Management

Mr. Mauricio Quintella Malta Lessa holds a degree in Law from CENTRO DE UNIVERSITÁRIO CESMAC (1992-1995), with expertise in housing infrastructure, sanitation, transport, ports, civil aviation, mines and energy and major risk management. From 2016 to 2018 he served as Minister of the Ministry of Transport, Ports and Civil Aviation, where he led the structuring of the country’s main infrastructure projects in the area of ​​transport, with relevant work in all modes, coordinating the ministerial teams responsible for financial modeling and of risk mitigation, interacting with the main players in the capital market, including the largest global insurance and reinsurance companies to guarantee predictability and enable the implementation of structuring projects for the country. In addition, he was one of the creators of the Investment Partnership Program (PPI), which is currently the largest concessions, privatization and public-private partnership program in the country.
Country.
From 2013 to 2019, he was a Federal Deputy, playing a prominent role in several areas of activity in Parliament: he was party leader, member of the Board of Directors and the main Committees of the House.
Presided over the Inter-Parliamentary Union in the 2015-2016 Biennium; He was the author of more than 500 legislative proposals, influencing the main legislative advances that have occurred over the last two decades in the areas of insurance, capital markets and infrastructure.
From 2019 to 2022, he was Secretary of the Infrastructure Secretariat of the State of Alagoas, where he led the resumption of Alagoas’ main infrastructure projects in the areas of housing and basic sanitation, being the protagonist of one of the biggest success stories of public-private partnerships in the country. Sanitation area in Brazil.
Among his other professional experiences, he was Secretary of State and Municipal in several areas, was a councilor and president of the municipal council of Maceió; He is a federal public servant who has passed a public examination and qualifications examination.
Mr. Mauricio Quintella Malta Lessa does not hold positions in other companies or third sector organizations.

Mr. Sant’anna has with over 35 years of professional experience in business development, corporate transformations, and business unit implementations in several segments, Jorge Lauriano Nicolai Sant’anna served in the financial, capital and insurance markets as Executive Director and President in various companies and banks.
Founder and current Chief Executive Officer of BMG Seguros, an insurance company specialized in the Surety Bond Insurance segment that started operating in 2016, Jorge Sant’Anna is currently Board Member at Núclea Board, ABBC – Brazilian Banks Association -, ABDIB – Brazilian Association of Infrastructure and Basic Industries – and also IRB(Re), in addition to being Founder and Chairman of the Board of Directors of CRT4 – Securities and Assets Registration Center. At Citibank Brasil, reporting directly to New York with coverage of all businesses and functions at the Bank, Jorge Sant’Anna was responsible for coordinating the Management process Expense Matrix, Strategic Sourcing Procurement, Process Reengineering and Organizational Structure Optimization Projects, with special emphasis for coordinating the “Brazil Expense Management Program”. As Executive Director of CETIP S.A. – Balcão Organizado of Assets and Derivatives, he was responsible for the success of the entire restructuring process carried out from 2004. and in 2010, he led the process of CETIP’s demutualization and IPO. At IOB Thomson, he led the restructuring of the company, after its acquisition by the Thomson Group, developing and implementing a new organizational concept both from a marketing and operational point of view. As Executive Director of Agência Estado – OESP, he implemented a new operations strategy, involving the corporate business, commercial, marketing, product development, IT and infrastructure areas. He has a degree in engineering, with several specialization courses at national (FAAP) and international levels (Harvard Business School, London Business School, Cornell University and INSEAD Business School). Jorge Sant’Anna remains permanently updated and socializes his knowledge through of lectures, interviews and several articles frequently published in newspapers and magazines with large circulation.

