Search Investor Relations

Management Board

Board of Directors

The board of directors is the supervisory board of the Bank as set out in our by-laws and in applicable legislation. The board of directors is responsible for guiding the business of the Bank and its subsidiary and associated companies in Brazil.

Since September 2, 2009, and as provided for in our by-laws, the board of directors is comprised of a minimum of five and a maximum of twelve members, elected at the shareholders’ meeting for terms of two years. A minimum of 20.0% of the members of the board of directors must be independent directors. The board of directors has a Chairman and a Vice Chairman each elected at the general shareholders’ meeting by majority vote.

The Board shall meet, ordinarily, 9 (nine) times a year and, extraordinarily, whenever called by the Board Chairman.

The current members of the board of directors were appointed at the ordinary shareholders’ meeting held on April 28, 2023. The term of office of the members of the board of directors will expire at the general shareholders’ meeting to be held in the first four months of 2025.

Pursuant to Brazilian law, the election of each member of the board of directors must be approved by the Brazilian Central Bank.

Board of Directors

Deborah Stern Vieitas | Chairman (Independent)

Mrs. Vieitas is Brazilian and was born on August 21, 1957. She holds a degree in public administration from FGV-SP and a degree in journalism from the School of Communications and Arts of the University of São Paulo. She also holds a master's degree in business from FGV-SP and in public administration from the École Nationale d'Administration. Currently, she is Chief Executive Officer of the American Chamber of Commerce of Brazil (Amcham Brasil). From 2015 to 2017, she was an independent member of the Board of Directors of AXA Seguros S.A. From 2008 to 2014, she was CEO and Director of Banco Caixa Geral-Brasil. From 2000 to 2008, as Executive Vice President of Banco BNP Paribas Brasil, Ms. Vieitas was responsible for Corporate Coverage and the Loan and Financing Portfolio. From 1998 to 2000, she was Executive Vice President of Banco CCF Brasil and responsible for Large Companies and Corporate Coverage, Capital Markets, Trade Finance and Foreign Exchange. In April 2023, she joined the Iochpe Maxion Board of Directors as an independent member, where she is also a member of the Finance Committee. She is currently our Chairman of the Board of Directors and also coordinator of the Audit Committee of Banco Santander (Brasil) S.A, in addition to having already been a member of the Risk and Compliance Committee.

Javier Maldonado Trinchant - Vice Chairman

Mr. Maldonado is Spanish and was born on July 11, 1962. He has a  law degree from UNED University and a law degree from Northwestern University. Mr. Maldonado joined the Santander Group in 1995 as head of the International Legal division of Banco Santander de Negocios, S.A.. Currently Mr. Maldonado is Global Head Strategic Projects and Group Real Estate Assets at Banco Santander, S.A. Mr. Maldonado has held numerous management positions at Santander, including Senior Executive Vice President, Global Head of Cost Control, Head of the General Directorate for Coordination and Control of Regulatory Projects in the Risks Division, and Executive Committee Director and Head of Internal Control and Corporate Development for Santander UK.

Mr. Maldonado served on the Board of Alawwal Bank (formerly known as the Saudi Hollandi Bank Riyadh) from 2008 to 2019. He practiced corporate and international law for thirteen years and previously was an attorney with Baker & McKenzie and Corporate and International Law Department Head at J.Y. Hernandez- Canut Law Firm.

Cristiana Almeida Pipponzi | Independent Director

Mrs. Cristiana Pipponzi is Brazilian and has a degree in Business Administration from the Faculdade de Economia e Administração at the Universidade of São Paulo, and an MBA from INSEAD in France. She has worked with e-commerce projects at E&Y and was Officer of Marketing, Institutional Communication and Sustainability at Droga Raia S.A.. Mrs. Pipponzi currently holds the position of board member at Droga Raia S.A.  

Deborah Patricia Wright | Independent Director

Mrs. Deborah Wright is Brazilian and was born on September 4, 1957. She holds a degree in Business Administration from the School of Business Administration in São Paulo (EAESP-FGV). Mrs. Wright began her career in 1980 in the Marketing Department at Kibon, where she remained until 1989. In 1989, she joined Unilever as Marketing Manager and worked in the food division. In 1991, she returned to Kibon as Director of Marketing, becoming Vice President Commercial in 1994. In 1995, she became General Manager of Kraft Suchard Foods. In 1997, she took over as General Manager of Kibon. At ICI / Paints, she was General Manager of Tintas Coral Brasil from 1997 to 1999 and later Regional Manager of ICI. She was also General Manager of Parmalat Brasil in 1999, and Chief Executive Officer of the Internet Division of Grupo Pão de Açúcar from 2000 to 2001. From 2002 to 2007, she was Corporate Vice President / Commercial Vice President of the Sales and Abril Group's Corporate Marketing. From 2009 to 2010, she was Chief Executive Officer / Country Manager at Ipsos Brasil, a market research company. She has served as an Advisor since 2001. From 2001 to 2005 she served on the Board of Directors of Graded – The American School of São Paulo. From 2005 to 2006, she was a Counselor for CONAR (National Council for Self-Regulation in Advertising). From 2008 to 2009, she was a member of the Board of Directors of Hospital Samaritano de São Paulo. From 2008 to 2014, she was a Director at Lojas Renner, a publicly traded Brazilian company specializing in clothing retail, as well as President of the Sustainability Committee from 2012 to 2014. From 2013 to 2016, she was a member of the Advisory Board of Eurofarma, the fourth largest company Brazilian pharmaceutical company, still privately held and not listed on the stock exchange. Currently, she is associated with the following entities: Brazilian subsidiary of the WCD Group (Women Corporate Directors), which she co-founded in 2010; she is coordinator of the IBGC (Brazilian Institute of Corporate Governance) Strategy Commission at IBGC, where she leads a DEI (Diversity, Equity and Inclusion) working and study group; and she is an ambassador for the 30% Club and WOB (Women on Boards) and has been involved in gender diversity advocacy for over a decade. In addition, she is an independent member of the Board of Directors, member of the nomination and governance committee and chair of the Compensation Committee of Banco Santander (Brasil) S.A.

Cristina San Jose Brosa | Director*

Mrs. San Jose is Spanish and was born on June 16, 1978. She has a BA in Mathematics from the University of Zaragoza and an MBA in Finance from New York University. Mrs. San Jose joined Grupo Santander in 2015 and currently have the role as Chief Data Officer of Grupo Santander, where she leads Data Management & Governance and the Machine Learning Lab. Before joining Grupo Santander, Mrs. San Jose was a leading partner in McKinsey & Company Global Machine Learning Hub

Ede Ilson Viani | Director

Mr. Viani is Brazilian and was born on September 5, 1967. He holds a degree in Accounting and an MBA in Finance from IBMEC Instituto Brasileiro de Mercado de Capitais. He was an auditor at Banco Itaú S.A. from 1986 to 1990 and worked at BankBoston S.A for 16 years as a Senior Auditor, Credit Risk Management Superintendent, Head of Local Currency Loans and Head of the Small Business Segment. He joined Santander Brasil in 2007 as Small & Medium Companies Director and from July 2010 to 2014 was Retail Banking Risk Management Director. From 2014 acted as the Director responsible for Small & Middle, Government & Institution and Agribusiness and after that as Retail Banking Network Director. In December of 2019 he was promoted and became Technology & Operations Vice President. Since June 2023, he has also been a member of the Board of Directors of Banco Santander (Brasil) S.A. In January of 2024 he took responsibility as Retail Banking Executive Vice-President of Banco Santander (Brasil) S.A.

 

José de Paiva Ferreira | Independent Director

Mr. Paiva is Portuguese and was born on March 1, 1959. He holds a specialization in Business Administration from Fundação Getúlio Vargas and an MBA from the Wharton School of Business at the University of Pennsylvania. He has been working in the financial market for over 40 years. He joined Banco Bradesco in 1973 and held several positions. Later, he joined Banco Geral do Comércio, Noroeste and Santander Brasil, where he was Vice-President, responsible for the areas of Business, Human Resources, Operations, Technology, Real Estate, Products, Marketing, Credit Cards, Insurance, Leasing and Network of Agencies. From 2000 to 2001, he held the position of Director of eBusiness for Latin America, in the American Division of Santander Central Hispano. At the end of 2001, he returned to Brazil to work as Executive Vice President of Banco Banespa, where he was responsible for the Human Resources, Technology, Operations and Assets area. In 2003, he became Vice President Director responsible for Marketing, Products and Retail Business at Santander Brasil. In 2008, he became Chief Executive Officer of Santander Brasil, a position he held until the merger with Banco Real, when he became Senior Vice President, responsible for the Retail Business. In March 2011, he became a member of the Board of Directors of Santander Brasil, joining the Mitsubishi Corp Group based in Los Angeles, California, USA, and his main activities involved technological innovations. From July 2013 to December 2019, he returned to Santander Brasil and served as Senior Vice President Director, responsible for Human Resources, Organization, Real Estate, Processes, Operations, Technology and Costs. In addition, he held the following positions: Executive Director of Febraban (2014 to 2019), Chairman of the Self-Regulation Board of Febraban (2016 to 2019), Chairman of the Board of Directors of CIP -Câmara Interbancária de Pagamentos (2015 to 2018), Chairman of the Tecban Council - Banking Technology (2014 to 2015), Advisor to the Cancer Institute - SP (2009 to 2010) and Mentor of the Inova Unicamp Program (2011 to 2013). He is currently a member of our Board of Directors and a member of our Risk and Compliance committee.

