Our Board of Directors is responsible, among others, for defining the strategy and general orientation of the business, and meets ordinarily, once a month, according to the established calendar and, extraordinarily as necessary.

According to our bylaws and internal charter, the Board of Directors must consist of five to nine members, of which two or 20%, whichever is greater, must be Independent Members. The Board Members are elected at the General Shareholders Meetings to two-year terms, with the possibility of re-election, and are subject to dismissal at any time.

Click here to access the Board of Directors internal charter.

Our Board of Directors is currently composed of nine members of whom four are independent members, as shown in the table below:

IM: Independent Member
The term of the Board members extend until the investiture of those elected at the General Shareholders Meeting to be held in 2024.

Ricardo Annes Guimarães: graduated in Business Administration from Una – Faculdade de Ciências Gerenciais in 1988. With extensive experience within Bmg and the Bmg Business Group, he started working at Banco Bmg in 1980 and has since been very successful as CFO (1989) and then as Vice President (1996). He served as CEO of the Bank between 2004 and 2013. In 2019, he was elected member of Bmg’s Board of Directors and in February 2020 he was elected Chairman of the Board of Directors.

Olga Stankevicius Colpo: she has a degree in Organizational Psychology and in International Executive MBA from FIA/USP. She took the following specialization courses: Managing Managers from Michigan University, International Business from Harvard University, Singularity University and Advanced Course for Board Members by IBGC. She was a consulting partner at PwC, where she worked for more than thirty years, until 2009. From 2009 to 2016, she was the Chief Executive Officer of Participações Morro Vermelho, the Mover S.A.’s family holding company. As a Consultant, Board Member and Executive, she supported boards of directors and companies in implementing more robust family and business governance models and new business management systems. She was member of the Board of Directors of Copel S.A. for 4 years (until 2021), and is currently also a member of the Board of Directors of Grupo São Martinho S.A. and Solvi S.A. In April 2017, she became an independent member of Bmg’s Board of Directors. In February 2020, she as elected Vice-Chairperson of the Board of Directors.

José Eduardo Gouveia Dominicale: he holds a Law degree from Braz Cubas University and an MBA in Management from IBMEC. He gained experience in the credit risk and collection process at several national and international banks, such as Banco Martinelli, BankBoston and CitiGroup. In 2007, he was appointed Executive Director of Bmg and in 2015 he left the Bank to become Vice President of the Bmg Entrepreneur Group.

Ângela Annes Guimarães: she has a bachelor’s degree in Social Studies from PUC-MG, has been an executive officer of several non-financial companies belonging to the Guimarães family, a member of the Executive Committee of Bmg Financial Companies since 1993 and a member of Bmg’s Board of Directors.

Antônio Mourão Guimarães Neto: he graduated in Business Administration from Una – Faculdade de Ciências Gerenciais in 1980. He works in the management of agricultural companies of business groups belonging to the Guimarães Family. He has been a member of the Executive Committee of Bmg Financial Companies since 1993 and was a member of Bmg’s Board of Directors from 1978 to 2011. In 2019, he was elected member of Bmg’s Board of Directors.

Dorival Dourado Jr.: he holds a degree in Business Administration from Faculdade Associadas de São Paulo, specializing in Business Management. He has experience in many companies in the media and financial sector as President and executive positions, such as: Mova Sociedade de Empréstimo entre Pessoas, Vector Inovação e Tecnologia, Boa Vista-SCPC, Experian Global Services and Serasa, among others. In addition, Mr. Dorival has served in several Boards of Directors and Advisory,  such as Secretaria de Inovação e Tecnologia da Prefeitura de São Paulo, Semantix Tecnologia S.A., Avante.com.vc Soluções e Participações S.A., ABFintech (Associação Brasileira de FinTechs), Omni Soluções Financeiras and Febraban. He is an angel investor and involved with the innovation and entrepreneurship ecosystem. In April 2020, he was appointed as an independent member of Bmg’s Board of Directors.

Gueitiro Matsuo Genso: he holds a bachelor’s degree in Business Administration from Faculdade SPEI, and a MBA from FGV and ESALQ. He has extensive experience in the financial market and in the startups ecosystem, leading projects focused on technology for financial services and payment solutions. He served as an executive at a number of companies, including Picpay, Banco do Brasil, and Previ. He has also served and still serves on several boards of directors and advisory boards, such as Vale, Cielo, BB Seguridade and Tupy. In addition, he is an investor, mentor and consultant in startups. In 2022 he was elected an independent member of the Board of Directors of Bmg.