An economist, he has two MBAs: in Brazil from IBMEC/SP and in the United States from Vanderbilt University/Tennessee, where he also obtained a specialization in Latin American Affairs; He attended a Master’s Degree in Psychotherapy at Escola Paulista de Psicodrama; Post Master in Global Business at IESE Madrid; specializations by the London Business School in Business Leadership and Digital Transformation, by the IMD Lausanne in Diversity and Inclusion, by the Cambridge School in Sustainability, and in Applied Quantum Physics Access Bar by Consciousnesses USA. He also completed the Best Practices Course for the Board of Directors, Audit and Responsibility Committee of IRB Administrators, administered by the Brazilian Institute of Corporate Governance (IBGC). Elected 4 times “Executivo de Valor” as the best CEO in the Sector by Valor Econômico newspaper; and one of the 5 most influential executives in Latin America in the Sector by Insurance Business Review. With more than 40 years of experience in the area, he presided over the National Federation of Life and Pensions at the beginning of the last decade. Among the main positions he held are: (i) before joining the IRB and in the last 5 years previously he held positions on the Board in various units around the world of Assicurazioni Generali S.p.A., where, until March 2020, he held the position of CEO for the Americas and Southern Europe Regions; (ii) He was CEO of Zurich Insurance Group for Latin America, when he also held the position of Chairman for Latin America and Member of the company’s Worldwide Advisory Board from 2011 to 2015; (iii) as Executive Chairman, he chaired the Mapfre Brasil Seguros Group between 2000 and 2011; (iv) worked at Whirlpool in various senior management positions in Brazil and the United States between 1992 and 2000; (v) between 1979 and 1992, he developed his career through several companies in the sector, from the position of “clerk” to reaching the position of CFO at the age of 24. In addition, it is a representative member of Brazil in the Genéve Association, an important entity that brings together relevant personalities from the world of insurance and considered the main “think tank” in the sector.

Antonio Francisco de Lima Neto was an Audit Committee member at Grupo Itaú Unibanco from June 2015 to June 2021 and has been an independent member of the Audit Committee of Itaú CorpBanca (Chile) since 2018. He was Banco Fibra’s Chief Executive Officer (2009 to 2013) and held several positions at Banco do Brasil S.A., including Chief Executive Officer (2006 to 2009); Retail and Distribution Vice President (2005 to 2006); International Business and Wholesale Vice President (2004 to 2005); Commercial Director (2001 to 2004); Executive Head of the Commercial Board (2000 to 2001); State Superintendent of Tocantins office (1999 to 2000) and Regional Superintendent of Belo Horizonte office (1997 to 1999). He served as a Board of Directors member of Brasilprev Seguros e Previdência S.A. (2007 to 2009); Board of Directors member of the Brazilian Federation of Banks (FEBRABAN) (2006 to 2009); Board of Directors member of BB Securities Limited (2004 to 2005); Board of Directors member of Brasilsaúde Companhia de Seguros (2003 to 2005); Board of Directors member of Companhia de Seguros Aliança do Brasil (2001 to 2009) and Board of Directors member of BB Previdência – Banco do Brasil Pension Fund (2000 to 2007). He holds a bachelor’s degree in economics from the Federal University of Pernambuco, and a master’s degree in economics from the Getúlio Vargas Foundation (FGV), São Paulo, Brazil. He participated in the Course for Board Members of the Brazilian Institute of Corporate Governance (IBGC), a Lato Sensu postgraduate degree in Marketing from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ), Rio de Janeiro, Brazil and has an MBA in Executive Training by Fundação Dom Cabral, São Paulo, Brazil.

Bachelor of Law from Pontifícia Universidade Católica of Rio de Janeiro. Founder, Partner in the M&A department, and first Managing Partner of Barbosa, Müssnich & Aragão – BMA (1995 – 2009). From 2011 to 2014, he served as partner and COO at Lazard Financial Advisory. From 2014 to 2016, held the position of CEO at Libra Participações e Investimentos, and since 2016, he is a founding partner at Sinchro Partners, a boutique financial advisory specializing in M&A and special situations. Served as an independent board member at OEC – Odebrecht Engenharia e Construção (2020 to 2022), Chairman of the Board of GRU Airport (2021), board member of Invepar – Investimentos e Participações, and a member of the Independent Committee of COSAN Logística (2020). Also served as Vice-Director at FGV Direito Rio, Fundação Getúlio Vargas (2003-2005).

