Audit Committee
The Audit Committee acts as an advisory body to the Board of Directors, with an advisory and supervisory role in the activities of ABC Brasil and its subsidiaries, intermediating internal and external auditors to ensure compliance with legal and regulatory requirements and internal regulations, guaranteeing: (i) the quality and integrity of financial reporting; (ii) the qualifications and independence of internal and external auditors; (iii) that internal and external auditors’ functions are carried out effectively; and (iv) the quality, adequacy, and effectiveness of the internal control system. It is currently composed of the following members:
- Juliana Buchaim Correa da Fonseca (Chairwoman)
- Maria Luiza Lage de Mattos Levi
- Claudio Roberto Frizão Rey (Accounting specialist)
Risk & Capital Committee
ABC Brasil has a Risk & Capital Committee which reports to the Board of Directors and it is responsible for the following: supervising risk and capital management processes; evaluating the risk appetite levels set out in the Risk Appetite Statement (RAS); making recommendations to the Board of Directors for policy approval; supervising the Chief Risk Officer’s performance, among other duties. The Risk & Capital Committee is currently composed of the following members:
- Renato Pasqualin Sobrinho (Chairman)
- Juliana Buchaim Correa da Fonseca
- Khalil Ebrahim Nooruddin
Remuneration, People & Sustainability Committee
Annually reviews the management Compensation Policy and proposes to the Board of Directors the compensation and benefit strategies, special programs for recruiting and dismissing managers; as well as monitoring the activities defined in the ESG agenda for the effectiveness of the Social, Environmental and Climate Responsibility Policy (PRSAC). It is composed of members and Board members as well as one external member, a compensation consultant, who contributes with his experience and global market vision. It is currently composed of the following members:
- Roberto Pedote (Chairman)
- Abdulaziz Fahad AlHudaib
- Marco Santana (Independent member)