Mauro Rodrigues Da Cunha

Graduated in Economics from the Pontifical Catholic University of Rio de Janeiro and an MBA from the University of Chicago, Mauro Rodrigues da Cunha has more than 27 years of experience in capital markets and corporate governance. He served from 2012 to 2019 as President of AMEC – Association of Investors in the Capital Market. In this position, he led the association that represents around 60 institutional investors, with approximately USD 150 billion invested in the Brazilian equity market, with the objective of developing the capital market and defending the rights of minority shareholders. Before that, he worked at several asset managers, including Opus, Mauá, Bradesco Templeton, Investidor Profissional, Banco Pactual and Morgan Stanley Asset Management, among others. He was also Chairman of the Board of Directors of IBGC – Brazilian Institute of Corporate Governance for two years, and director of the institution for seven years. In that period, the IBGC became a national reference in corporate governance, and one of the largest institutes dedicated to the subject in the world. Since 1999, he has participated in Boards of Directors and Fiscal Committees of Brazilian companies, always as an independent member. In 2013, he became the first independent member effectively elected by minority shareholders at Petrobras, where he worked for two years in reversing the dramatic situation in which the company found itself. Between 2019 and 2020 he served as Chairman of the Board of Directors of Caixa Econômica Federal. He has also served on the board of companies such as Eletrobras, Usiminas, CESP, Mahle Metal Leve, among others. He currently serves as a member of Vale’s Board of Directors, as well as Coordinator of the People and Compensation Committee and member of the Sustainability Committee. He is also a member of Klabin’s Board of Directors. Mauro is a consultant and professor of corporate governance, in addition to having the CFA (since 1997), CGI (IBGC), CGA (Anbima) and CNPI (Apimec) designations.