Rafael Novellino, has been a member of Cyrela\’s Board of Directors since 1997. He has also been the Financial Director of Cyrela Empreendimentos Imobiliários Ltda. since 1982. He was the Financial Director of the Anhembi Industry in 1981 and 1982, Controller for the Ferraz de Andrade Group from 1972 to 1981, and Manager for Supergasbras Distribuidora de Gás from 1961 to 1972. He holds a Bachelor\’s Degree in Accounting from the Technical School of Trade Trinta de Outubro and in Economics from the São Luis School of Economics.