Committees and advisory committees

Advisory Committee to the Board of Directors

In its corporate governance structure, BM&FBOVESPA also maintains committees to support the Board of Directors. These are:

  • Audit Committee

      This committee is responsible for monitoring and assessing the quality of the Internal Audit and independent audits in the company and its affiliated companies. It is comprised of five members, being one an independent director and four external members.

    • Claudio Luiz da Silva Haddad (Independent Member)
    • Nelson Carvalho (External and Independent Member)
    • Paulo Roberto Simões da Cunha (External and Independent Member)
    • Sérgio Darcy da Silva Alves (External and Independent Member)
    • Tereza Cristina Grossi Togni (External and Independent Member)
  • Corporate Governance and Nomination Committee

      Among its main functions, this committee promotes the development of governance, assesses the adoption of good practices, selects and appoints members for the Board. It is comprised of three directors, of which at least two are independent.

    • Arminio Fraga Neto (Chairman of the Board of Directors and Independent Director)
    • Luis Stuhlberger (Nos-independent Director)
    • Pedro Pullen Parente (Independent Director)
  • Compensation Committee

      This committee reviews, proposes and monitors adjustments in parameters, guidelines and in the compensation and benefits policy, as well as the personnel management model. It is comprised of three directors, of which at least two are independent.

    • Candido Botelho Bracher (Nos-independent Director)
    • Claudio Luiz da Silva Haddad (Independent Director)
    • René Marc Kern (Independent Director)
  • Risk Committee

      This committee monitors and assesses risks relating to market, liquidity, credit and systemic risks in the markets managed by the Company, with a strategic and structural focus. It is comprised of four directors, independent or otherwise.

    • Arminio Fraga Neto (Chairman of the Board of Directors and Independent Director)
    • José Roberto Mendonça de Barros (Independent Director)
    • Julio de Siqueira Carvalho de Araujo (Nos-independent Director)
    • Luis Stuhlberger (Nos-independent Director)

Advisory Committee to the CEO

The Committees that support the CEO are the Agribusiness Committee, Market Committee, Market Risk Committee, Regulatory Committee and Athletics Club Committee.

  • Agribusiness Committee
    • André Luiz de Santos Freitas (Credit Suisse Hedging-Griffo)
    • Carlo Fillipo M. Lovatelli (ABAG – Associação Brasileira de Agribusiness)
    • João de Almeida Sampaio Filho (Secretaria de Estado da Agricultura e Abastecimento)
    • Joaquim da Silva Ferreira (Futura Commodities CM Ltda.)
    • Marcos Sawaya Jank (UNICA – União de Agro-Ind. Canavieira de São Paulo)
    • Norberto Lanzara Giangrande Jr. (Link Investimentos)
    • Pedro de Camargo Neto (Abipecs – Associação Brasileira da Ind. Prod. e Exp. de Carne Suína)
    • Renato Diniz Junqueira (Distribuidora Intercap TVM Ltda.)
    • Roberto Rodrigues (Fundação Getulio Vargas)
  • Market Committee
    • Alan Gandelman (ICAP Capital Markets LLC)
    • André Guilherme Brandão (HSBC Bank Brasil)
    • Carlos Roberto Scretas
    • Igor Mansour (Morgan Stanley)
    • James Marcos Oliveira
    • João Cesar de Queiroz Tourinho (Mauá Sekular)
    • Julio de Siqueira Carvalho de Araujo (Bradesco)
    • Luiz Fernando Figueiredo (Mauá Sekular)
    • Marcelo Kayath (Banco de Investimentos Credit Suisse (Brasil) S.A.)
    • Marcio Verri (Kinea) Sérgio Fraiman Blatyta (Banco Santander)
  • Market Risk Technical Committee
    • Cícero Augusto Vieira Neto - Chief Operating Officer
    • Marcelo Maziero - Chief Products and Customers Officer
    • Luis Antonio B. G. Vicente - Risk Management Officer (coordinator)
    • André E. Demarco - Operations Officer
    • Isabela Münch – Post-Trading Projects Officer
    • Ivan Wedekin – Commodity Products Officer
    • Julio Carlos Ziegelmann – Equity Products Officer
    • Marcelo Wilk – Depository Officer
    • Marcos Carreira – Technical Modeling Officer
    • Sérgio Goldenstein – Fixed Income, FX Cash Markets and Derivatives Products Officer
    • Viviane El Banate Basso – Settlement Officer
  • Athletics Club Committee
    • Arnaldo David Cezar Coelho
    • Edson Figueiredo Menezes
    • Luiz Masagão Ribeiro
    • Manoel Felix Cintra
    • Neto Sergio Coutinho Nogueira
  • Regulations Committee
    • Aline de Menezes Santos Aragão
    • Clarence Joseph Hillerman Jr.
    • Marcus de Freitas Henriques
    • Sérgio Darcy da Silva Alves (Coordinator)

 

Committees

  • Committee to Enhance BM&FBOVESPA Intermediation
    • Abraham B. V. Weintraub (Votorantim CTVM Ltda.)
    • André Luiz de Santos Freitas (CA ANCORD)
    • Armênio dos Santos Gaspar (Prosper S/A CVC)
    • Carlos Arnaldo Borges de Souza (Planner CV S.A.)
    • Christian George Egan (Itaú Corretora de Valores S/A)
    • Joaquim da Silva Ferreira (CA ANCORD)
    • Julio de Siqueira Carvalho de Araujo (CA BM&FBOVESPA)
    • Leandro Torres (BTG Pactual CTVM S/A)
    • Manoel Felix Cintra Neto (CA ANCORD)
    • Manoel Horacio Francisco da Silva (Fator S/A)
    • Marcelo Maisonnave de Oliveira (XP Investimentos CCTVM S/A)
    • Mauro Barbosa de Oliveira (Credit Suisse (Brasil) S.A. CTVM)
    • Renato Diniz Junqueira (CA BM&FBOVESPA)
    • Vieri Ermanno Bracco (HSBC CTVM S/A)

    • Edemir Pinto (Diretor Presidente BM&FBOVESPA)
    • Cícero Augusto Vieira Neto (Diretor Executivo de Operações e TI BM&FBOVESPA)
    • Marcelo Maziero (Diretor Executivo de Produtos e Clientes BM&FBOVESPA)
    • Luiz Felipe Carvalho Paiva ( Diretor de Desenvolvimento e Relacionamento com Distribuidores BM&FBOVESPA)

 

Advisory Committees

Since the integration of the two exchanges, BM&FBOVESPA has continuously strived to work closer with the participants in its markets. For this purpose, the company maintains several open channels with investors and companies in different categories, which collaborate to develop products, services, and to suggest new practices.

In addition to the Committees that support the Board of Directors and the CEO, the Advisory Committees were created to ensure a constant liaison with the BM&FBOVESPA market participants. In 2009, these Committees underwent important enhancements, such as the expansion in the number of participants, currently around 450 people. Still last year, the Real Estate Market, and the Trading & Technology Committees were created.

Currently, BM&FBOVESPA has the following Advisory Committees:

    Partnership: