Fausto de Andrade Ribeiro, Director of the Board since 2022, is Chief Executive Officer of Banco do Brasil since 2021. Since 2021 is Chairman of the Board of Banco Votorantim S.A., Brasilprev S.A., UBS BB and Regional Chairman of Associação de Administradoras de Consórcios since 2020. Mr. Ribeiro was member of the Board of Tecban and Ativos S.A. and was Chairman of the Board of Companhia de Energía Eléctrica do Rio Grande do Norte. Mr. Ribeiro has served as member of the Board of Cámara de Comercio Exterior Espanha-Brazil, member of the Supervisory Board of Alelo, Elo Participaçãoes and BBTUR, Chairman of the Supervisory Board of Fundação Banco do Brasil, member of the Audit Committee of Cobra Tecnologia, Chairman of Risk, Compliance and Audit Commission of Camara Interbancaria de Pagamentos (CIP). He has been employed by Banco do Brasil in various capacities since 1988, holding the positions of CEO of BB Administradora de Consórcios, Executive Manager-Accounting Directorship, General Manager of Banco do Brasil in Spain, Executive Manager-Accounting Directorship and Internal Controls and Compliance Directorship and Channels Unit. Mr. Ribeiro has been guest speaker in many international seminars about Operational Risk Management, Internal Controls and Compliance. He is the chapter writer of the book “Gestão de Riscos no Brasil”, organized by Duarte Junior, Antonio Marcos Varga.
Mr. Ribeiro holds a Bachelor in Law from UNICEUB-Centro Universitario de Brasilia and a Bachelor in Administration from Faculdades Integradas Católica de Brasilia. Mr. Ribeiro also holds Master degree in Business Administration (MBA in Finance), Specialization in International Finance from IBMEC. He is a graduate of Bank Management for Results Program from University of Chicago and University of Texas, Austin and of Economics Minerva Program – The Theory and Operation of a Modern National Economy – Final paper: Central Bank-Independence, Governance and Accountability, from the George Washington University. Mr. Ribeiro’s professional experience in and related to the banking industry and as a board member qualifies him to serve on the board.