Marília Artimonte Rocca | Independent Director

Mrs. Rocca has been CEO of Grupo Hinode, the largest consumer goods multilevel marketing company in Brazil, since November 2018. He also has operations in Latin America. Previously, she was General Manager of Ticket in Brazil, the Edenred Group's food voucher company. Previously, she served as Vice President of TOTVS, the sixth largest software company in the world headquartered in São Paulo. From 2008 to 2012, Ms. Rocca was managing partner of Mãe Terra, a natural and organic food B-Corp sold to Unilever in 2017. Prior to that, she co-founded and managed Endeavor Brasil, the most successful NGO supporting innovative entrepreneurship in the country. In 2000, she also co-founded Fundação Brava, a family foundation focused on transferring management tools to the Brazilian public sector and NGOs to increase their effectiveness. From 1995 to 1998, Ms. Rocca worked for Walmart as one of the organization's first directors in Brazil. For 20 years, Mrs. Rocca has served as a board member of private and publicly traded companies in the Education, IT, Services and Consumer Goods sectors. Mrs. Rocca holds a degree in Business Administration from EAESP/Fundação Getúlio Vargas and an MBA in Management from Columbia University, with a scholarship from Fundação Estudar. She is a 2006 Henry Crown Fellow from The Aspen Institute and a member of the Aspen Global Leadership Network. In addition, Marília is an independent director and coordinator of the Sustainability Committee at Banco Santander (Brasil) S.A.

Mario Roberto Opice Leão | Director

Mr. Mario is Brazilian and was born on July 21, 1975. He holds a degree in Production Engineering from the Escola Politécnica of the Universidade de São Paulo. He joined Santander Brasil in October 2015 as an Executive Director in Corporate and Investment Banking. In July 2017 he became Executive Vice President of Corporate and SMEs and a member of our Executive Committee. Since January 2022 he has acted as Chief Executive Officer of Santander Brasil. Before joining Santander Brasil, he was a Managing Director in Capital Markets at Morgan Stanley from 2008 to 2015, worked for Goldman Sachs from 2006 to 2008 and for Citibank from 1996 to 2006.

Pedro Augusto de Melo | Independent Director

Mr. Pedro Augusto de Melo is Brazilian and was born on November 4, 1961. He has a degree in accounting sciences and a postgraduate degree in accounting and financial administration from the São Judas Tadeu University of Accounting Sciences (São Paulo). Since March 2, 2020 he occupies the position of CEO of the Brazilian Institute of Corporate Governance (IBGC). In July 2021, he was appointed to coordinate the Audit Committee of Hospital Sírio Libanês. He developed his career in Deloitte and KPMG audit areas. From 2008 to 2017, he was CEO of KPMG Brazil, accumulating, in 2015, the position of CEO for KPMG South America. On October 1, 2017, he assumed the roles of COO for South America and Leader of Customers and Markets for South America until he retired from the firm in early 2020. He also actively participated in other levels of Governance at KPMG International, KPMG Americas and KPMG South America. He was Chairman of the Board of Directors of IBRACON - Brazilian Institute of Independent Auditors between 2009 and 2010. He was also member of the Governance Committee of Amcham Brasil and executive of the Union of Accounting Companies - SESCON. Currently, he is is an independent member of board of directors and the coordinator of Audit Committee of the Banco Santander (Brasil) S.A..

Vanessa Lobato | Director

Ms. Lobato is Brazilian and was born on December 24, 1968. She holds a bachelor’s degree in Business Administration from Pontifícia Universidade Católica de Minas Gerais, and a specialization degree in Marketing at Universidade Federal de Minas Gerais. From 1990 to 1995 she served as Marketing Local Manager at Banco Nacional, with responsibility for the sponsorship budget and micro marketing activities focused on the retail network. She also worked at Unibanco, in Recife, from 1995 to 1999, where she was responsible for different branches in the city of Recife. In 1999 she started at Santander Brasil, where she worked as General Manager of the Recife branch office. From 2001 to 2006 she served as Local Superintendent, where she was responsible for one of the Retail’s Locals, with head office in Belo Horizonte, covering the states of Minas Gerais, Goiás, as well as Brasília, and the states of the Northeast Region. From 2006 to 2013, Ms. Lobato became an Executive Superintendent of our branch network, with responsibility for one of our retail branches in Brazil, specifically the “SPI Centro Sul” branch based in Campinas, State of São Paulo, covering important cities such as: Campinas, Jundiaí, Sorocaba, Piracicaba, Limeira and Americana, totaling 258 branches in 94 cities. From 2013 to 2022, she served as Executive Vice President of the Company in the vice presidency of Human Resources, and from 2022 to 2024 as responsible for the vice presidency of Retail. In April 2024, she was elected as a member of the Company's Board of Directors.

 

Regulations of the Board of Directors

Board of Executive Officers

Our executive officers are responsible for the management of the Bank.

Our executive office is comprised of a minimum of two members and a maximum of seventy-five members, elected by our board of directors for terms of two years, one of them must be designated as our president, and the others may be appointed as senior vice-president executive officers, vice-president executive officers, investor relations officer, executive officers and officers without specific designation. Certain of our executive officers are also members of the boards of executive officers and boards of directors of our subsidiaries.

The executive officers shall meet as often as required by the CEO or by the officer designated by him. The term of the executive officers will expire at the first board of directors meeting following the general shareholders’ meeting to be held in the first four months of 2023. Pursuant to Brazilian law, an acting officer retains his or her position until he or she is reelected or a successor is elected.

Board of Executive Officers

Mario Roberto Opice Leão | Chief Executive Officer

Mr. Mario is Brazilian and was born on July 21, 1975. He holds a degree in Production Engineering from the Escola Politécnica of the Universidade de São Paulo. He joined Santander Brasil in October 2015 as an Executive Director in Corporate and Investment Banking. In July 2017 he became Executive Vice President of Corporate and SMEs and a member of our Executive Committee. Since January 2022 he has acted as Chief Executive Officer of Santander Brasil. Before joining Santander Brasil, he was a Managing Director in Capital Markets at Morgan Stanley from 2008 to 2015, worked for Goldman Sachs from 2006 to 2008 and for Citibank from 1996 to 2006.

Gustavo Alejo Viviani | Vice President Executive Officer and Investor Relations

Mr. Alejo is Argentinian and was born on August 26, 1975. He holds a degree in Economics from Pontifícia Universidade Católica of São Paulo and a CFA (Chartered Financial Analyst) from the CFA Institute of the United States. He completed academic extension courses in Business Administration at the University of California, Berkeley, and Advanced Corporate Finance at the London Business School. From July 1997 to March 1999, he was a Junior Research Analyst of Shares and Fixed Income at Citibank (Brasil). He has served at Santander Brasil since 2000, where he has been Credit Consultant, Trader, Senior Relationship Manager, Executive Officer of Corporate and Investment Banking, Managing Officer of our Corporate and Investment Banking Division and the Officer responsible for the Credit and Recovery Division in the Wholesale Bank. For the last 3 years until March 2023, he was our Retail Chief Financial Officer and responsible for the Retail Collections Division. Since March 2023, as Executive Vice President, he serves as our Chief Financial Officer and Investor Relations Officer.

 

Alessandro Tomao | Vice President Executive Officer

Mr. Tomao is Brazilian and was born on March 8, 1977. He holds a bachelor’s degree in law from the FMU University and a master’s degree in Business Administration – HR from the University of São Paulo. As one of our Executive Vice Presidents, he has been responsible for the Company’s Legal and Corporate Affairs department since February 2018. From June 2010 to February 2018, he was the head of the legal litigation, legal consulting in Labor and Pension Funds departments at Santander Brasil. From 2000 to 2010, he served as head of the labor and pension funds legal department at Banco Itaú S.A. Since January 2020, he has been Executive Director of FEBRABAN. He is also member of the Board of Directors at CACEIS as of 2019

Carlos Jose da Costa Andre | Vice President Executive Officer

Mr. Carlos Jose da Costa André is Brazilian and was born on August 9, 1963. He holds a degree in production engineering from the Federal University of Rio de Janeiro and an MBA in finance from IBMEC/RJ. Before joining Santander Brasil in 2021, Mr. da Costa André held several executive positions at Banco do Brasil, amongst them, CEO of BB Gestao de Recursos DTVM S.A., from 2018 to 2020, and Vice President of Finance and Investor Relations at Banco do Brasil S.A. between December/2020 and April/2021. As one of our Executive Vice Presidents, Mr. da Costa André is responsible for the Wealth Management area.

Ede Ilson Viani | Vice President Executive Officer

Mr. Viani is Brazilian and was born on September 5, 1967. He holds a degree in Accounting and an MBA in Finance from IBMEC Instituto Brasileiro de Mercado de Capitais. He was an auditor at Banco Itaú S.A. from 1986 to 1990 and worked at BankBoston S.A for 16 years as a Senior Auditor, Credit Risk Management Superintendent, Head of Local Currency Loans and Head of the Small Business Segment. He joined Santander Brasil in 2007 as Small & Medium Companies Director and from July 2010 to 2014 was Retail Banking Risk Management Director. From 2014 acted as the Director responsible for Small & Middle, Government & Institution and Agribusiness and after that as Retail Banking Network Director. In December of 2019 he was promoted and became Technology & Operations Vice President. Since June 2023, he has also been a member of the Board of Directors of Banco Santander (Brasil) S.A. In January of 2024 he took responsibility as Retail Banking Executive Vice-President of Banco Santander (Brasil) S.A.

Franco Raul Rizza - Vice President Executive Officer

Franco Raul Rizza is Argentinian and was born on 24 October, 1970. He has completed studies in Business and Risk Management in Argentina and Spain. He joined the Santander Group in 1989 in Argentina, where he held various positions, including Regional Manager, Product Manager and Retail Credit Risk Manager. He became director of Global Collections & Recoveries in the Madrid headquarters, covering all countries where the Group has commercial banking activities outside Spain. Between 2010 and 2013, he was the Chief Risk Officer of Banco Santander in Uruguay. And more recently he has the Chief Risk Officer of Santander Bank in Chile from February 2014 to December 2023.

Germanuela de Almeida de Abreu | Vice President Executive Officer

Mrs. De Abreu is Venezuelan and was born on December 6, 1975. She holds a degree in Economics from Universidad Católica Andrés Bello – Caracas/Venezuela with an MBA in Human Resources from USP (Universidade de São Paulo – São Paulo). She completed the Development Program for Board Members by Fundação Dom Cabral. She served at Banco da Venezuela (Grupo Santander Caracas) as Senior Risk Analyst from 1999 to 2001. At Santander Brasil, she was Senior Sales Support Manager between 2001 and 2002, Human Resources Training Consultant between 2002 and 2003, HR Risk Consultant between 2003 and 2006, Executive Manager of HR between 2006 and 2008 and Superintendent of Human Resources between 2008 and 2013. At Banco Santander Brasil S / A, she served as Executive Superintendent between 2013 to 2018, responsible for the strategy of Performance Management, Career, Compensation, Benefits and Budget and Expenditure Management for the Bank and, in 2018, she was elected Officer HR. Since 2023 she is the Vice President of HR & Ombusdman area of Banco Santander (Brasil) S.A.