Manuela Vaz Artigas: she has a degree in Economics from Universidade Estadual de Campinas (Unicamp), with MBA from Anderson Business School at the University of California Los Angeles, where she graduated as a member of the Anderson Business Society and received the Fred Weston Excellence finance award. Furthermore, Ms. Manuela has solid experience in strategic, organizational and operational issues of national and multinational companies. In July 2020, she was elected as independent member of Bmg’s Board of Directors.

Marco Antonio Antunes: he has a degree in Metallurgical Engineering from Universidade Presbiteriana Mackenzie and a degree in Finance and Accounting from the University of São Paulo. He has worked for over 30 years in the financial market, with 28 years at Itaú Unibanco, 13 of them as Director of Accounting. In February 2013, he joined Bmg as Executive Director. In September 2017, he was elected Executive Managing Director of Banco Bmg, in February 2020, he was elected Executive Vice President and in August 2020 he became the Investor Relations Officer. In October 2021, he was elected as member of the Bmg’s Board of Directors.

The Board is responsible for conducting our business, as well as for executing our strategy.

Elected by the Board of Directors, the members of the board of directors serve three-year terms, with the possibility of re-election, and are subject to dismissal at any time.

The current Board members are listed below:

¹ The term of office of all officers will be extended to the first Board of Directors Meeting held after the 2024 General Shareholders Meeting.

Luis Felix Cardamone Neto: he is graduated in Business Administration from Faculdade de Administração de Empresas de Santos and attended an MBA in Finance at IBMEC (incomplete). He has a solid career in the financial market and means of payment, he has served as CEO of Banco Fibra, CEO of ConectCar, Vice-President of Banco ABN AMRO Real/Grupo Santander Brasil. He also has extensive experience on Boards of Directors, currently sits on the Board of Flora Energia and he worked for companies in a variety of sectors, including insurance and means of payment. He has been active in the ABBC, FEBRABAN, ABECIP and ABECS associations. Furthermore, he is active in the innovation ecosystem as an angel investor in several startups. He was elected CEO of Banco Bmg in March 2023.

Flávio Pentagna Guimarães Neto: he has a bachelor’s degree in Business Administration from IBMEC, an MBA from Columbia University and has worked for BCP Securities, Lloyds TSB Bank and Itaú Unibanco, working for 11 years in the financial market. He was a member of our board of directors, he has participated in several strategic processes and was a member of the board of directors of Banco Itaú Bmg Consignado. In September 2017, he was elected Executive Officer. In May 2021, he was elected Executive Vice President and in February 2022 he started to accumulate the position of Investor Relations Officer.

João Guilherme de Andrade So Consiglio: he holds a bachelor’s degree in Economics from FEA-USP, with a “post laurea” from Universidade Degli Studi di Genova, Italy. He has more than 25 years of experience in the financial market in the areas of corporate banking, products and financial advisory, acting as a partner at Guilder Capital, as vice president at Santander Brasil and at Banco ABN-AMRO. He served and still serves on several Boards of Directors, such as Unipar, You Inc., GetNet, among others. Also, he is a member of the IBGC Board of Directors Commission. In June 2023, he was elected Executive Vice-President of Bmg.

Andrea Milan dos Santos: she has a degree in Business Administration from UFSC, an MBA in E-Business from FGV/RJ and a Master’s degree in Psychology from PUC/RJ. She has more than 20 years experience in human resources, people management and culture and ESG management in national and multinational companies, has worked as executive at Aon Brasil, Zurich Seguros, Santander, Shell, among others. In October 2023, she was elected Director of Bmg.

Carlos André Hermesindo da Silva: graduated in Accounting Sciences from Fundação Escola do Comércio Álvares Penteado, with a specialization in Accounting and Finance from the University of São Paulo and an Executive MBA in Finance from INSPER. He has over 25 years of experience in finance and risk on Financial Institutions, with executive positions at Itaú, Banco Original and Banco Voiter and as a Board Member at PicPay. He joined Banco Bmg in November 2021 and was elected Director in December.

Edilson Pereira Jardim: holds a degree in foreign trade and a postgraduate degree in marketing from Universidade Paulista and an MBA in business management from Fundação Getúlio Vargas. He has been working in the financial market for over 35 years, having worked at Itaú Unibanco and Banco Original in managing relationships with individual and corporate clients. He joined Banco Bmg in January 2023 and in the same month was elected as Director.

Eduardo Vasconcelos Antonio: graduated in Telecommunications Technology from UNICID and has a postgraduate degree in IT Management Applied to Business from FASP. He has over 30 years’ experience in information technology and quality and efficiency in operations, having led digital transformation processes. He worked as an executive at Conectcar and Serasa Experian. In January 2024, he was elected Director of Bmg.

