Jorge Simino is Amec’s new representative in Apimec’s Supervisory Board

Jorge Simino, Director of Investments at Funcesp and VP of Amec, will represent the association in Apimec’s Supervisory Board of Capital Market’s Analysts. The board is composed of nine members and, among other competencies, it is responsible for judging administrative appeals involving investment analysts. Among Simino’s challenges in his new position is the task of incorporating environmental, social and governance (ESG) issues into the work routine of investment analyses.
“The society has evolved and we know these factors have positive and negative impacts on share prices,” Simino said. “Analysts need to include these issues in the companies’ analyses. However, analyzing these factors and translating them into figures is not an easy task,” Amec’s VP explained.
With a 38-year experience in the market, Simino joined the job marketplace when most listed companies had only preferred shares, with no voting rights. He saw the market change after the 2000s, with the creation of the Novo Mercado listing segment and a growing adherence of companies to the new segment. He believes the same will happen with the incorporation of ESG factors into the analyses, which should soon become the rule, not the exception.