Gilberto Duarte de Abreu Filho | Vice President Executive Officer

  Mr. Abreu is Brazilian, born on August 7, 1973. He holds a degree in Industrial  Engineering from the University of São Paulo and a MBA from the Massachusetts Institute of Technology in Cambridge, MA. Before joining Santander Brasil, Mr. Abreu was a senior manager at McKinsey & Company, managing projects in the financial and retail areas. Currently is responsible for the Corporate Vice President and also the Chief Executive Officer of Sancap Investimentos e Participações S.A.

Luis Guilherme Mattoso de Oliem Bittencourt | Vice President Executive Officer

Mr. Bittencourt is Brazilian and was born on December 4, 1973. He holds a degree in Computer Engineering from the Unicamp, a specialization degree in business administration from FGV/SP and a master of science in Management of Technology (MOT) from MIT Sloan. He began his career as a trainee in technology at Banco Itaú in 1997 where he stayed until 2010, working with CRM, digital channels and intelligence, and worked at the retail unit of HSBC in Brazil as head of digital channels, CRM and strategic intelligence until 2012. In Santander since 2013, he worked in retail for 8 years, leading CRM, digital channels, commercial intelligence, customer service, CFO and trade marketing areas. In the technology area since 2021 as CIO, since 2024 is the Executive Vice-President responsible for the Technology and Operations Area.

Maria Elena Lanciego | Vice President Executive Officer

Mrs. Lanciego is Spanish and was born on September 15, 1969. She is graduated from the University of Salamanca in Economics and Business Management – Financial Audit and Consulting. She completed a number of courses in management, as well as post-graduate studies at Stanford and Helsinki Universities. She holds an MBA from DEUSTO Business School and Adolfo Ibañez School of Management. Her entire professional carrier has been with Santander Group, which she joined in 1993. Her vast professional experience has been earned in six Global Divisions of Santander Group: Internal Audit, International Private Banking, Asset Management & Insurance, Global Corporate and Investment Banking, Commercial Division, Consumer Banking, Strategy and Corporate Development. She has performed both control functions (risk management, compliance, financial control) and business roles (in segments such as Select, Affluent, Private Banking, Commercial Banking and Corporate and Investment Banking) and well as functions related to strategic planning and transformation. At Santander Brasil she will perform a role as Executive Vice President responsible for the Finance and Strategy departments.

Maria Teresa Mauricio da Rocha Pereira Leite | Vice President Executive Officer

Ms. Maria Teresa is Brazilian, born on June 21, 1967. She holds a degree in finance from Fundação Armando Alvares Penteado. Prior to joining Santander Brasil, Ms. Maria Teresa held management positions at ABN AMRO Bank N.V., Royal Bank of Scotland Business and Deutsche Bank. She was also CEO & Head of Corporate Banking at Deutsche Bank responsible for corporate banking products and relationships with multinational subsidiaries. Joined Santander Brasil on 2021 as officer within the Santander Corporate. Joined Santander in 2021 as Statutory Director of the Corporate Banking division and currently is appointed as Executive Vice President Officer of the Company.

Renato Ejnisman | Vice President Executive Officer

Mr. Ejnisman is Brazilian and was born on February 12, 1970. He holds a degree in physics from the University of São Paulo and a master’s degree and PhD in physics from the University of São Paulo and the University of Rochester, respectively. Before joining Santander Brasil, Mr. Ejnisman held management positions at Banco Bradesco, being a part of its executive committee and being responsible for various areas, reaching the position of CEO of Next. As one of our Executive Vice Presidents, Mr. Ejnisman is responsible for the Corporate and Investment Banking area.

Alessandro Chagas | Officer

Mr. Alessandro is Brazilian and was born on February 19, 1982. He has a degree in Administration from the Federal University of Rio de Janeiro, a postgraduate degree in Tax Law from Fundação Getúlio Vargas, an MBA in Finance and Capital Markets also from Fundação Getúlio Vargas and has a master's degree in advanced finance from IE Business School. He joined Santander in April 2011 in the Treasury where he was responsible for the Structuring, Products and Market Intelligence desks. In 2020 he joined the Technology & Operations team as responsible for the operational areas of Fiduciary Administration, Private and Treasury as well as the product development and after-sales areas of Treasury, Brokerage, Funds, Insurance, Capitalization, Consórcios and Pension. Since 2021, he has also been an officer at Santander DTVM responsible for the Fiduciary Administration of investment funds.

Alexandre Guimarães Soares | Officer

Mr. Alexandre Guimarães Soares is Brazilian, born on August 27, 1969. He has a degree in engineering from Escola Mauá de Engenharia and an extension degree in economics from the Faculty of Economics and Administration / USP and a postgraduate degree in marketing from Escola Superior de Propaganda and Marketing. Before joining Santander Brasil, Mr. Alexandre held management positions at Banco Safra, BankBoston Banco Múltiplo S.A and Banco Real S.A. He is an alternate member of the deliberative councils of Nuclea and TECBAN – Tecnologia Bancária and a member of Nuclea's risk and compliance committee. As one of our officers, Alexandre is responsible for Manufacturing in the Vice Presidency of Technology & Operations and CEO of the company Tools Soluções e Serviços Compartilhados LTDA, a wholly owned subsidiary of Banco Santander Brasil S.A.

Alexandre Teixeira de Araujo | Officer

Mr. Alexandre Teixeira de Araujo is Brazilian and was born on May 26, 1971. He has a degree in Administration from ESPM and a specialization in Risk Management from INSPER. He has worked at Banco Real since 1986 and has been with the Santander group since 2009. He was Executive Superintendent of Risks responsible for managing Credit Risks for Small and Medium-sized Companies, Governments, Institutions & Universities and Agribusinesses at Banco Santander.

Ana Paula Vitali Janes Vescovi | Officer

Mrs. Vescovi is Brazilian and was born on April 8, 1969. She graduated in Economics from Universidade Federal do Espírito Santo, Master in Public Administration from Brazilian School of Public Administration at Fundação Getúlio Vargas/RJ, Master in Public Economics from Universidade de Brasilia/DF and postgraduate in Public Policies and Government Management from the National School of Public Administration/DF. Since 1997, she has worked in public service, with an emphasis on fiscal and financial management and public policies, with executive experience in the three spheres of government. She served as Chairman of the board of directors of Caixa Econômica Federal, Instituto de Resseguros do Brasil and Banco do Estado do Espírito Santo – BANESTES, and member of the Board of Directors of Eletrobras. Nowadays, she serves as a member of the Board of Directors of Ultrapar. She held the positions of Secretary of the National Treasury and Executive Secretary at the Ministry of Economy, between 2016 and 2018. As one of our officers, she is responsible for the macroeconomic research area.

André Juaçaba de Almeida | Officer

Mr. André Juaçaba de Almeida is Brazilian, born on September 27, 1974. He holds a degree in economic sciences from Candido Mendes University. Prior to joining Santander Brasil, Mr. André held positions in structured Derivatives at Bank of America, Citibank and Goldman Sachs. As one of our officers, André is responsible for the relationship with large corporates – Banking, within the Corporate & Investment Banking department.

Camila Stolf Toledo | Officer*

Camila Stolf Toledo is Brazilian and was born on July 23, 1979. She has a degree in administration from Fundação Getúlio Vargas. At Santander Brasil since 2018, she held the position of statutory officer at Santander Corretora de Câmbio e Valores Mobiliários S.A. and since 2023 she has also served as Head of Investor Relations and Market Intelligence at the Bank.

Carlos Aguiar Neto | Officer

Mr. Aguiar is Brazilian and was born on March 5, 1971. He holds a degree in Electrical Engineering from Fundação Armando Alvares Penteado with specialization in Business Administration from Fundação Getúlio Vargas. From 1996 to 2007, he worked as Treasurer of Cargill Agrícola S.A., officer of Cargill Previdência and Executive Officer of Banco Cargill S/A. From 2007 to 2010, he was CFO and Investor Relations at BrasilAgro – Cia Brasileira de Propriedades Agrícolas S.A. From 2010 to 2015, he was CEO at Macquarie Crop Partners LP at Macquarie Bank responsible for funds that invest in farms and grain production in Brazil and Australia. Carlos is also Executive Officer of ABAG (Associação Brasileira do Agronegócio), member of COSAG (Conselho Superior do Agronegócio da Fiesp) and Executive Officer of FEBRABAN (Federação Brasileira de Bancos) on Rural Credit Sector Commission. Since 2015, he has been responsible for the agribusiness area of Santander Brasil. He is also a member of our Sustainability Committee and Executive Officer of Banco Bandepe S.A.

 

Celso Mateus De Queiroz | Officer

Mr. Celso Mateus de Queiroz is Brazilian, born on September 19, 1974. He holds a degree in Business Administration from UNIB – Universidade Ibirapuera and a postgraduate degree in marketing administration from Fundação Armando Alvares Penteado, an MBA in business management from Fundação Getúlio Vargas and an MBA in Business Management from INSPER. Prior to joining Santander Brasil, Mr. Celso held management positions at Banco Real S.A. As one of our officers, Celso is responsible of the Grande São Paulo Network, member of the Compliance and UPLD e Incentives committee, in addition to active participation as retail representative in engagement for Diversity.

