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.

He has more than 35 years of professional experience in business development, corporate transformations and Business Unit implementations, in several business segments. Extensive experience in the financial, capital and insurance markets where he served as Executive Director and President in several companies and banks. Founder and current Chairman of the Board of Directors of CRT4-Central Registration of Deeds and Assets. Founder and current Chief Executive Officer of BMG Seguros, an insurance company specialized in the Bond Insurance segment that started operating in 2016. Reporting directly to New York and covering all Businesses and Functions of Citibank in Brazil, he was responsible for coordinating the Management process Expense Matrix, Strategic Sourcing Procurement, Process Reengineering and Organizational Structure Optimization Projects. Responsible for coordinating the “Brazil Expense Management Program”, which in 2012 provided a reduction of US$ 150 million in the Bank’s cost base compared to 2011. As Executive Director, he was responsible for the restructuring process of CETIP SA – Balcão Organizado of Assets and Derivatives in all its dimensions, carried out from 2004. In 2010, he led the process of demutualization and the Company’s IPO. He led the restructuring of IOB Thomson, after its acquisition by the Thomson Group, developing and implementing a new concept organizational both from a marketing and operational point of view.As Executive Director of Agência Estado – OESP, he was responsible for implementing a new operations strategy, involving the areas of corporate business, commercial, marketing, product development, IT and infrastructure.

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. Possesses 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. 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 December 2022, Coordinator of the People, Compensation, Succession, and Eligibility Committee at Banco da Amazônia; and since February 2023, Coordinator of the People Committee at Grupo Dislub Equador. Also leads the Corporate Governance practice for FESA.

Mr. Henrique José Fernandes Luz had a career of more than 40 years as an independent auditor, partner and member of the executive leadership committee, in Brazil and South America, for 24 years, in a Big 4 firm. With training at the Faculty of Political and Economic Sciences from Rio de Janeiro, he took several postgraduate courses and executive programs at Harvard, Darden, Singularity University, Duke, Universidad de Buenos Aires, University of Ontario, and others. He has extensive experience as an independent member of Boards of Directors, including, currently, Grupo Maringá, Zamp (Burger King), Oi S.A. and Hospital Sírio Libanês. He is Vice President of the Board of the São Paulo Museum of Modern Art and member of the boards of MAM Rio and the Dorina Nowill Foundation for the Blind. He is a full life member of Chair 59 of the Brazilian Academy of Accounting Sciences. 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), with a specialization in Corporate Governance from the Brazilian Institute of Corporate Governance (2006 and 2021) and an MBA from FIA/FEA-USP (2003). He has 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. Executive Director of the Cyrela and SYN Institutes, he serves on the support committees for the boards of Cyrela, IGUÁ Saneamento, Urbem S.A. and the Company itself, as well as sits on the boards of directors of Urbem S.A., MBM-Movimento Bem Maior, Instituto Liberta, Instituto Jatobás and Instituto Avon.

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. Toneto holds an undergraduate degree in Accounting and Economic Sciences from Fundação Santo André (SP), an MBA degree in Business Management from the University of Navarra (Barcelona), and training as Board Member from IBGC (2019). He was Chairman of the Board of Directors of insurer Líder DPVAT from 2019 to March 2020; and CEO and Chairman of Mapfre Brasil from 2011 to 2018. From 2005 to 2011, he served as Vice-President of several divisions at Mapfre Seguros, such as HR, Legal, and Technology & Processes. From 2011 to 2018, he served as Director and Vice President of CNSEG, Director of the Spanish Official Chamber of Commerce in Brazil, and Chairman of the Board of Directors of Grupo Segurador BB Mapfre.

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. 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).

The executive has a degree in Economics from PUC-Rio and a Master’s in Economics from EPGE/FGV. With more than 20 years of experience in managing financial and non-financial companies, his most recent positions were as Financial Vice President of Banco Luso Brasileiro, Executive Director of Finance, Corporate and Investor Relations at Cetip and Director of Planning, Strategy and Investor Relations at Banco Pan. Before that, he worked at Suzano, SAB Trading and Banco Itaú.