Felice Italo Napolitano: holds a bachelor’s degree in Accounting from PUC / SP, an MBA in Finance from IBMEC. Has more than 27 years of experience in auditing, including 23 years in the financial market, of which 15 years at Banco ABN AMRO Real, as well as other companies such as Coopers & Lybrand and Banco Caixa Geral de Depósitos. Responsible for the Internal Audit Area of Bmg since 2013 and permanent guest of the Audit Committee, he was appointed Director in 2018.

Lauro Leite Silva: he is graduated in Electrical Engineering from PUC-RJ, with an MBA in Finance from IBMEC/INSPER and an MBA in Business Administration from Harvard Business School. He studied Strategic Management in Banking at INSEAD in France. He has more than 30 years experience in the financial market in the areas of corporate and investment banking, products, capital markets and commercial, has worked as executive at Santander Brasil, ABN-AMRO, Itaú, among others. He also serves on the fiscal council and advisory board. In October 2023, he was elected Director of Bmg.

Luciana Buchmann Freire: holds a Law degree from the University of São Paulo (USP), specializing in Business Law, and has 20 years of experience in the financial market. A lawyer with an emphasis on international banking law, in 1999 she became the executive director of Rabobank Brasil, in 2001 she headed the legal department of Banco Fibra and was appointed statutory director in 2007. In 2013, she joined Banco Bmg and in 2018 she was appointed Director.

Ricardo Tadashi Takeyama: he holds a bachelor’s degree in Statistics and a master’s degree in Statistics and Probability, both from Unicamp. He has more than 18 years of experience in the financial market, mainly in the areas of credit and collection, risks and operations, having worked as an executive at Itaú, Citibank, Banco Pan, Tribanco, among others. In June 2023, he was elected Director of Bmg.

Roberto Fonseca Simões Filho: has a degree in Business Administration from FGV and an MBA in Finance from the Ibmec Business School. He has 26 years of experience in the financial market, with extensive expertise in treasury, asset management and risk management. He was board member and CFO at Haitong Brazil, where he worked for 15 years and has accumulated experience in other financial institutions. He joined Banco Bmg in December 2020 and in May 2021 was elected Director at Banco Bmg.

The Fiscal Council is a corporate body, independent from the management and external auditors. Its responsibility is to monitor management activities, review our financial statements and report its conclusions to the shareholders.

Our Fiscal Council is permanent, installed at 2020 Ordinary General Meeting, with reelection of members at 2023 Ordinary General Meeting and will operate until 2024 Ordinary General Meeting. It is currently composed of three effective members and three alternate members.

Fernando Marques Cleto Duarte: holds Economy degree from Universidade Presbiteriana Mackenzie and Law degree from Universidade de São Paulo (USP). He served as a member of the fiscal council of Alpargatas S.A., as a consultant on the fiscal and corporate control board of Itaú Unibanco S.A. and, for two consecutive mandates, as a counselor appointed by the Confederação Nacional das Instituições Financeiras/Febraban on the Conselho Administrativo de Recursos Fiscais (CARF). He currently advises on tax, corporate and regulatory matters and is an MBA professor.

Fernando Antônio Fraga Ferreira: holds a Law degree from the Pontifícia Universidade Católica de Minas Gerais (PUC-MG), and a doctoral student in Legal and Social Sciences from UMSA/Argentina. He currently serves as a founding partner and executive director of Ferreira e Chagas Advogados, and has extensive experience as a member of the board of directors of companies.

Mirtes Kinuko Yamamoto: has a degree in Public Administration from Fundação Getúlio Vargas (FGV) and in Law from Universidade de São Paulo (USP), holds a MBA in Controllership from USP and MBA in Contemporary Management from FGV. He worked from 1993 to 2019 at the Central Bank of Brazil, managing supervision teams for medium and small, private, national and foreign banks, in many segments of operation, as well as supervision teams for financial and consortium administrators.

Flávio de Sousa Franco: holds a degree in Civil Engineering. He was managing partner of several companies, such as Distribuidora de Bebidas Leão do Bonfim (AMBEV) and FJR Seguros Ltda. Mr. Flávio currently holds the position of managing partner at Sousa Franco Assessoria Empresarial.

Paulo Henrique Santana Barbosa: holds a Law degree from Universidade São Judas Tadeu and an Accounting degree from Universidade Católica de São Paulo (PUC-SP). He also has an executive MBA in Finance from the New York Institute of Finance/Saint Paul Business School. He developed his career in large corporations such as PricewaterhouseCoopers and Martin-Brower and is currently a partner at RVC Consultoria e Assessoria Empresarial.

(*) Election pending by approval by the Brazilian Central Bank.