Cezar Janikian | Officer

Mr. Janikian is Brazilian, born on January 7, 1974. Graduated in Economics from Universidade Mackenzie and Postgraduate in Business Administration from Fundação Getulio Vargas/SP. He began his career at ABN Real S.A., moving to the Santander conglomerate since August 2009. He was CEO of Banco Hyundai Capital Brasil between 2019 and January 2022 and is a member of the Board of Directors of Banco RCI Brasil S.A. and Director of Institutional Relations since 2022 and also is an officer at Aymoré Crédito, Financiamento e Investimento S.A. since July 2023

Claudenice Lopes Duarte | Officer

Mrs. Duarte is Brazilian and was born on July 25, 1972. She holds a degree in Journalism from Faculdades Integradas Alcântara Machado with a specialization in Business Communication from Fundação Getúlio Vargas. From 1996 to 2009, she worked at GWA Comunicação Integrada as Senior Director. From 2009 to 2010, she was Executive Manager of Press Relations at Santander Brasil. From 2011 to 2012, she was Superintendent of Relations with the Press and Institutional Relations at Santander Brasil and, as one of our officers, she is currently responsible for Internal and External Communications at Santander Brasil.

Claudia Sampaio | Officer

Ms. Claudia is Brazilian and was born on December 6, 1982. She has a degree in Administration from FIEO and an MBA in Finance from Fundação Getúlio Vargas. At Santander Brasil since 2007, working in business areas such as Consumer Finance, Retail and Cards. She was an administrator at Santander Consórcios between 2022 and 2024.

Daniel Pareto | Officer

Mr. Pareto is Brazilian and was born on July 4, 1978. He graduated in law from the Federal University of Rio de Janeiro. At Santander Brasil since 2015, he was an Executive Superintendent, being in charge of the Corporate Legal Department and the Board Secretary until 2022. From 2021 to 2022 he was the Chairman of the Board of Directors of Toro Corretora de Títulos e Valores Mobiliários S.A. CSD Central de Serviços de Registro Depósito aos Mercados Financeiro e de Capitais S.A.. As one of our  executive officers, he is responsible for the Corporate Legal Department and for Internal Governance Office.

Eduardo Garrido | Officer

Mr. Eduardo is Spanish and was born on July 6, 1973. He earned a double degree in Law and Business Administration from the Universidad Pontificia Comillas in Madrid. He worked as a strategy consultant and as an executive of Private Equity funds. During his first tenure at Santander Brasil (2007-2014), he was Head of the Consumer Finance unit and later Sr Head in the Retail Banking unit. Back in 2022 as Sr Head of Strategy, he is now as one of our Officers, responsible for the Subsidiaries, Innovation and NPS area.

Eduardo Sasaki | Officer

Mr. Eduardo is Brazilian and was born on March 3, 1974. He has a degree in Production Engineering from FEI and a postgraduate degree in Business Administration from Fundação Getúlio Vargas and also an MBA from Insper. At Santander Brasil since 2018 he was Executive Superintendent of the Data & Analytics area, responsible for accelerating the intensive use of the Bank's data environment by the business areas.

Enrique Fragata | Officer

Mr. Enrique is Brazilian and was born on September 20, 1983. He has a degree in Computer Science from the Federal University of São Carlos and an MBA from Fundação Getúlio Vargas and an MBA from New York University - Leonard N. Stern School of Business . At Santander Brasil since 2019 he was Executive Superintendent responsible for the Remote Channel and is now responsible for Pricing, Incentives and Financial Planning and Analysis in the Retail Bank.

Franco Luigi Fasoli | Officer

Mr. Fasoli is Brazilian and was born on September 18, 1975. He holds a degree in Business Administration from Fundação Armando Alvares Penteado and a postgraduate degree in Financial Economics from Universidade de São Paulo. Working since 1997 with financial institutions, he started his career at Santander Brasil as Senior Manager of Products and Marketing. He worked for 13 years in Argentina, Italy and Spain, being responsible for Multinational Companies and later for Trade Finance & Correspondent Banking & Cash Management for Latin America. Since 2014, back in Brazil, working in the Companies Market and in the Retail Network. As one of our officers, he is currently responsible for the Small & Medium Companies.

Geraldo José Rodrigues Alckmin Neto | Officer

Mr. Rodrigues is Brazilian and was born on September 8, 1981. He graduated in Business Administration from Pontifícia Universidade Católica de São Paulo. At Santander Brasil he served as Executive Superintendent since 2013. Between 2008 and 2013 he was Executive Superintendent of Insurances at Banco Santander México, attending the “Programa de Futuros Diretivos”. From 2004 to 2008, he served as Relationship Manager and Foreign Trade. As one of our directors, he is currently responsible for the development of our investment business, as well as high-income clients and our “Capitalização” Company.

Gustavo Santos | Officer

Mr. Gustavo is Brazilian and was born on November 3, 1982. He has a degree in Business Administration from Fundação Armando Álvares Penteado and a postgraduate degree in Finance from INSPER and an Executive MBA from Fundação Dom Cabral. He began his career at Banco Real, working in the areas of Controllership, Strategy and Finance. At Santander Brasil since 2008, he worked in several areas in Finance, where he was statutory director of Aymoré CFI S.A., and in Retail, as executive superintendent of the areas of Individuals, Digital Business, Remote Channel and CRM. As one of our directors, he is currently responsible for the Mass segment. At Grupo Santander he also served as a member of the Board of Directors of Webmotors, Banco RCI, Loop and Santander Auto between 2018 and 2020.

Izabella Belisario | Officer

Ms. Izabella is Brazilian and was born on February 8, 1982. She has a degree in Administration from the Federal University of Minas Gerais and a postgraduate degree in Finance Management from INSPER and an MBA in Information Technology Management from FIAP. At Santander Brasil since 2006, she was Executive Superintendent of the Channels Platform area, responsible for the customer experience on digital channels, from their journey, to the use and performance of channels, and more recently Executive Superintendent of the Consumer Solutions Platform area, responsible for managing of the entire operation of individual customer products.

Jean Paulo Kambourakis | Officer

Mr. Kambourakis is Brazilian and was born on May 9, 1980. He has a degree in Electrical Engineering from the Polytechnic School of the University of São Paulo and in Business Administration from Fundação Getúlio Vargas. In the financial sector, he began his career at Banco Real, where between 2004 and 2006 he worked on transformation projects. He has been at Santander since 2006, where he also led transformation projects, and dedicated 9 years (2011 to 2019) in Expenses and Efficiency, the last 4 as leader of this topic in the organization, contributing to the outstanding evolution of cost-to-income of the group during the period. From 2020 to 2023 he was responsible for the Securitization area, developing important results in NPL investments. Since April 2023 he has been responsible for the retail bank's Recoveries and Collections business.

Leonardo Mendes Cabral | Officer

Mr. Leonardo Cabral is Brazilian and has a bachelor degree in Engineering by the Military Institute of Engineering, and holds an MBA from Stanford. He has served as director of M&A operations for Banco Credit Suisse and AMBEV. He was an officer of the Banco Nacional do Desenvolvimento Econômico e Social, responsible for the privatization area. He recently held the position of Officer of Investments and Capital Markets also for Credit Suisse. As one of our officers, he is responsible for the Corporate and Investment Banking area.

Luciana de Aguiar Barros | Officer

Ms. Luciana de Aguiar Barros is brazilian, born on January 3, 1980. She holds a degree in statistics from the Universidade de Campinas and a postgraduate degree in business administration from Fundação Getúlio Vargas and an MBA in credit risk management from INSPER. She has been a member of Grupo Santander since 2010, passi having several roles related to the Bank's credit area. As one of our officers, Luciana is currently responsible for Consigned Credit Area.

Marcelo Aleixo | Officer*

Marcelo Aleixo is Brazilian and was born on January 30, 1967. He has a degree in administration from Faculdade Integrada Campos Salles and a postgraduate degree in Finance and a master's degree in Administration from Fundação Getúlio Vargas. At Grupo Santander since 2008, he worked in several areas of the Bank, and most recently was CEO of Ben Benefícios from 2018 until 2024. Currently responsible for the Bank's consórcios and capitalization area and also participates on the Board of Directors of Pluxee Brasil.

Marcos Jose Maia da Silva | Officer*

Marcos Jose Maia da Silva is Brazilian and was born on March 29, 1971. He has a degree in administration from Faculdade Santanense and an MBA in finance from the University of São Paulo. At Grupo Santander for more than 30 years, he built a career with experience in various areas of the Bank. Most recently he was superintendent responsible for the Bank's call center and has been CEO of SX Negócios since 2021.

Mariana Cahen Margulies | Officer*

Mariana Cahen Margulies is Brazilian and was born on October 18, 1980. She has a degree in administration from Fundação Getúlio Vargas and an MBA in finance from Insead (France). At Grupo Santander since 2008, she has worked in various areas of the Bank, most recently as Executive Superintendent of Equities Brasil, responsible for the business with institutional clients and with responsibility for the equity research area.

Marilize Ferrazza Santinoni | Officer

Ms. Santinoni is Brazilian and was born on November 20, 1965. She holds a degree in Business Administration from the Universidade de Ijui-RS and an MBA of Business Management from Fundação Getúlio Vargas, Passo Fundo-RS. She has been an employee of Banco Santander (Brasil) S.A. since 1984, where she worked at several roles both in Management and Regional Superintendence. Since 2016 he has been acting as Executive Network Superintendent, and currently, as one of our officers, she is responsible for the banking network of Paraná and the northern region of Santa Catarina for Banco Santander (Brasil) S.A..

Michele Soares Ishii | Officer*

Michele Soares Ishii is Brazilian and was born on October 11, 1978. She has a degree in pedagogy from the University of São Paulo and has been at Santander Brasil since 2015, working in the human resources area. He is currently responsible for the remuneration and performance area in the Bank's People vice-presidency, responsible for the development, implementation and management of Santander Brasil's remuneration and performance strategy.

Paulo César Ferreira de Lima Alves | Officer

Mr. Paulo César Ferreira de Lima Alves is Brazilian, born on October 18, 1968. He has a degree in economic sciences from the University of Fortaleza – UNIFOR and a postgraduate degree in Financial Management and Controllership from Fundação Getúlio Vargas. Before joining Santander Brasil, Mr. Paulo held management positions at Banco ABN AMRO Real S.A. As one of our officers, Paulo César is currently responsible for the Northeast Network.