Graduated in Psychology from Universidade Católica de Santos (1988) and post-graduated in Neuroscience and Behavior from PUC-RS (2020). Completed the Corporate Governance course: Maximize Your Effectiveness in the Boardroom at Wharton School, University of Pennsylvania/Emeritus. Certified by the Brazilian Institute of Corporate Governance as a Board Member with Experience (CCA+), specializing in Corporate Governance in Family Businesses. Certified in Innovation by the Global Innovation Management Institute – GMI. Over 20 years of experience as a C-level executive in multinational companies such as Latam Airlines, AES, GE, and General Motors. Held various positions on Boards and Committees: from 2008 to 2009, served as Board Member at Cia Brasiliana de Energia; from 2009 to 2011, Board Member at AES Communication Rio de Janeiro S.A.; from 2010 to 2012, Board Member at AES Elpa S.A.; from 2018 to 2019, Coordinator of the Compensation and People Committee at Enel Distribuidora de São Paulo; from 2020 to 2021, External Specialist Member of the People, Compensation, and Eligibility Committee at Banco do Brasil S.A.; from 2022 to 2024, Coordinator of the People, Compensation, Succession, and Eligibility Committee at Banco da Amazônia. Currently, since November 2020, External Member of the People, Compensation, and Nomination Committee at IRB Brasil RE; since May 2022, External Specialist Member of the People, Compensation, Governance, and Sustainability Committee at Wiz Soluções Financeiras; since February 2023, Coordinator of the People Committee at Grupo Dislub Equador; since June 2023, External Specialist Member of the People and ESG at Embraer. She is Business Advisor in Corporate Governance for FESA.

Mr. Henrique José Fernandes Luz has had a career spanning over 40 years as an independent auditor, partner, and member of the executive leadership committee in Brazil and South America for 24 years at a Big 4 firm. He graduated from the Faculdade de Ciências Políticas e Econômicas do Rio de Janeiro and has completed various postgraduate courses and executive programs at Harvard, Darden, Singularity University, Duke, Universidad de Buenos Aires, Ontario University, among others.
He has extensive experience as an independent member of Boards of Directors, currently serving at Grupo Maringá and Oi S.A. He has also served in recent years at Cellera Farmaceutica, where he was Chairman of the Board, and Burger King Brazil. He is a former Board member of the IBGC, where he served as President from 2019 to 2021. Additionally, he is the Vice President of the Board of the Museum of Modern Art of São Paulo and a board member of MAM Rio and the Dorina Nowill Foundation for the Blind. He is a lifetime titular member of Chair 59 of the Brazilian Academy of Accounting Sciences and a speaker and columnist for Capital Aberto and Plurale magazines.

Mr. Israel Aron Zylberman holds a degree in Industrial Metallurgical Engineering from the Engineering School at Mackenzie University (1970), and an MBA from FIA/FEA-USP (2003) with specialization in Corporate Governance from the Brazilian Institute of Corporate Governance (2006 and 2021). He has the title of Certified Board Member from IBGC. Participated in several executive courses at the following institutions: Harvard Business School, MIT Sloan School of Management, Kellog School of Management, Owen Graduate School of Management, Cambridge Judge School of Management, Bentley Center for Business Ethics and EM Lyon Business School. He is currently Executive Director of the Cyrela and SYN Institutes and serves on the support committees for the boards of Cyrela, IGUÁ Saneamento and the Company itself, as well as sits on the boards of directors in MBM-Movimento Bem Maior and Instituto Liberta.

Mr. Passos is an executive with extensive experience in the insurance sector. He has been an Executive Officer of MDS Corretora de Seguros and Herco Consultoria, a Representative Officer in Brazil of Hannover Rückversicherung AG, as well as Vice President of Industrial Risks and Technical Vice President of Sul América Seguros. He has also been a member of the Technical Council of IRB Brasil RE.

Mr. Wilson Toneto holds a degree in Accounting from Fundação Santo André (SP), an MBA in Business Management from the University of Navarra (Spain), and certification as a Board Member from IBGC (2019). He has 36 years of experience in the insurance and reinsurance market, serving in various executive roles across Administrative, Financial, Technical, Human Resources, Legal, Technology, and Audit departments. He spent 32 years with the MAPFRE Group, where he was part of the Global Executive Committee.
Mr. Toneto served as Chairman of the Board for the BB MAPFRE Insurance Group (2011 to 2028) and for Seguradora Líder DPVAT (2019 to 2020). He was the CEO and Chairman of MAPFRE Brazil from 2011 to 2018. Additionally, he held the positions of Director and Vice President of CNSEG and Director of the Spanish Official Chamber of Commerce in Brazil during 2011 to 2018.
He joined IRB in March 2020, initially serving as Vice President of Risk, Compliance, and Legal (March 2020 to September 2020), and later as Vice President of Technical and Operations (September 2020 to June 2023). From March 2021 to September 2021, he also served as the interim CEO. Mr. Toneto became a full member of the Board of Directors on July 2, 2023.

