABBC (Brazilian Banks Association) and member of Febraban’s international committee.|
|Paulo Romagnoli. Civil Engineering degree – Escola Politécnica (USP). Formerly at Banco Crefisul (1982-1994) in corporate finance and credit analysis; Banco Arbi (1994-1995) in local and foreign currency products; BankBoston (1995-1999) in structured finance, securitization programs, structured prepayments, and tax planning; Banco Itaú BBA (1999-2010) in Products and Services. With Banco ABC Brasil S.A. Since 2010 works at Banco ABC Brasil, where he is the Officer responsible for Products.|
|Renato Otranto*||Comercial Large Corporate|
|Renato Otranto.* Mr. Renato Otranto holds a Bachelor’s degree in Economics by Universidade Presbiteriana Mackenzie and the professional certification ANBIMA CPA 20. He joined the Banco ABC Brasil in June 2000, reaching the positions of Analyst, Sales Manager, and Financial Institutions Sales Manager. In 2007 he left Banco ABC Brasil and pursued his career in other institutions, such as Standard Bank between October 2007 and March 2010; Banco Votorantim between March 2010 and June 2011; and BES Investimento do Brasil between June 2011 and September 2014. In September 2014 he has returned to the Banco ABC Brasil to work on the origination and structuring of capital market transactions as well as on transactions’ renegotiation. Mr. Otranto os responsible for the Commercial area for the Large Corporate segment, reporting to the Vice-President Mr. Antonio Sanchez Junior.
*Election pending Brazilian Central Bank’s approval.
|Ricardo Gentile Rocha||Distribution|
|Ricardo Gentile Rocha. Holds a BSc Degree of Business Administration and Accountancy by University Paulista – UNIP, and a specialization in Finance by IBMEC São Paulo. Works in the financial markets since 1994, helding different positions in several financial institutions, such as Banco Bradesco (from March 1994 to July 1999), Banco Boavista Interatlântico (from July 1999 to July 2000), Banco Santander Brasil (from July 2000 to March 2007 and from November 2008 to February 2014) and Banco Real ABN AMRO (from April 2007 to November 2008). Joined Banco ABC Brasil in March 2014, where is responsible by the Distribution of Local Debt Capital Markets Transactions.|
|Rodrigo Cordeiro||Data Science|
|Rodrigo Andreos Cordeiro. Mr. Rodrigo Cordeiro holds a bachelor degree in Engineering at Escola Politécnica – USP and joined the Bank in 2008 as a trainee. After the job rotation program, he started to work in the Products Department managing and developing products for the following divisions: Foreign Currency, Trade Finance, Local Currency Loans, Agribusiness, Standby L/C, Credit Assignment, Syndicated Transactions and Project Finance.
*Pendent of approval from the Brazilian Central Bank.
|Rodrigo Montemor||Comercial Large Corporate|
|Rodrigo Montemor. Rodrigo holds a Bachelor´s degree in Business Administration from ESPM and a post-graduate degree in Finance from IBMEC-SP. He has over 10 year of experience in financial institutions always in the Commercial area, having served in the commercial area of BankBoston (2004-2007), Banco Itaú (2007) and Banco Pine (2007-2017), in the latter as Executive Commercial Officer. Currently, is the Officer responsible for the Corporate area and reports to the Commercial Vice-Presidence.|
|Rodrigo Sotero Galvão||Comercial Large Corporate|
|Rodrigo Sotero Galvão. Graduated in Economics by the Federal University of Rio de Janeiro. Rodrigo has more than 20 years of experience in financial institutions. He worked at Banco Pactual from 1996 to 1999, at Banco Votorantim from 1999 to 2013 and at Banco Safra from 2014 to 2018. Since the beginning of his carreers he has been working in commercial areas. At Banco ABC Brasil, he manages one of the Large Corporate departments and reports to the Commercial Vice-Presidence.|
|Waldecir dos Santos Junior||Technology|
|Waldecir dos Santos Junior. Computing Technology degree, major in Software Engineering and Systems Development from ITA. Business Administration postgraduate degree with specialization in Finance and Banking from Fundação Getúlio Vargas/SP. Formerly at Banco Santos S.A. (1999-2005), in IT. He is in Banco ABC Brasil S.A. since 2005, and is currently in charge of IT, Operations and Information Security departments.|