Paulo Sérgio Duailibi | Officer

Mr. Paulo Sérgio Duailibi is Brazilian, born on September 28, 1966. He has a degree in business administration from the Federal University of Minas Gerais and a master's degree in business administration from Fundação Getúlio Vargas. Before joining Santander Brasil, Mr. Paulo held management positions at Banco J. Safra S.A., BankBoston Banco Múltiplo S.A and Citibank N.A. He was Vice-President of the Board of Officers and Effective Member of the Deliberative Council of the Brazilian Association of Real Estate Credit Companies and Savings. As one of our officers, Duailibi was responsible for the Technological Platform for Real Estate Business, Finance, Consórcios, Consignment and PF Loans, and since July 2023 he has been responsible for the area of Local Loans, Cash Management, Services, Guarantees and Legal Entity Structuring. He has also been an Officer of Santander Holding Imobiliária since 2020 and member of the board of directors of Webmotors S.A.

Paulo Fernando Alves Lima | Officer

Mr. Lima is Brazilian and was born on April 5, 1976. He holds a degree in administration from Fundação Getúlio Vargas in São Paulo. At Santander Brasil since 2006, he was responsible for the areas of operations with the infrastructure sector and more recently as responsible for the recovery area of Corporate portfolios.

Rafael Kappaz | Officer

Mr. Rafael is Brazilian, born on October 12, 1980, has a degree in Civil Engineering from Escola de Engenharia Mauá and a master's degree in Finance from Fundação Getúlio Vargas for Finance and Capital Markets. In a 22-year career at Grupo Santander he held various positions, including in Madrid and London. At Santander Brasil he worked in several areas of the bank, such as Project Finance, Banking and Custody and for 10 years he has worked in the Treasury department. In 2024 he was appointed as treasurer of Santander Brasil.

Ramon Sanchez Santiago | Office

Mr. Ramon Sanchez Santiago is Spanish and was born on May 25, 1969. He graduated in Law from the University of Salamanca, Spain. From 2000 to 2010 he was Head for Internal Audit at different Banks of Santander Group (Puerto Rico, Chile, SCF). Between 2010 and 2011, he was Project Leader of the Santander Group, responsible for the project to reduce the Risk Weighted Assets (RWA) throughout the Group. He was also Head of Internal Audit at Santander UK from 2011 to 2014. From 2015 to 2018, he served as Internal Audit Officer of the Santander Group for Capital and Solvency. As one of our Executive Officers, Mr. Santiago has been responsible for our Internal Audit area since September 2018.

Reginaldo Antonio Ribeiro | Officer

Mr. Ribeiro is Brazilian and was born on May 19, 1969. He holds a degree in Economics from the Universidade Estadual de Campinas, an Accounting degree from the Universidade Paulista and an MBA from the Fundação Instituto de Pesquisas Contábeis, Atuariais e Financeiras – FIPECAFI of the Universidade de São Paulo. He served for Arthur Andersen Consultoria Fiscal Financeira S/C Ltda. from 1990 to 2001 rendering tax advisoring services to brazilian and multinationals entities. He was also a member of the Fiscal Council of Companhia Energética de São Paulo and AES Tietê from 2002 to 2006. As one of our Officers, he is responsible for tax issues, accounting rules and corporate reorganization processes. He also serves as Administrator of Aquanima Brasil Ltda. and Summer Empreendimentos Ltda., as Executive Officer of Atual Serviços de Recuperação de Créditos e Meios Digitais S.A., Banco Bandepe S.A., Fundação Santander and Santander Global Cards & Digital Solutions Brasil S.A., and as Vice President Officer of Santander Corretora de Seguros, Investimentos e Serviços S.A.

Ricardo de Oliveira Contrucci | Officer*

Ricardo de Oliveira Contrucci is Brazilian and was born on May 12, 1975. He has a degree in computer engineering from the Pontifical Catholic University of Paraná. With more than 26 years of experience in the area of ​​IT and Internet applications, he has been with the Santander Group since 2022. At the Bank he is responsible for the general IT business architecture.

Ricardo Olivare de Magalhães | Officer

Mr. Olivare is Brazilian and was born on January 26, 1979. He holds a degree in Statistical Mathematics from the Institute of Mathematics and Statistics of the University of São Paulo and holds a Master's degree in Applied Statistics also from the Institute of Mathematics and Statistics of the University of São Paulo. Has been an employee of Banco Santander (Brasil) S.A. since 2001 and held several positions in the Company's credit area. In 2008 he was CRM Deputy Officer at Banco Santander México and as Officer of Analytical Marketing from 2010. In 2012 he returned to Banco Santander (Brasil) S.A. to assume the position of Executive Superintendent responsible for the credit recovery strategy. In 2017 he became Executive Superintendent of products and channels of Aymoré Crédito, Financiamento e Investimento S.A.. Currently holds a position as Officer at Aymoré Crédito, Financiamento e Investimento S.A. and Webmotors S.A. and also is a deputy member of the Board of Directors of Banco RCI Brasil S.A. As our officer, he is responsible for the credit area in the individual segment.

Richard Flavio da Silva | Officer

Mr. da Silva is Brazilian and was born on June 3, 1976. He holds a degree in computer science from USP and a postgraduate degree in business administration from Fundação Getúlio Vargas in São Paulo and a master's degree in information security from USP. At Santander Brasil since 2016, he was Executive Superintendent of the Technology area responsible for the strategy and transformation of IT and the Company's Cyber Security operation.

Robson de Souza Rezende | Officer

Mr. Rezende is Brazilian, born January 24, 1967. He holds a degree in Statistics from Associação - Salgado de Oliveira de Educação e Cultura in Niteroi in the state of Rio de Janeiro and an MBA in Marketing from ESPM-SP. He began his career at Unibanco, where he worked between 1985 and 1999 in the Management of Agencies and later in the Human Resources Area working in Training and Development with a focus on the Agencies of Unibanco. Mr. Rezende joined Santander Brasil in 1999. From 1999 to 2003, he served as a Superintendent of Human Resources. From 2003 to 2008, he served as Regional Superintendent. From 2008 to 2010, he worked as Superintendent of Commercial Models, during which time he participated in the integration of the commercial model of Santander Brasil and Banco Real. He also led the Santander branch expansion project in Brazil for three years from 2010 to 2013. He was responsible for the Branch network in the state of Rio de Janeiro, managing approximately 290 branches and 3,700 employees in the region. As one of our officers, he is currently responsible for the Commercial Retail Network.

Rudolf Gschliffner | Officer*

Rudolf Gschliffner is Brazilian and was born on September 20, 1983. He has a degree in administration from Fundação Armando Alves Penteado and a Master's degree in economics from Fundação Getúlio Vargas. At Grupo Santander since 2006, he has worked in various roles related to resource management and private banking. He is currently also the CEO of Santander Brasil Gestora de Recursos.

Sandro Kohler Marcondes | Officer

Mr. Marcondes is Brazilian and was born on April 16, 1964. He graduated in Business Administration from Unicentro Paraná. He completed Master Degree in Business Administration by Fundação Getúlio Vargas. At Santander Brasil since 2018, he served as Executive Superintendent Global Debt Financing. In 2018, he served as Executive Officer of Financing and Investor Relations at Neoenergia S.A. From 2005 to 2018 he served as Executive Officer at Banco do Brasil S.A. and also at Banco do Brasil S.A. from 1999 to 2004 he served as General Manager in Paris and Assistant General Manager. Currently he is the Officer responsible for Global Debt Financing
structure, managing the activities of Debt Capital Markets.

Sandro Mazerino Sobral | Officer

Mr. Sobral is Brazilian and was born on February 24, 1975. He holds a degree in Economics from the Universidade Presbiteriana Mackenzie with a specialization in Economic Sciences from the FEA USP and in Banking from the IBMEC-SP.  An employee of Banco Santander (Brasil) S.A. since 2003, he has held various positions in the Company's capital markets and trading area, being responsible for managing the portfolios of fixed income, inflation, volatility, FX and equities.  Since 2017 he has been responsible for the trading desks including all market portfolios in fixed Income, equities, and foreign exchange. From July 2024 he became the Officer responsible for ALM financial management.

Thomaz Antonio Licariao Rocha | Officer

Mr. Thomaz Antonio Licarião Rocha is Brazilian, born on March 2, 1977. He has a degree in advertising and marketing from the Escola Superior de Propaganda e Marketing. He has been in Grupo Santander since 2000, having several roles related to the commercial area of the Bank. As one of our officers, currently is responsible for Assets and Risks Platform.

Vanessa Alessi Manzi | Officer

Mrs. Manzi is Brazilian and was born on May 12, 1975. She holds a law degree with Legal and Law Master from Insper with extension in UC Davis, California. She has more than 25 years of experience in the national and international financial market and banking industry in areas of Compliance, Legal, Internal Controls and Risk Management of which ten years in regional positions (Latin America). As previous positions, she was the Compliance Officer and Legal Officer at Banco Cetelem/BNP Paribas Personal Finance from 2010 to 2021 and also served as Vice President of Compliance at Nubank between 2021 and 2023.  As one of our Officers she is responsible for the Compliance department of our Company.

 

Vítor Ohtsuki | Officer

Mr. Ohtsuki is Brazilian and was born on June 5, 1977. He graduated in Production Engineering from Universidade de São Paulo. He completed the MBA in Marketing by Universidade de São Paulo and Master’s Degree in Global Management by Stanford University. At Santander Brasil since 2004, he served as Private Banking Head, Executive Superintendent of Wealth Management, Private Banking Superintendent, Executive Manager and General Manager. Also, he served as Marketing Manager at Banco Citibank S.A. from 2000 to 2004. Currently he is the Officer responsible for Private Banking.

