Edition:
United States

Banco Indusval SA (IDVL4.SA)

IDVL4.SA on Sao Paolo Stock Exchange

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30 Sep 2016
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Summary

Name Age Since Current Position

Manoel Felix Cintra

2011 Chairman of the Board

Luiz Masagao Ribeiro

2012 Co-Chief Executive Officer, Member of the Executive Board, Secretary of the Board, Director

Jair Neto Ribeiro Da Silva

2011 Member of the Executive Board, Co-Chief Executive Officer, Director

Carlos Ciampolini

2012 Vice Chairman of the Board

Afonso Hennel

2013 Vice Chairman of the Board

Gilberto Barshad Faiwichow

2011 Vice President, Investor Relations Officer, Member of the Executive Board

Andre Jacintho Mesquita

2011 Vice President, Member of the Executive Board

Claudio Roberto Cusin

2011 Member of the Executive Board, Executive Officer

Jair da Costa Balma

2011 Member of the Executive Board, Executive Officer

Antonio da Rocha

2008 Director

Roberto de Rezende Barbosa

65 2013 Director

Alain Juan Pablo Belda

Independent Director

Alfredo de Goeye

Independent Director

Guilherme Affonso Ferreira

Independent Director

Walter Iorio

Independent Director

Biographies

Name Description

Manoel Felix Cintra

Mr. Manoel Felix Cintra Neto has served as Chairman of the Board of Directors of Banco Indusval SA since May 6, 2011. Previously, he acted as Chief Executive Officer, Vice Chairman of the Board of Directors and Member of the Executive Board of the Bank since 2003 until May 6, 2011. Moreover, he is Member of the Bank's Compensation and Benefits Committee. He worked at Banco Bozano, Simonsen, where he began his career in 1970 as Trainee, working until 1984, when he was General Manager for Sao Paulo region; at Banco Multiplic, from 1985 to 1995, where he was Executive Officer and Chief Executive Officer, and at Multiplic Corretora de Valores Mobiliarios, between 1997 and 1999, where he was Partner and CEO. From December 1999 to April 2003, he was appointed CEO and Partner of Banco Multistock, Multistock SA Corretora de Cambio e Valores, Maxima Promotora de Vendas Ltda. and Maxima Financeira Credito Financiamento e Investimento SA. He also served as Director, from 1987 to 1990, and President, from 1990 to 1992, of ANBID; Executive Officer of FEBRABAN from 1989 to 1995; Vice Chairman of the Board of Directors of CBLC from 1999 to 2003; Vice Chairman of the Board of Directors of the BM&F from 1994 to 1997, and Chairman of BM&F from 1997 to May 2008. He also took part in the management of several representative institutions related to the financial market, such as Fundo Garantidor de Credito (FGC), Conselho Empresarial Brasil-China, Conselho de Empresarios da America Latina, and Conselho Gestor de Inteligencia do Cafe COSEC. Currently, he is Chairman of the Board of Directors of The National Association of Securities, Exchange and Commodities Brokerage Firms (ANCOR), Member of the Fiscal Board of Fundo Garantidor de Credito (FGC) and Member of Conselho Superior de Economia do Instituto Roberto Simonsen. He graduated in Economics from Universidade Presbiteriana Mackenzie.

Luiz Masagao Ribeiro

Mr. Luiz Masagao Ribeiro has served as Co-Chief Executive Officer, Member of the Executive Board, Secretary of the Board, and Member of the Board of Directors of Banco Indusval SA since 2012. Previously, he served as Co-Chief Executive Officer, Member of the Executive Board, and Member of the Board of Directors of the Bank from May 6, 2011 to 2012, as well as Chairman of the Board, Managing Director, and Member of the Executive Board of the Bank from 2003 to May 6, 2011. From 1998 to 2003 he was Chief Executive Officer, Member of the Executive Board of the Company. He has been Member of the Bank's Executive Board since 1998. Moreover, he is Member of the Bank's Compensation and Benefits Committee. He became Secretary of the Bank's Board in 2012. He began his career with Indusval Corretora de Titulos e Valores Mobiliarios in 1971. He was appointed Officer in 1973 and, in 1988, he was elected Chief Executive Officer, serving until May 2008. He was Member of the Board of Directors of the Sao Paulo Stock Exchange - BOVESPA in the period from 1980 to 1981 and from 1987 to 1992. He was also Chairman of the Board of the Mercantile and Futures Exchange - BM&F from 1986 to 1991, and Member of its Board of Directors from 1998 to 2003. He was Chief Executive Officer of Banco Indusval SA in the period from 1998 until 2003, by the time of the merger with Banco Multistock. Currently, he is Director of the National Association of the Financial Market Institutions (ANBIMA). He graduated in Business Administration from Fundacao Getulio Vargas (FGV) in 1974, where he lectured from 1975 to 1979 in the Finance Department.

