Management Boards

Board of Directors

Our board of directors is our supervisory board as set out in our By-Laws and in applicable legislation. They are responsible for guiding the business of the company and its subsidiaries.

The Board comprises a minimum of five members and a maximum of 12 members. The chairman and vice-chairman are elected at the general shareholders’ meeting by majority vote. All members are elected at the Annual General Meeting for two-year terms of office, they may be reelected.

Name: Carlos Rey de Vicente Position: Chairman Beginning of Term: 14/07/2021 End of Term: AGM of 2023

Mr. Vicente is the Chairman of our Board of Directors and a member of the Boards of Directors of Santander Leasing S.A. Arrendamento Mercantil, Santander Caceis Distribuidora de Títulos e Valores Mobiliários S.A., Zurich Santander Brasil Seguros e Previdência S.A., Zurich Santander Brasil Seguros S.A. and Santander Brasil Establecimiento Financeiro de Crédito S.A., as well as the executive officer of Norchem Participações e Consultoria S.A., Esfera Fidelidade S.A., Santander Corretora de Seguros, Investimentos e Serviços S.A. and Santander Cultural. Mr. Rey is a Member of the Boards of trustees of the Santander Foundation, the Sudameris Foundation and Santander Cultural and he is also a member of our Sustainability Committee. Mr. Rey joined Santander Group in 2010 at Santander Spain, where he was responsible for the strategy and planning of Santander Mexico, Chile, Argentina, Puerto Rico, Uruguay, Peru and Colombia. Prior to joining us, he was a member at McKinsey & Co from 2001 to 2010 where he was responsible for leading several projects on strategic consulting. His activities have always been focused on banking and insurance matters, in addition to team management. He also previously worked as a lawyer in two law firms, one of which he was a member and founder, working mainly with insurance and civil liability. Mr. Rey graduated in law from the Complutense University of Madrid and became a member of the Colegio de Abogados de Madrid in 1997.

Name: Ignacio Narvarte Ichazo Position: Member Beginning of Term: 14/07/2021 End of Term: AGM of 2023

Mr. Narvarte is a member of our Board of Directors and he is also part of the management team at PagoNxt Merchant Solutions SL. Mr. Narvarte joined Santander Group in 1998 as a regional coordinator and business supervisor in Spain, the United Kingdom and Portugal, being part of the initial Santander United Kingdom card issuance operations. He was also Head of Cards for Europe and the U.S. at Santander Group, overseeing the card business in Spain, the United Kingdom, Poland, Portugal and the United States. Mr. Narvarte has a degree in Business Administration from Universidad Pontificia Comillas, with an MBA from Georgetown/ESADE and he has extensive experience in finance, strategy, business development, investment banking and corporate finance in the banking and financial markets.

Name: Javier San Félix Garcia Position: Member Beginning of Term: 14/07/2021 End of Term: AGM of 2023

Mr. San Félix is a member of our Board of Directors. He is also the chief operating officer of PagoNxt and also an interim executive officer of PagoNxt Merchant Solutions and PagoNxt Trade Solutions. Mr. San Félix joined Santander Group in 2004 as Strategic Planning Officer at Banco Santander, being responsible for defining the POS Consumer growth strategy. From 2012 to 2013, he was a Chief Executive Officer at Banco Español de Crédito Banesto and, from 2015 to 2018, he was head retail and business banking, and Vice-Chief Executive Officer at Bank Santander UK. Prior to joining us, Mr. San Félix worked at McKinsey & Company in Spain from February 1991 to August 2004, being appointed member in 2000. Mr. San Félix has a degree in Business Administration from Universidad Pontificia Comillas, with an MBA in Finance from the University of California Los Angeles (USA). He has extensive experience in finance, strategy, business development, investment banking and corporate finance in the banking and financial markets.

Name: João Guilherme de Andrade Só Consiglio Position: Independent Member Beginning of Term: 04/10/2021 End of Term: AGM of 2023

Mr. João Guilherme de Andrade Só Consiglio has a bachelor’s degree in economics from the Universidade de São Paulo (USP), with a postgraduate degree from Univesità Degli Studi di Genova. He has worked in the financial market and as an economist for over 30 years. He was Executive Vice President of Santander Brasil and member of the Executive Committee of the Bank in Brazil for seven years, responsible for business with large corporate clients (Corporate). He was also Product Officer of ABN AMRO/Banco Real and worked in the Corporate Development area, leading acquisitions and divestments of Banco do Brasil’s, Private Equity and Capital Market operations. Prior to joining the financial market, he was an economist at the Bunge Group. He participated in several Boards of Directors such as Banco RCI Brasil S.A, CIP (Interbank Chamber of Payments) and Cia. Brasileira de Soluções e Serviços, among others. He is currently a partner at Guilder Capital Investimentos, a Board member of Unipar Carbocloro S.A., and a Board member and member of Audit Committee of You Inc S.A.