* Shall only take office of his/her respective post after authorization of his/her election by the Central Bank of Brazil

Board of Directors’ Advisory Commitees

Besides the Board of Directors and the Board of Executive Officers, Banco Santander has the following Committees:

Audit Committee
According to Brazilian Central Bank regulations (Resolution 3,198/2004 of the CMN), an audit committee is a statutory board, separate from the board of directors, created by a shareholders’ resolution.The members of the audit committee may be members of the board of directors, provided that they meet certain independence requirements. All members of our audit committee meet such independence requirements. In addition, under Brazilian law, the function of hiring independent auditors is reserved for the board of directors. As a result, our board of directors functions as our audit committee for the purpose of approving, on a case-by-case basis, any engagement of our independent auditors for audit and non-audit services provided to our subsidiaries or to us. Except in these respects, our audit committee performs the functions of audit committees of U.S. companies.

Our by-laws require that our audit committee be composed of three to six members, each of whom is elected by the board of directors, among persons, members of the board of directors or not, who meet all statutory and regulatory requirements for the exercise of their office, including any requirements to ensure their independent judgment, one of them with a demonstrable knowledge of the accounting and audit practice, which shall serve for a one-year term and may be reelected for up to four consecutive times, pursuant to applicable legislation, up to a maximum five-year term of office. One of the members of the audit committee shall be designated by our board of directors as the audit committee’s coordinator. At least one member of the audit committee must have proven knowledge in the areas of accounting and auditing (financial expert).

Our audit committee has the following functions: 
 
1. to advise the board of directors on the engagement or replacement of the external auditor;

2. to assess the quality of the financial statements, the senior management reports, the explanatory notes and the independent auditor’s report, as well as other material financial information disclosed and sent to the regulatory bodies;

3. to evaluate the effectiveness of the independent and internal audits, including in regard to compliance with normative provisions applicable to us, in addition to internal regulation and codes;

4. to evaluate the fulfillment by our management of the recommendations made by the external or internal auditors;

5. to prepare, at the end of the six-month period ended on June 30 and December 31 every year, the report of the audit committee, meeting the applicable legal and regulatory provisions;

6. to receive and review the reports required by the regulatory bodies concerning the activities of the ombudsman, on the base dates of June 30 and December 31 or when a material event is identified.

Banco Santander‘s Audit Committee holds meetings at least once a month and also meets whenever its corporate interests so require. The decisions of the Audit Committee are taken by a majority of votes at a meeting where a majority of the elected members of the Audit Committee are present.
The following table presents the names and positions of the members of the Audit Committee.

Members of Audit Committee

Pedro Augusto de Melo - Coordinator

See "Board of Directors"

Maria Elena Cardoso Figueira - Qualified technician Member

Mrs. Maria Elena Cardoso Figueira is Brazilian, born on November 29, 1965, and graduated in economics by the Pontifícia Universidade Católica of Rio de Janeiro. Mrs. Figueira is a board member, tax advisor and member of an audit committee certified by IBGC (Brazilian Institute of Corporate Governance) and partner at Figueira Consultoria, her individual consultancy company. Mrs. Figueira participated in training programs in Brazil (through ISE, FAAP, KPMG, Gonew and IBGC) and abroad (through IESE, IE and IBGC – Jornada Técnica Israel and Canada) and has extensive professional experience in the financial and tax area, including Arthur Andersen, Banco Bilbao Vizcaya, KPMG, Santander (in Brazil, as associated officer in charge of tax planning and, in Spain, from April 2012 to May 2014, where she worked in the Tax Department Financial Regulation and Accounting Standards with a focus on capital allocation). Mrs. Figueira served as a member of audit and risk committees and advisory and fiscal councils of: Banco Santander Brasil; HSBC Brasil S.A. - Investment Bank; Banco HSBC Brasil S.A. - Banco Múltiplo; Br Properties S.A.; B3 S.A. and Lojas Americanas S.A. Mrs. Figueira is an associate member and participant of the Independent Appeals Board and coordinator of the IBGC Audit Committee Course, member of the Womens Corporate Directors – WCD - Brazil chapter. Currently, in addition to Banco Santander Brasil S.A., she is a member of the Audit and Risk Committee of Hospital Sírio Libanês and Fiscal Advisor to Camil Alimentos S.A. and CEBDS – Brazilian Business Council for Sustainable Development.

Andrea Maria Ramos Leonel - Member

Ms. Andrea Leonel is Brazilian, born on February 2, 1965, and graduated in economics from Fundação Armando Penteado and Postgraduate from Fundação Getúlio Vargas, with several professional development and improvement courses in local and international institutions and an Independent Counselor certified by IBGC. She is currently an Independent Advisor to Nuclea/CRT4 (CIP S.A – banking technology company that provides regulatory services to the financial market), BDMG Banco de Desenvolvimento de Minas Gerais, Coordinator of the Independent Committee (Advisory Board) of Ifood Pago, as well as a member of the Audit Committee at Banco Santander. She is also an alternate member of the Fiscal Council of Natura Co. She serves on Advisory Committees (People and Risk) of the Councils in which she participates. She recently coordinated the Related Party Transactions Committee at Nuclea, was a member of the Advisory Board at Tarjab Incorporadora Ltda and President of the Board of Directors of Banco da Amazônia BASA. She has been a financial market executive for 30 years in international and global institutions, such as Banco JP Morgan, Deutsche and Citibank, having worked regionally (Latin America) as Managing Director in statutory positions. She was Senior Consultant for Latin America, with the World Bank IFC, focusing on financial development projects in Latin America. She participates, pro-bono, in non-profit organizations and is an activist for gender equity in the corporate world and the participation of women in leadership positions, which she does through her work at Andrea Leonel Consultoria Ltda.

René Luiz Grande - Member

Mr. René Grande is Brazilian and was born on April 19, 1953. He holds a degree in Economics from Pontificia Universidade Católica de São Paulo, and a specialization degree in National Financial System from Fundação Instituto de Administração. He was an employee of the Brazilian Central Bank, qualified by the public examination since June, 1975, and worked in the Supervision and Inspection Department of the National Financial System.  During his career in the Brazilian Central Bank he served as an Analyst from 1975 to 1978; Technical Assistant from 1978 to 1989; Inspection Supervisor from 1989 to 1999; Head of the Banking Supervisory and Technical Department from 1999 to 2003; and Deputy Head of the Banking Supervisory and Financial Conglomerates Department from 2003 to 2011. Before working with the Brazilian Central Bank, he occupied the position of Head of Human Resources with the Companhia Brasileira de Embalagens Metálicas BRASILATA from 1973 to 1975. At Banco Santander (Brasil) S.A., Mr. Grande was Coordinator of Audit Committee between the years 2012 and 2017, member of Risks and Compliance Committee between January 2018 and June 2020, and currently is an independent member of Audit Committee.

Luiz Carlos Nannini - Member

Mr. Luiz Carlos Nannini is Brazilian and was born on January 2, 1960. He holds a degree in Accounting Sciences, with several specialization courses in Brazil and abroad, including a leadership course at Harvard. He has more than 30 years of experience in the conduct of independent audit services, including: the preparation of financial statements in accordance with IFRS and U.S. GAAP; due diligence; implementation of internal controls (including IT); corporate restructuring; tax planning and affairs; and participation in advisory councils in Brazil, the U.S. and globally. Furthermore, Mr. Nannini has significant experience in audit committees and fiscal councils of publicly held Brazilian companies. He has currently been appointed to the Company's Audit Committee.

Term of office: First BoD Meeting after the OGM of 2025
 

Risks and Compliance Committee
The Risk and Compliance Committee is an advisory body whose responsibility is to advise the Company's Board of Directors on matters related to policies, operational guidelines and methodologies for capital allocation, risk management and exposure limits, observing the applicable legislation, in addition to providing advice on compliance practices to improve Santander Brasil’s management in terms of transparency and compliance monitoring.

The Risk and Compliance Committee is composed of a minimum of 3 and a maximum of 5 members, and will be mainly composed of members who: 
I. Are not and have not been employees of the Company in the last six months prior to their appointment; 
II. Are not spouses or relatives (directly or collateral, up to second  degree, by blood or affinity), of the persons referred to in item I above; 
III. Do not receive from the Company any type of compensation that does not derive from the function of being member of the Risk and Compliance Committee or of the Board of Directors; 
IV. Have proven experience in risk management; 
V. Do not have ownership control of the Company or participate in decisions at the executive level.

The Committee is chaired by a member that meets the requirements listed above and who is not, or has not been, in the last six months prior to his/her appointment, the chairman of the Board of Directors or of any other committee of the Company.

The office term for members is two years, being allowed reappointment, they may be dismissed at any time.

The Risk and Compliance Committee meetings are held at least four times a year and upon extraordinary request by its coordinator.

The following table presents the names and positions of the member of the Risk and Compliance Committee:

Member of Risk and Compliance Committee

José de Paiva Ferreira - Coordinator

See "Board of Directors"

Jaime Leôncio Singer - Member

Member of Boards of Directors (Certified Advisor by IBGC – Brazilian Institute of Corporate Governance) and Advisory Boards, as well as advisory committees to Boards. Certified as ANBIMA Manager – Brazilian Association of Financial and Capital Markets Entities (CGA). Independent Consultant with over 28 years of experience advising clients in the areas of corporate finance (M&A, capital market operations (Debt and Equity - IPO's and Follow-ons) restructuring of financial liabilities and commercial partnerships), strategic planning and development corporate/new business in Brazil and in internationalization projects. Long career in Brazilian and international financial institutions, having been responsible in Brazil for the investment banking area of a European financial conglomerate. Most recently, he held “C-level” positions at publicly traded companies. Sectoral knowledge in the industries of (i) Transport/Urban Mobility, (ii) Infrastructure, Logistics and Distribution of oil and gas, (iii) sanitation, (iv) Electricity transmission, (v) agribusiness in general (highlighting animal protein, fertilizers and retail of agricultural products), (vi) banks/financial market, (vii) Data Analytics/Big Data and (vii) payments/acquiring. Professional experience in small, medium and large companies, with family control, diffuse control (Brazilian corporations and multinational groups) and state control. With a Master's degree in Business Administration from Harvard Business School and a Bachelor's degree in economic sciences from the Federal University of Rio de Janeiro, Mr. Singer is currently a member of the Risk and Compliance Committee at Banco Santander (Brasil) S.A.