Jair Neto Ribeiro Da Silva

Mr. Jair Ribeiro da Silva Neto has served as Member of the Executive Board, Co-Chief Executive Officer and Member of the Board of Directors of Banco Indusval SA since May 6, 2011. Moreover, he is Member of the Bank's Compensation and Benefits Committee. He started his career in 1979, as Lawyer of the law firm Pinheiro Neto Advogados, working in the mergers and acquisitions area. He was co-Founder and CEO of Banco Patrimonio, in joint-venture with Salomon Brothers. In 1999, he leaded the sale of Banco Patrimonio to Chase Manhattan, then acting as Managing Director in the Brazilian subsidiary. After the acquisition of JP Morgan by Chase, he moved to New York, where he headed the international equities team covering Europe, Asia, South Africa, Latin America and Australia from 2001 to 2003. He was also Co-Founder of CPM Braxis SA and is currently its Vice-Chairman. Additionally, he is Managing Shareholder of Sertrading SA, Vice-Chairman of Brascom (National Association of IT Companies) and Member of the Board of Directors of Vale Fertilizantes SA. He is Founder and CEI of Casa do Saber and General Coordinator of Educations Partners Association. He holds a Bachelors degree in Economics from Fundacao Armando Alvares Penteado (FAAP), a Bachelors degree in Law from Universidade de Sao Paulo and a Masters degree in Law from the University of California, Berkeley.

Carlos Ciampolini

Mr. Carlos Ciampolini has served as Vice Chairman of the Board of Directors of Banco Indusval SA since May 6, 2011. Previously, he acted as Secretary of the Board of the Bank from March 26, 2008 till 2012. Moreover, he acted as Member of the Executive Board from 1991, and as Member of the Board of Directors from March 26, 2008 till May 5, 2011. He started his career at Indusval SA Corretora de Titulos e Valores Mobiliarios, working in several areas, such as portfolio management, investment clubs management, Stock and Mercantile Exchange trader (Bovespa and BM&F), developing experience, contributing and participating in the structuring of projects in these areas. In 1980, he was elected Member of the Executive Board, being responsible for the development, implementation and management of several activities of the brokerage house. In 1991, when Banco Indusval SA started its operations, he was named Member of the Executive Board. He is also part of the Company's controlling shareholders group. He graduated in Economics from Mackenzie Presbyterian University in 1973.

Afonso Hennel

Mr. Alfonso Antonio Hennel has served as Vice Chairman of the Board of Directors of Banco Indusval SA since November 28, 2013. He started his career in 1973 at Semp Radio e Televisao SA, the same year that he became Manager at Semp Amazonas SA. In 1976 he was promoted to Chief Executive Officer (CEO) and in 1977 to Vice President. Moreover, he was elected to take part in the Board of Directors of the company, function that he performed until 1983 when he was designated to work at the company’s headquarters in Sao Paulo as Director at the Board and as Corporative Vice President. In 1998 he became CEO, and in 2003 Chairman of the Board. He held both positions until 2013, when he returned to his original occupancy at the Board as a Director. He also integrated the Board of Director of Banco Intercap SA, from 2010 to 2013, when it was acquired by Banco Indusval SA. Mr Afonso was then elected as Director to its Board. He graduated in Business Administration from Fundacao Getulio Vargas in 1973.

