Amec’s Board of Directors is composed by 15 members, 11 of which are reminiscent of the previous administration. This time, the board elected Marcos de Callis (Hieron) as the new Chairman in a meeting on April 29 (you can read an exclusive interview with him in this issue of Viewpoint Amec). He replaces Walter Mendes (Vivest), who remains as a Board Member. In this meeting, new Board Members Jaime Gornsztejn (Hermes), Milton Cabral Filho (Bram), Paulo Cesar Werneck (BTG Pactual), Raquel Diniz (Santander) and Regis Abreu (Tagus) took office.
Amec also has an Advisory Board, made up of the following members: Alfredo Egydio Setúbal (Itaú), Luis Stuhlberger (Verde), Will Landers (BTG Pactual), Walter Mendes (Vivest), and Marcos de Callis, the Chairman. In the Auditing Committee, Keite Bianconi (Metrus) and Marcos Matsutani (Constellation) have been re-elected and Desire Oliveira (Garde) has joined for the first time.
Amec is committed to supporting a stronger feminine presence in the Brazilian Capital Market and is delighted to announce a significant development within our governance structure. The above-mentioned new members of Amec’s Boards (Desire Oliveira, Keite Bianconi and Raquel Diniz) join Daniela Costa-Bulthius (Robeco) and increase the number of women to four representatives.
Check the comments of the members of the Board of Directors:
Jaime Gornsztejn is a corporate governance and stewardship director at Federated Hermes. He has worked as an executive for state-owned development bank BNDES in the segments of manufacturing, capital markets, infrastructure, and international affairs.
“Amec has a vital mission in developing the Brazilian capital market by supporting the rights of minority shareholders in Brazilian listed companies, fostering the best governance practices, and expanding the stewardship culture among investors in the country. These are some essential components to create value sustainably. I join Amec’s Board of Directors with enthusiasm and a sense of duty, looking forward to contributing to the Management Board and the other governance bodies to fulfill the association’s mission.”
Milton Cabral Filho is the senior manager for Equities at Bradesco Asset Management (Bram). He holds a bachelor’s degree and a specialization in Business Management and Finance at EAESP-FGV, and he has worked at Unibanco, Citibank, and Fator banks. He has also worked for Unibanco in London.
“We hope to collaborate with Amec by paying attention to the dynamics of capital markets and the interaction between several components of this sector. Amec is increasingly recognized for its ability to solve conflicts, apart from taking the Environmental, Social, and Governance (ESG) aspects into account in the investment processes, monitoring financial assets’ issuers, paying close attention to the exercise of voting rights, fostering a collective engagement culture and giving more transparency to stewardship activities.”
Paulo César Werneck is an executive director at BTG Pactual Asset Management. He has worked as investments director at Funcef. Previously, he has also worked for Haitong bank, Icatu Hartford, and ABN Amro Real.
“Amec’s role is really important to defend practices that provide the necessary support for the development of capital markets and the strengthening of governance. The association also has an important role in spreading the word about ESG – which can’t be held back. The association must protect minority shareholders’ rights, but also care for the social impact of the business carried by invested companies. Historically, the association has developed independent actions to promote more engagement among members and improve governance best practices.”
Régis Abreu is a partner and manager of Tagus Investimentos. He has over 25 years of experience, having worked at Bozano Simonsen Bank, Santander Asset Management, Mercatto Investimentos and Bozano Investiments.
“Amec has a critical role in taking care of and building healthy corporate governance in the Brazilian capital market. It has been a relevant player in the most relevant debates that brought us to the current state we are in. This role will be even more important and necessary to face the current challenges and the growing complexities, as ESG topics are combined with the increasing access of new companies to capital markets, as we have been seeing lately.”
Board of Directors
Chairman: Marcos de Callis
Board Members: Daniela Costa (Robeco), Eduardo Penido (Opportunity), Helder Soares (Claritas), Jaime Gornsztejn (Hermes), Marcelo Farias (BB DTVM), Milton Cabral Filho (Bram), Paulo Cesar Werneck (BTG Pactual), Paulo Corchaki (Trafalgar), Pedro Batista (3G Radar), Pedro Rudge (Leblon), Raquel Vieira Diniz (Santander), Régis Abreu (Tagus), Renato Eid Tucci (Itaú), Walter Mendes (Vivest).