José Maurício Pereira Coelho - Member

Mr. José Mauricio graduated in accounting from Unigranrio University, holds an MBA in finance and capital markets from Fundação Getúlio Vargas in Rio de Janeiro, and got specialized in corporate governance from Fundação Getúlio Vargas in São Paulo. He has been a member of Ultrapar's Board of Directors since April 2015 where, since 2019, he has been a member of the Audit and Risk Committee. He was President of the Board of Directors of Vale S.A. from 2019 to 2021, President of the Caixa de Previdência dos Funcionários do Banco do Brasil (Previ) from 2018 to 2021, and President of the Deliberative Council of the Associação Brasileira das Entidades Fechadas de Previdência Complementar (ABRAPP) from 2018 to 2021. Mr. Coelho was also a member of the Board of Directors of the Instituto Brasileiro de Resseguros from 2017 to 2019 and, between 2017 and 2018, he was a member of the Board of Directors of the Confederação Nacional das Empresas de Seguros Gerais, member of the Board of Administration of Mapfre BB SH2 Participações S.A., BB Mapfre SH1 Participações S.A. and Brasilprev Seguros e Previdência S.A. He was also President of BB Seguridade from 2017 to 2018 and Vice President of Finance and Investor Relations at Banco do Brasil S.A. between 2015 and 2017. Currently is a member of the Risk and Compliance Committee of Banco Santander (Brasil) S.A.

Deborah Stern Vieitas - Member

Mrs. Vieitas is Brazilian and was born on August 21, 1957. She holds a degree in public administration from FGV-SP and a degree in journalism from the School of Communications and Arts of the University of São Paulo. She also holds a master's degree in business from FGV-SP and in public administration from the École Nationale d'Administration. Currently, she is Chief Executive Officer of the American Chamber of Commerce of Brazil (Amcham Brasil). From 2015 to 2017, she was an independent member of the Board of Directors of AXA Seguros S.A. From 2008 to 2014, she was CEO and Director of Banco Caixa Geral-Brasil. From 2000 to 2008, as Executive Vice President of Banco BNP Paribas Brasil, Ms. Vieitas was responsible for Corporate Coverage and the Loan and Financing Portfolio. From 1998 to 2000, she was Executive Vice President of Banco CCF Brasil and responsible for Large Companies and Corporate Coverage, Capital Markets, Trade Finance and Foreign Exchange. In April 2023, she joined the Iochpe Maxion Board of Directors as an independent member, where she is also a member of the Finance Committee. She is currently our Chairman of the Board of Directors and also coordinator of the Audit Committee of Banco Santander (Brasil) S.A, in addition to having already been a member of the Risk and Compliance Committee.

Term of office: First BoD Meeting after the OGM of 2025

Sustainability Committee
The sustainability committee is a consultative body which is responsible for advising the board of directors on subjects relating to social and sustainable development issues, including the promotion of sustainable development and other social initiatives.

The committee is composed of three to six members, and at least one of these members must be independent. The term of office is of two years, re-election permitted, and the members may be removed at any time.

The committee meetings are held at least four times a year or when extraordinarily convened by its coordinator.

The following table presents the names and positions of the members of the Sustainable Committee:

Members of Sustainable Committee

Marilia Artimonte Rocca - Coordinator

See "Board of Directors"

Cristiana Almeida Pipponzi - Member

Mrs. Cristiana Pipponzi is Brazilian and has a degree in Business Administration from the Faculdade de Economia e Administração at the Universidade of São Paulo, and an MBA from INSEAD in France. She has worked with e-commerce projects at E&Y and was Officer of Marketing, Institutional Communication and Sustainability at Droga Raia S.A.. Mrs. Pipponzi currently holds the position of board member at Droga Raia S.A.  

Tasso Rezende de Azevedo - Member

Tasso Azevedo is Brazilian, born in 1972. He graduated as a forestry engineer from the Luiz de Queiroz School of Agriculture at the University of São Paulo. He is a socio-environmental entrepreneur and consultant in forestry, climate change and sustainability. Tasso is MAPBIOMAS Project, a platform that maps and monitors changes in land cover and use in Brazil and 13 other countries through a multi-institutional collaboration. He also coordinates the Conexão Povos da Floresta Network and was the co-creator and general coordinator of the Greenhouse Gas Emissions and Removal Estimation System (SEEG). He also serves as a visiting scholar at Princeton University and as a board member of several organizations, including the Rainforest Alliance, NEPCon, Imaflora, and the Energy and Environment Institute. Currently, Tasso Azevedo is a member of the Sustainability Committee of Banco Santander (Brasil) S.A.

Vivianne Naigeborin - Member

Mrs. Vivianne Naigeborin is Brazilian and actively participates in several fronts of creation and development of productive inclusion initiatives, social entrepreneurship and impact businesses. In 2014 she was the only Brazilian elected Yale World Fellow by Yale University (USA) network of global leaders engaged in generating positive social changes in the world. With her experience, she will be part of the Company's Sustainability Committee.

 Term of office: First BoD Meeting after the OGM of 2025

Nomination and Governance Committe
The nomination and governance committee is a consultative body which is responsible for advising the board of directors on subjects related to the nomination and governance of Santander Brasil.

The committee is composed of three to seven members, and at least two of these members must be independent. The term of office is of two years, re-election permitted, and the members may be removed at any time. The committee meetings are held at least four times a year or when extraordinarily convened by its coordinator.

The following table presents the names and positions of the members of the Nomination and Governance Committee:

Members of Nomination and Governance Committee

Deborah Stern Vieitas | Coordinator

Mrs. Vieitas is Brazilian and was born on August 21, 1957. She holds a degree in public administration from FGV-SP and a degree in journalism from the School of Communications and Arts of the University of São Paulo. She also holds a master's degree in business from FGV-SP and in public administration from the École Nationale d'Administration. Currently, she is Chief Executive Officer of the American Chamber of Commerce of Brazil (Amcham Brasil). From 2015 to 2017, she was an independent member of the Board of Directors of AXA Seguros S.A. From 2008 to 2014, she was CEO and Director of Banco Caixa Geral-Brasil. From 2000 to 2008, as Executive Vice President of Banco BNP Paribas Brasil, Ms. Vieitas was responsible for Corporate Coverage and the Loan and Financing Portfolio. From 1998 to 2000, she was Executive Vice President of Banco CCF Brasil and responsible for Large Companies and Corporate Coverage, Capital Markets, Trade Finance and Foreign Exchange. In April 2023, she joined the Iochpe Maxion Board of Directors as an independent member, where she is also a member of the Finance Committee. She is currently our Chairman of the Board of Directors and also coordinator of the Audit Committee of Banco Santander (Brasil) S.A, in addition to having already been a member of the Risk and Compliance Committee.

Deborah Patricia Wright - Member

Mrs. Deborah Wright is Brazilian and was born on September 4, 1957. She holds a degree in Business Administration from the School of Business Administration in São Paulo (EAESP-FGV). Mrs. Wright began her career in 1980 in the Marketing Department at Kibon, where she remained until 1989. In 1989, she joined Unilever as Marketing Manager and worked in the food division. In 1991, she returned to Kibon as Director of Marketing, becoming Vice President Commercial in 1994. In 1995, she became General Manager of Kraft Suchard Foods. In 1997, she took over as General Manager of Kibon. At ICI / Paints, she was General Manager of Tintas Coral Brasil from 1997 to 1999 and later Regional Manager of ICI. She was also General Manager of Parmalat Brasil in 1999, and Chief Executive Officer of the Internet Division of Grupo Pão de Açúcar from 2000 to 2001. From 2002 to 2007, she was Corporate Vice President / Commercial Vice President of the Sales and Abril Group's Corporate Marketing. From 2009 to 2010, she was Chief Executive Officer / Country Manager at Ipsos Brasil, a market research company. She has served as an Advisor since 2001. From 2001 to 2005 she served on the Board of Directors of Graded – The American School of São Paulo. From 2005 to 2006, she was a Counselor for CONAR (National Council for Self-Regulation in Advertising). From 2008 to 2009, she was a member of the Board of Directors of Hospital Samaritano de São Paulo. From 2008 to 2014, she was a Director at Lojas Renner, a publicly traded Brazilian company specializing in clothing retail, as well as President of the Sustainability Committee from 2012 to 2014. From 2013 to 2016, she was a member of the Advisory Board of Eurofarma, the fourth largest company Brazilian pharmaceutical company, still privately held and not listed on the stock exchange. Currently, she is associated with the following entities: Brazilian subsidiary of the WCD Group (Women Corporate Directors), which she co-founded in 2010; she is coordinator of the IBGC (Brazilian Institute of Corporate Governance) Strategy Commission at IBGC, where she leads a DEI (Diversity, Equity and Inclusion) working and study group; and she is an ambassador for the 30% Club and WOB (Women on Boards) and has been involved in gender diversity advocacy for over a decade. In addition, she is an independent member of the Board of Directors, member of the nomination and governance committee and chair of the Compensation Committee of Banco Santander (Brasil) S.A.

Cristiana Almeida Pipponzi - Member

Mrs. Cristiana Pipponzi is Brazilian and has a degree in Business Administration from the Faculdade de Economia e Administração at the Universidade of São Paulo, and an MBA from INSEAD in France. She has worked with e-commerce projects at E&Y and was Officer of Marketing, Institutional Communication and Sustainability at Droga Raia S.A.. Mrs. Pipponzi currently holds the position of board member at Droga Raia S.A.  

Javier Maldonado Trinchant - Member

 

Mr. Maldonado is Spanish and was born on July 11, 1962. He has a  law degree from UNED University and a law degree from Northwestern University. Mr. Maldonado joined the Santander Group in 1995 as head of the International Legal division of Banco Santander de Negocios, S.A.. Currently Mr. Maldonado is Global Head Strategic Projects and Group Real Estate Assets at Banco Santander, S.A. Mr. Maldonado has held numerous management positions at Santander, including Senior Executive Vice President, Global Head of Cost Control, Head of the General Directorate for Coordination and Control of Regulatory Projects in the Risks Division, and Executive Committee Director and Head of Internal Control and Corporate Development for Santander UK.

