Purpose: Supporting the Board of Directors to evaluate risks and assumptions related to Investment Projects that may be undertaken by the Company.
Anastácio Ubaldino Fernandes Filho – Graduated in Electric Engineering at PUC/MG, PhD. In Economic Engineering at Fundação Dom Cabral. Since 2006 he has been occupied the position of CEO at Kepler Weber S.A.. Mr. Fernandes was Administrative/Financial Director of Companhia AIX Participações, Superintendent of Braspérola Indústria e Comércio S.A., worked as Project Coordinator at MGDK & Associados, and was CEO of Vale do Rio Doce. Acted as Board member at: Rio Doce América, Rio Doce Limited, Vale do Rio Doce Alumínio, Rio Doce Geologia, Aço Minas Gerais, Bahia Sul Celulose, Salobo Metais, Bolsa de Valores do Rio de Janeiro – Rio de Janeiro Stock Exchange, Brazilian Institute of Investor Relations (IBRI) and Brazilian Association of Publicly-Held Companies (ABRASCA).
Luiz Serafim Spinola Santos – Civil Engineer awarded from UFRJ, master in Production Engineering from COPPE/UFRJ, enrolled himself for Ph.D in Business Administration at INSEAD (France), as well as Financial and Investment subjects at London Business School. Currently serves as Independent Board Member at Gerdau, Cremer and João Fortes Engenharia. He is also Vice President of ABRASCA (Brazilian Association of Publicly Held Companies), and a member of IBGC (Brazilian Institute of Corporate Governance). In 2014 Spinola was awarded member of the Mergers and Acquisitions Committee (CAF). He was Associate at UBS Capital Americas (1998/2002), at Brasilpar (1981/97), and a Fitch Ratings´ Board Member from 1994 to 2002. From 1977 to 1981 served as Superintendent at CVM (Securities and Exchange Commission of Brazil), and served from 1974 to 1977 at the Brazilian Development Bank (BNDES) as Superintendent of Operations; from 1972 to 1974 worked for Bank of Boston as External Operation Manager. Served the following companies Board of Directors: Líder Taxi Aéreo, Varig, Springer, Medidata Informática, FPI-Food Processing International and Banco Sudameris. He is a partner of Flex Parque SPE Ltda as well as of Cullen Developmet Inc. (BVI).
Fernando Magalhães Portella – Graduated in Agronomy from UNESP, he has an Executive MBA from Columbia University and is a former student of Harvard Business School, where the participated in The General Management Program, from February to May, 2000, and in the Corporate Leader Program, in March, 2006. He has been an Executive Officer at Banco Citibank S.A., from 1986 to 1992, partner of Gemini Consulting, from 1992 to 1996, and CEO of the Communications Group “O Dia” (from 1996 to 2003). He was also a member of the Board of Directors of the Brazilian Newspapers Association (ANJ), from 1996-2003, and president of the Brazilian Marketing and Business Association, from January 1999 to December 2000. He was CEO of the Organização Jaime Câmara Media Group (from January 2004 to January 2011, as well as CEO of Telemar Participações (from April 2014 to September 2015), CTX / Contax Participações (April 2014 to March 2016) and the Jereissati Group (February 2011 to March 2016). He is currently a member of the Board of Directors of Jereissati Participações, Coimex Participações, and RPP Médios y Comunicação and of Terral Empresa de Compras e Incorporadora.