Mr. Rocha serves as Senior Advisor at BCG (Boston Consulting Group) and also as Senior Advisor at Cypress Associates. He was an executive of relevant companies such as Nextel Telecomunicações (VP ​​of Finance, Legal and Regulatory), Camargo Corrêa Group (CCDI-Director of Finance and IR), Globex Utilidades S/A (Ponto Frio – CFO and IR), he acts as independent board member of Eletronuclear and Eletronorte, alternate independent board member of Smiles Fidelidade S.A.. He is graduated in Mechanical Engineering, post graduated in Finance, participated in the IBGC Board of Directors training program and related activities in international institutions.

Mr. Massola has had a long career as an auditor, focusing mainly on financial services and, more specifically, in insurance, where he has held various positions at a number of large companies with a good reputation in terms of auditing and controls, either as an external auditor (KPMG) or as an executive in leadership positions in external audit areas (ABN Amro Real, Itaú, Tribanco and currently FGC). He has an in-depth understanding of the insurance industry, having worked at KPMG’s Financial Services (FSI) group for 12 years, where he specialized in insurance industry auditing and consultancy, later moving to the insurance, pension and capitalization companies internal audit area at ABN Real, where he spent seven years, in addition to another year at Itaú, where he was responsible for internal audits in a number of businesses, some in the insurance industry. Daniel is an experienced member of Board of Director/Committee having been Chairman of the Internal Audit Committee at Liberty Seguros, from 2014 to 2020, Chairman of the Internal Audit Committee at the Insurers Association, from 2003 to 2007, and Member of the Internal Audit Committee at the Interbank Payments Chamber (CIP), in 2019. He is currently Internal Audit Director at the Fundo Garantidor de Crédito. Daniel has a degree in business management from FMU in São Paulo, and MBA in Actuarial and Financial Risk Management from USP.

Mr. Oliveira is currently Secretary of the National Treasury. PhD in Public Administration from FGV-SP, career civil servant (Tax Auditor) for more than 15 years, having held several high-ranking positions in the public sector during this period: Finance Secretary of the City of São Paulo (2015-2016), Deputy Secretary of Finance of the State of São Paulo (2017-2018), Deputy Secretary of Finance of the City of São Paulo (2015), Deputy Secretary of Privatization and Partnerships (2018), Deputy Secretary of the Treasury of the City of São Paulo (2011-2015) and Head of the Economic Advisory of the City of São Paulo (2010-2011). Chief Executive Officer of São Paulo Parcerias, the company responsible for structuring concessions, PPPs and asset disposals at São Paulo City Hall, from 2018 to 2022. He has also served as Board Member or Chairman of the Board of Directors or Fiscal Council of municipal and state companies, such as: SABESP (2018), METRO (2015-2016), SPNEGOCIOS (2015-2016), SPP (2018), SPDA (2013-2016) and CPSEC (2017- 2018). He has extensive experience in fiscal management, including treasury, public accounting and taxation. He led the structuring of more than 30 Concessions and PPP’s projects in many segments, with emphasis on unprecedented social infrastructure projects, with more than a dozen of them already been completed and with signed contracts.

The Executive has a degree in business management with extracurricular degree from the Advanced Executive Program at Northwest University/Kellogg School of Management and an MBA with an emphasis in Marketing from IBMEC – São Paulo. 39 years of experience in the financial area of renowned national and multinational companies as CEO and Director, Board Board member graduated by IBGC and ESG, with expertise as member of Governance Councils and Committees. He is currently a board member and partner at Nassar & Nassar consulting. He was Chief Executive Officer (CEO) of Fiserv Brasil (2019-2021) and was CEO of Banco Triângulo and its subsidiaries (2017 to 2019). At Banco Cooperativo Sicredi S/A, he was CEO and Executive Director of Products and Business (2009 to 2017). The executive also has worked at CitiGroup for 20 years.

Executive with a bachelor’s degree in Economic Sciences from PUC Campinas, an MBA from Fundação Insttituto de Administração (USP). advisor of Administration formed by IBGC and IFC – International Finance Corporation (World Bank), with expertise also in acting as a member of Boards Tax Committees (BrasilAgro and Grupo Notre Dame Intermédica) and Audit Committees (SPTrans – São Paulo Transportes S.A.) and CET – Companhia de Enganharia de SP Traffic) and member of the Executive Committee of the Brazilian Stewardship Code. He has more than 30 years of experience in large companies and expertise in business development and in conducting startups and structuring processes involving governance secretariat, internal audit, ethics commission, conduct and integrity, risk management and controls, and sustainability. Mr. Geraldo does not hold positions in other companies or organizations of the third sector.