Mr. Maldonado served on the Board of Alawwal Bank (formerly known as the Saudi Hollandi Bank Riyadh) from 2008 to 2019. He practiced corporate and international law for thirteen years and previously was an attorney with Baker & McKenzie and Corporate and International Law Department Head at J.Y. Hernandez- Canut Law Firm.

Term of office: First BoD Meeting after the OGM of 2025

Compensation Committee
According to CMN Resolution 3,921/2010 of November 25, 2010, on February 7, 2012, our shareholders established the compensation committee in our by-laws, which also acts as the compensation committee for all our affiliates and subsidiaries.

The members of the compensation committee may be elected by the board of directors, provided that they meet certain independence requirements. All members of our compensation committee meet such independence requirements.

Our by-laws require that our compensation committee is composed of three to five members, appointed by the board of directors from among persons who meet all statutory and regulatory requirements for the exercise of their office, and at least one of the members may not be an executive officer and the others may or may not be members of our board of directors, and at least two members shall be independent. The compensation committee shall have in its composition qualified members with the experience required for the judgment exercise and including any requirements to ensure their independent judgment about our internal compensation policy, including the repercussion of this internal compensation policy on the risk management. Such persons shall serve for a term of two years and may be reelected for up to four consecutive times, pursuant to applicable legislation.

Our compensation committee has as its main functions:
1. develop internal compensation policies applicable to our executive officers and makes proposals to our board of directors regarding policies for variable and fixed compensation, benefits, and special programs for recruiting and terminations;

2. to supervise the implementation and coming into operation of the compensation policy for Banco Santander’s management;

3. to propose to the board of directors the aggregate compensation of the Executive Officers and members of the audit committee to be submitted to the general meeting, pursuant to Article 152 of Brazilian Corporate Law;

4. to analyze our internal officer and board compensation policies and procedures in comparison with market practice, and recommends changes to align our policies with market practice if significant differences from market practice are identified;

5. to prepare annually, within ninety days as from December 31 of each year, the compensation committee report, in accordance with applicable statutory and regulatory provisions;

6. to ensure that the internal officer compensation policy is compatible with our risk management rules, with performance targets and with our current and expected financial condition, and pursuant to the applicable regulatory provisions and regulations published by the Brazilian Central Bank.

The following table presents the names and positions of the members of the Compensation Committee.

Members of Compensation Committee

Deborah Patricia Wright - Coordinator

Mrs. Deborah Wright is Brazilian and was born on September 4, 1957. She holds a degree in Business Administration from the School of Business Administration in São Paulo (EAESP-FGV). Mrs. Wright began her career in 1980 in the Marketing Department at Kibon, where she remained until 1989. In 1989, she joined Unilever as Marketing Manager and worked in the food division. In 1991, she returned to Kibon as Director of Marketing, becoming Vice President Commercial in 1994. In 1995, she became General Manager of Kraft Suchard Foods. In 1997, she took over as General Manager of Kibon. At ICI / Paints, she was General Manager of Tintas Coral Brasil from 1997 to 1999 and later Regional Manager of ICI. She was also General Manager of Parmalat Brasil in 1999, and Chief Executive Officer of the Internet Division of Grupo Pão de Açúcar from 2000 to 2001. From 2002 to 2007, she was Corporate Vice President / Commercial Vice President of the Sales and Abril Group's Corporate Marketing. From 2009 to 2010, she was Chief Executive Officer / Country Manager at Ipsos Brasil, a market research company. She has served as an Advisor since 2001. From 2001 to 2005 she served on the Board of Directors of Graded – The American School of São Paulo. From 2005 to 2006, she was a Counselor for CONAR (National Council for Self-Regulation in Advertising). From 2008 to 2009, she was a member of the Board of Directors of Hospital Samaritano de São Paulo. From 2008 to 2014, she was a Director at Lojas Renner, a publicly traded Brazilian company specializing in clothing retail, as well as President of the Sustainability Committee from 2012 to 2014. From 2013 to 2016, she was a member of the Advisory Board of Eurofarma, the fourth largest company Brazilian pharmaceutical company, still privately held and not listed on the stock exchange. Currently, she is associated with the following entities: Brazilian subsidiary of the WCD Group (Women Corporate Directors), which she co-founded in 2010; she is coordinator of the IBGC (Brazilian Institute of Corporate Governance) Strategy Commission at IBGC, where she leads a DEI (Diversity, Equity and Inclusion) working and study group; and she is an ambassador for the 30% Club and WOB (Women on Boards) and has been involved in gender diversity advocacy for over a decade. In addition, she is an independent member of the Board of Directors, member of the nomination and governance committee and chair of the Compensation Committee of Banco Santander (Brasil) S.A.

Deborah Stern Vieitas - Member

Mrs. Vieitas is Brazilian and was born on August 21, 1957. She holds a degree in public administration from FGV-SP and a degree in journalism from the School of Communications and Arts of the University of São Paulo. She also holds a master's degree in business from FGV-SP and in public administration from the École Nationale d'Administration. Currently, she is Chief Executive Officer of the American Chamber of Commerce of Brazil (Amcham Brasil). From 2015 to 2017, she was an independent member of the Board of Directors of AXA Seguros S.A. From 2008 to 2014, she was CEO and Director of Banco Caixa Geral-Brasil. From 2000 to 2008, as Executive Vice President of Banco BNP Paribas Brasil, Ms. Vieitas was responsible for Corporate Coverage and the Loan and Financing Portfolio. From 1998 to 2000, she was Executive Vice President of Banco CCF Brasil and responsible for Large Companies and Corporate Coverage, Capital Markets, Trade Finance and Foreign Exchange. In April 2023, she joined the Iochpe Maxion Board of Directors as an independent member, where she is also a member of the Finance Committee. She is currently our Chairman of the Board of Directors and also coordinator of the Audit Committee of Banco Santander (Brasil) S.A, in addition to having already been a member of the Risk and Compliance Committee.

Luiz Fernando Sanzogo Giorgi - Member

Mr. Luiz Fernando Giorgi is Brazilian, born on September 3, 1964. Graduated in business administration from Fundação Armando Álvares Penteado (FAAP), with more than 30 years of experience in management and leadership. He began his career in 1982, at Price Waterhouse, where he worked until 1986, and then at Embraer, where he worked between 1986 and 1989. From 1989 to 1996 he worked as a consultant and officer of the Hay Group and from 1996 to 2003 as President of Hay Group Brasil and also a partner in the global group. From 2003 to 2005 he worked for the Suzano Group, as Vice-President of Suzano Holding. Mr. Giorgi was a member of the Administration Committee of the Board of Directors of Suzano Papel e Celulose, CEO of Suzano Petroquímica and full member of the Board of Directors of Petroflex. In September 2005 he founded LFG – Business Management and Leadership Advisory. From 2007 to 2015, Mr. Giorgi served as a member of the Board of Directors of Santher S.A.; from 2007 to 2011 he served as a full member of the Board of Directors of J. Macedo Alimentos S.A.; in 2008 from Vix Logística S.A.; from 2008 to 2016 as a member of the Boards of Directors of Vonpar S.A and Empresas Concremat; from 2016 to 2019 as a member of the Advisory Board of Heads Agência de Propaganda; from 2016 to 2020 as member of the Board of Directors of Arezzo&Co S.A.; and from 2018 to 2020 as a member of the Advisory Board of Portocred S.A.. From 2007 to 2008 he served as a member of the Human Resources Committee of Grupo Libra S.A.; in 2013 at Itautec S.A.; from 2013 to 2022 as a member of the Human Resources Committee of Sul América de Seguros S.A.; from 2014 to 2017 at Lojas Marisa S.A.; from 2016 to 2020 as a member of the People, Culture and Governance Committee AREZZO&CO S.A; from 2021 to 2022 as a member of the Remuneration Committee of Klabin S.A. Currently, Mr. Giorgi is a member of the Board of Directors of Teadit S.A., Be8 S.A. and NK Store. Mr. Giorgi also holds the position of member of the Remuneration and Sustainability Committee of TIGRE S.A.; People and Governance Committee of Martins Atacadista S.A., People Committee of Grupo Rodobens S.A.; People, Culture and ESG Committee of GRUPO GLOBO S.A.; and People, Governance and Sustainability Committee of Be8 S.A. and also member of the Remuneration Committees of Banco Santander (Brasil) S.A..

Vanessa Lobato - Member

Ms. Lobato is Brazilian and was born on December 24, 1968. She holds a bachelor’s degree in Business Administration from Pontifícia Universidade Católica de Minas Gerais, and a specialization degree in Marketing at Universidade Federal de Minas Gerais. From 1990 to 1995 she served as Marketing Local Manager at Banco Nacional, with responsibility for the sponsorship budget and micro marketing activities focused on the retail network. She also worked at Unibanco, in Recife, from 1995 to 1999, where she was responsible for different branches in the city of Recife. In 1999 she started at Santander Brasil, where she worked as General Manager of the Recife branch office. From 2001 to 2006 she served as Local Superintendent, where she was responsible for one of the Retail’s Locals, with head office in Belo Horizonte, covering the states of Minas Gerais, Goiás, as well as Brasília, and the states of the Northeast Region. From 2006 to 2013, Ms. Lobato became an Executive Superintendent of our branch network, with responsibility for one of our retail branches in Brazil, specifically the “SPI Centro Sul” branch based in Campinas, State of São Paulo, covering important cities such as: Campinas, Jundiaí, Sorocaba, Piracicaba, Limeira and Americana, totaling 258 branches in 94 cities. From 2013 to 2022, she served as Executive Vice President of the Company in the vice presidency of Human Resources, and from 2022 to 2024 as responsible for the vice presidency of Retail. In April 2024, she was elected as a member of the Company's Board of Directors.

Term of office: First BoD Meeting after the OGM of 2025

Executive Committee
The CEO, Senior Vice-Presidents Executive Officers and Vice-Presidents Executive Officers of the Banco Santander form the Executive Committee, which decides on subjects related to the policies that are applied to the business management, operational support, human resources and capital allocation. It also deliberates about the main technological, infrastructure and services projects.

Management Board