Gilberto Barshad Faiwichow

Mr. Gilberto Barshad Faiwichow has served as Vice President, Investor Relations Officer and Member of the Executive Board of Banco Indusval SA since December 6, 2011. Previously, he acted as Executive Vice President of the Bank since May 6, 2011, until December 6, 2011. He has been Member of the Bank's Executive Board since May 6, 2011. He has 25 years of experience in financial markets. He started his career as Engineer at Metalpo e Combustol Industria e Comercio. In 1987, he started as stock market Analyst at Capitaltec LTDA and later at Guilder CCTVM the brokerage arm of ING Bank in Brazil. He was Head of Treasury and later CFO at ING Bank Brazil until 1992, when he started with other partners Banco Rendimento, where he served as Co-CEO and CFO until 2001. In 2003, he founded Zoom Asset Management and merged its operations with Black River Asset Management. In 2008, with Fiducia Asset Management he acquired the Brazilian operation of Black River and, in 2009, he founded BRL Capital. He graduated in Metallurgical Engineering from Escola Politecnica da Universidade de Sao Paulo in 1981 and received a postgraduate degree in Business Administration from Fundacao Getulio Vargas (FGV) in 1984. He attended for three years a Master in Economics at FGV/NYU (1985-1987).

Andre Jacintho Mesquita

Mr. Andre Jacintho Mesquita has served as Vice President and Member of the Executive Board of Banco Indusval SA since May 6, 2011. He initiated his career in 1994 as Controller at Cotia Trading where he reached the position of CEO and COO for a subsidiary in Argentina. In 2000, he joined Sertrading. In 2006, he joined Grupo da Braxis Shareholders and held CFO position there. He graduated in Business from Fundacao Getulio Vargas (FGV) and gained a degree in Economics from Universidade de Sao Paulo.

Claudio Roberto Cusin

Mr. Claudio Roberto Cusin has served as Executive Officer and Member of the Executive Board of Banco Indusval SA since August 8, 2011. He initiated his career in the sector of financial markets in 1988 at BankBoston where he held various positions in the credit area between 1994 and 1997. He also acted as Credit Executive Director at ING Bank NV Sao Paulo from 1997 to 2002. From 2003 to 2005, he acted in the financial administration sector. He joined WestLB as Credit Director and held this position between 2005 and 2006. From 2007 to 2009, he acted as Risk Officer for Brazil and Latin America at Banco Standard de Investimentos. He was also Head of Corporate Finance of Banco KdB do Brasil from May 2010 to June 2011. He is Mechanical Engineer and Economist by profession.

Jair da Costa Balma

Mr. Jair da Costa Balma has served as Executive Officer and Member of the Executive Board of Banco Indusval SA since August 8, 2011. He acted as Manager of the Resouce Capture at Fundacao Cosipa de Seguridade Social - FEMCO from 1980 to 1983. He also worked in a number of other institutions including: Banco Multiplic SA from 1988 to 1990 and from 1995 to 1997; Banco BCN Barclays SA between 1990 and 1995; Multiplic SA CTVM from 1997 to 1999; Stock Maxima SA CTVM between 1999 and 2003; and Banco Indusval SA as from 2003. He is Business Administrator and gained a postgraduate degree in Capital Markets.

Antonio da Rocha

Mr. Antonio Geraldo da Rocha has served as a Member of the Board of Directors of Banco Indusval SA since March 26, 2008. He began his career at Marcelo Leite Barbosa Corretora and, in 1973, he became Partner of Vetor Corretora. In 1975, he founded Stock Corretora de Cambio e Valores, being its Chief Executive Officer and major Shareholder. He also founded Stock Distribuidora de Valores Mobiliarios converted, in 1989, into Banco Stock SA which was later merged to Maxima Corretora and Multiplic Corretora, becoming in Banco Multistock SA. In 2003, Banco Multistock SA merged with Banco Indusval SA and was named Banco Indusval Multistock, when he took office as Executive Officer and was elected Member of Board of Directors in 2008. In 2006, he founded Stock Asset Management Adm. Gestao de Recursos Ltda, where he is Director to the present. He studied Economy for three years at Faculdades Integradas Benett, after which he fully dedicated himself to the financial market where he has operated since 1972. His education was complemented through participation in trading courses at IBMEC and Fundacao Getulio Vargas (FGV).

Roberto de Rezende Barbosa

Mr. Roberto de Rezende Barbosa has served as Member of the Board of Directors of Banco Indusval SA since November 28, 2013. Since 2009 he has been Member of the Board of Director of Cosan SA – Industria e Comercio. He is also Executive Officer at NovAmerica Group. Apart from that, he holds position as Director at the Board of Sugarcane Industry Union (Uniao da Industria de Cana de Acucar) since 1997, and, between 2000 and 2010 he was Advisor for Etanol Society Broker (Sociedade Corretora de Alcool). He took part in the Board of Directors of Semp Toshiba SA from 2006 to 2010 and, between 2004 and 2010 he was Chairman of the Board of Directors of the Sugarcane Technology Center (Centro de Tecnologia Canaviera). In 2001 he became Advisor of Industrial Development Research Center (Instituto de Estudos de Desenvolvimento Industrial), position that he held until 2010. He took a specialization in Advanced Business Administration by University of Southern California, United States, and holds an incomplete Business degree by Universidade Presbiteriana Mackenzie.

Alain Juan Pablo Belda

Mr. Alain Juan Pablo Belda serves as Independent Member of the Board of Directors of Banco Indusval SA. Moreover, he is Member of the Bank's Compensation and Benefits Committee. He worked for four decades at Alcoa Group, from 1969 when he was hired by the Brazilian subsidiary. He took diverse positions in the Financial and Planning areas before being nominated CEO of Alcoa Aluminio in 1979, Vice-CEO for Latin America from 1982 to 1991 and CEO from 1991 to 1994, when he became Vice-CEO for Alcoa Inc. He was the main executive of Alcoa Inc. from May 1999 to May 2008, when he was nominated Chairman of the Board of Directors. Currently, he is Independent Member of the Board of Directors of Renault SA, Citigroup Inc. and International Business Machines Corp (IBM), additionally to participating and managing a series of associations and institutions, in Brazil and abroad, tied to education and philanthropy. He is CEO of Warburg Pincus LLC and heads the investments of this private equity fund in Latin America since 2009. He holds a degree in Business Management from Universidade Presbiteriana Mackenzie.

Alfredo de Goeye

Mr. Alfredo de Goeye Jr. serves as Independent Member of the Board of Directors of Banco Indusval SA. He worked in the financial market and in the equipment and machinery industry from 1969 to 1979. In November 1979, he started his period at Cotia Trading. He headed the business of the Nigerian Market for eight years. He worked for Cotia during 21 years holding various posts in Brazil and abroad. From 1994 to April 2000, he was Vice President of Sales of Cotia. In the second half of 2000, he co-founded Sertrading SA and, in 2002, Serlac Trading SA. In 2006, he co-founded Braxis SA, where he currently acts as Board Member. He is CEO of Sertrading Group, as well as Member of CONEX and he Brazilian Foreign Trade Chamber that is tied to the Federal Government by means of the Ministry of Development, Industry and Foreign Trade (MDIC). He acts also as officer at the Brazil-China Entrepreneurial Council. He obtained a degree in Business Management from Fundacao Getulio Vargas (FGV) in 1974.

Guilherme Affonso Ferreira

Mr. Guilherme Affonso Ferreira serves as Independent Member of the Board of Directors of Banco Indusval SA. He started his career as an investment analyst at Banco Nordeste. At Bahema SA he acted in diverse areas from 1976, from Financial Manager to CEO and, currently, he is CEO of Bahema Participacoes SA. In the past, he was Member of the Board of Directors of Unibanco, Unibanco Holding, Submarino, B2W, Santista Textil and Avipal, from 1998 to 2010. He is Board Member of Sulamerica Seguros, Pao de Acucar, Tavex, Eternit and Arezzo, as well as he has been Member of the Consulting Board of Signatura Lazard and Rio Bravo Investimentos since 2006. He obtained a degree in Production Engineering from Escola Politecnica at Universidade de Sao Paulo (USP) in 1975, a degree in Economics and Political Science from Macalester College and attended specialization courses at James Cook University in 1976.

Walter Iorio

Mr. Walter Iorio serves as Independent Member of the Board of Directors of Banco Indusval SA. From 1966 to 2005, he worked at KPMG Brasil and was partner of the Executive Committee, the Financial Services practice and partner responsible for human resources. He is Member of the Taskforce on financial institutions of the Institute of Independent Auditors of Brazil (IBRACON). He was Coordinator of the Chamber of In-house Control at the Regional Accounting Council of Sao Paulo (CRC-SP) for 2006/2007. He has been Chairman of the Audit Counsel at Tokio Marine Brasil Seguradora SA and Tokio Marine Seguradora SA, as well as Member of the Audit Counsel at Sul America Companhia Nacional de Seguros and Sul America Seguros de Vida e Previdencia SA and Superintendent Director at KPMG PREV - Sociedade de Previdencia Privada. He obtained a Bachelors degree in Accounting from Fundacao Armando Alvares Penteado (FAAP) in 1969.