Deputy Secretary of the National Treasury, she holds a degree in Economics from the University of Brasília (UnB), a master and PhD in Economics from the Federal University of Rio de Janeiro – URFJ. She has experience in public finance, fiscal management, financing and administration of public debt and macroeconomic analysis. She has been a career civil servant of the STN (National Treasury Secretariat) since 1995, holding the position of Federal Auditor of Finance and Control. Held positions in several areas in STN, performing different technical and management functions. She began her career in the Public Debt Area, worked in the Undersecretariat for Fiscal Management, was Head of the Economic Advisory, Legislative subjects, and Communication of the National Treasury Office, having recently worked in the Undersecretary of Strategic Planning of Fiscal Policy. She has held the position of Fiscal Council member of different federal state-owned companies. She was a pioneer in developing projects to encourage the participation of women in senior management and influential positions.

Mr. Falcão has extensive experience in the insurance and capital markets sectors, and he was a founding partner of Gama Investimentos, partner and CEO of BRZ Investimentos, and held several leadership positions, including CEO of Icatu Hartford. He has been a member of the Board of Directors in several companies, including Icatu Seguros, Fiskar, Farol, Brasilcap, Caixa Capitalização, Grupo Docas, Caemi, Enersul, and Escelsa. He was a member of the Investment Committee of IRB Brasil RE from July 2008 to July 2010.

Mr. Irigoyen has had a long and successful career in the reinsurance business having worked in technical areas involving claims (at insurance companies) and underwriting (at reinsurance companies) and has held national and regional leadership positions in various parts of the world at global companies (Munich Re and General Re), which are considered good schools for reinsurance. He is familiar with the latest industry trends in the regulatory, business and innovation areas. He held a number of significant positions at General Reinsurance AG, from 2003 until March 2020, including: Regional head of P&C for Latin America, Spain and Portugal, from 2017 to 2020; Member of the Global Executive Board and Executive Vice President for P&C Treaty in Continental Europe, the Middle East, South Africa and Latin America, from 2007 to 2017; CEO of Gen Re – Mexico, from 2003 to 2020; Senior Vice President – Regional Head for Continental Europe, Africa and Latin America – Gen Re, from 2003 to 2007; General President of Cologne Re Corrduria de Seguros – Spain and Managing Officer and Member of the Executive Board at General Re Sur – Argentina. He has also worked at Munich Re Canada, Bradesco and Sulamerica Seguros. He holds a bachelor’s degree in Civil Engineering from PUC Rio Grande do Sul and an MBA from Queens University; Ontario, Canada (1984).

Bringing extensive experience in the financial and reinsurance markets, Rodrigo Botti has served as the founding partner and CEO of Terra Brasis, a reinsurance company. He has held executive positions in investment banks in both Brazil and the United States, including roles at Citigroup, Deutsche Bank, and Banco Safra. Rodrigo Botti holds a degree in engineering from Escola Politécnica-USP and a master’s in business administration from the University of Chicago.

Lawyer, with a post-graduate degree in Public Law from Gama Filho University. He served as Corporate Legal Manager at IRB(Re) from 2006 until 2023. Previously, he worked as a lawyer and tax consultant at Branco Consultores Tributários from 2004 to 2006, starting his career as an intern and later as a lawyer at Pinheiro Neto Advogados, where he worked from 2001 to 2004.

Actuary graduated from the University of Rome in Italy and City University in England. Fellow of the Institute and Faculty of Actuaries in England. Risk Management Director at IRB(Re) from 2021 to 2023, previously serving as Corporate Risk Manager from 2017 to 2021. Previously, he worked as a Senior Risk Manager at HSBC Insurance from 2012 to 2016, Actuarial Consultant at Aon Hewitt in the Netherlands from 2010 to 2012, and Actuarial Consultant at Mercer in the Netherlands from 2008 to 2010.

Master in Business Economics, with an emphasis on Finance from Escola Católica de Brasília. Graduated in Economic Sciences from the University of Brasília, with a postgraduate degree in Financial Market and Investments from the same institution. Executive Commercial and Product Director of Caixa Econômica Federal since 2020, having held several positions within the company: Vice President of Administration and Management of Third Party Assets (2019), National Superintendent of Financial Planning (2017-2019), National Manager of Management of Assets and Liabilities (2007-2016), Analyst in the National Management of Support to Lotteries and Games (2005-2007) and Banking Technician in the National Management of Financial Control and Information (2003-2005).