Name: Marcelo Augusto Dutra Labuto Position: Member Beginning of Term: 14/07/2021 End of Term: AGM of 2023

Mr. Labuto is a member of our Board of Directors. Prior to joining us, Mr. Labuto was the Vice President of retail business at Banco do Brasil between the years 2017 and 2018, and Chief Executive Officer between the years 2018 and 2019. Previously, Mr. Labuto was Chief Executive Officer of BB Seguridade Participações S.A.; Insurance, open Pension Plans and Capitalization Officer (March 2013 to April 2015); Loans and Financing Officer (February 2012 to March 2013); General Manager at the Affiliated Entities Governance Unit (November 2011 to February 2012) and General Manager at the Strategic Partnerships Unit (August 2011 to November 2011) at Banco do Brasil. Mr. Labuto was a member of the Board of Directors of BB Seguridade Participações S.A.; Banco Votorantim; Brasilcap Capitalização S.A.; IRB Brasil Resseguros; Elo Participações S.A.; Companhia Brasileira de Soluções e Serviços; BB Mapfre SH1 Participações S.A.; Mapfre BB SH2 Participações S.A.; Brasilprev Seguros e Previdência S.A.; CIELO S.A.; Vale S.A.; Brasildental Planos Odontológicos; Alelo S.A; Movera S.A; Livelo S.A; and Banco CBSS. He has acted as a member of the Advisory Committee of Brasilprev Seguros e Previdência; member of the Executive Committee of Grupo Segurador BB and Mapfre; member of the CIELO S.A.’s Innovation Committee and member of Vale S.A.’s Compliance and Risk Committee Mr. Labuto graduated in Business Administration from UNB (University of Brasília) with an MBA in Marketing from Instituto de Pós-Graduação em Administração e Pesquisa da Universidade Federal do Rio de Janeiro (Postgraduate Institute in Administration and Research at the Federal University of Rio de Janeiro – COPPEAD UFRJ).

Audit Committee

Our audit committee is composed of three to six members, elected by our board of directors, who meet all statutory and regulatory requirements for the exercise of their office, including any requirements to ensure their independent judgment, and who shall serve for a one-year term and may be reelected pursuant to applicable legislation for up to four consecutive times to a maximum five-year term of office. One of the members shall be designated as the audit committee’s coordinator, and at least one member must have proven knowledge in the areas of accounting and auditing (financial expert).

Name: Luiz Carlos Nannini Position: Coordinator Beginning of Term: 04/10/2021

Mr. Luiz Carlos Nannini holds a degree in Accounting Sciences, with several specialization courses in Brazil and abroad, including a leadership course at Harvard. He has more than 30 years of experience conducting independent audit services, including: the preparation of financial statements in accordance with IFRS and U.S. GAAP; due diligence; implementation of internal controls (including IT); corporate restructuring; tax planning and affairs; and participation in advisory councils in Brazil, the U.S. and globally. Furthermore, Mr. Nannini has significant experience in audit committees and fiscal councils of publicly held Brazilian companies. Currently he is a member and financial expert of Audit Committee of Banco Santander (Brasil) S.A. and member of the Audit and Statutory Risks Committee of Eletrobras, in addition to being a member of the Audit Committee of the following companies: Via Varejo, Centauro, BR Malls and CDHU.

Name: Antonio Melchiades Baldisera Position: Independent Member Beginning of Term: 04/10/2021

Mr. Antonio Melchiades Baldisera has an undergraduate degree in Accounting, a postgraduate degree in Accounting Management from the Fundação Getúlio Vargas and holds an MBA in Controllership, Audit and Tax Management from Fundação Getúlio Vargas. He served as General Accounting Manager at Banco Noroeste S.A. until 1997. At Santander Brasil, he served as General Manager and Deputy Officer of the Accounting Department from 1998 to 2000. He was General Audit Manager of Banco Sudameris do Brasil S.A. from 2000 to 2003. He was also representative at FEBRABAN at the Electronic Fraud and Operational Security Subcommissions (Subcomissão de Fraudes Eletrônicas e Subcomissão de Segurança Operacional), and at the Internal Audit Committee. He was Executive Superintendent of Santander Brasil between 2003 and 2018, working in the Internal, External and Electronic Fraud Management area, as well as Management of the Santander Group’s private pension plans. He is currently a Consultant at AMB – Consulting in Internal Audit, Internal Control, Prevention and Treatment of Financial Fraud and Operational Safety.

Name: João Guilherme de Andrade Só Consiglio Position: Independent Member Beginning of Term: 04/10/2021

Mr. João Guilherme de Andrade Só Consiglio has a bachelor’s degree in economics from the Universidade de São Paulo (USP), with a postgraduate degree from Univesità Degli Studi di Genova. He has worked in the financial market and as an economist for over 30 years. He was Executive Vice President of Santander Brasil and member of the Executive Committee of the Bank in Brazil for seven years, responsible for business with large corporate clients (Corporate). He was also Product Officer of ABN AMRO/Banco Real and worked in the Corporate Development area, leading acquisitions and divestments of Banco do Brasil’s, Private Equity and Capital Market operations. Prior to joining the financial market, he was an economist at the Bunge Group. He participated in several Boards of Directors such as Banco RCI Brasil S.A, CIP (Interbank Chamber of Payments) and Cia. Brasileira de Soluções e Serviços, among others. He is currently a partner at Guilder Capital Investimentos, a Board member of Unipar Carbocloro S.A., and a Board member and member of Audit Committee of You Inc S.A.

Compensation and Nomination Committee

The Compensation and Nomination Committee is composed of three to five members, elected by our Board of Directors, who meet any requirements to evaluate and propose fixed and variable compensation policies, the Executive Succession plan, in addition to special benefits and programs. The members will have a term of office of two years, and may be re-elected up to four consecutive times. For the appointment of members, the Board of Directors must consider the qualifications and experience necessary for the exercise of competent and independent judgement on the institution’s remuneration policy, including the repercussions of this policy on risk management.

Name: Carlos Rey de Vicente Position: Coordinator Beginning of Term: 05/10/2021

Mr. Vicente is the Chairman of our Board of Directors and a member of the Boards of Directors of Santander Leasing S.A. Arrendamento Mercantil, Santander Caceis Distribuidora de Títulos e Valores Mobiliários S.A., Zurich Santander Brasil Seguros e Previdência S.A., Zurich Santander Brasil Seguros S.A. and Santander Brasil Establecimiento Financeiro de Crédito S.A., as well as the executive officer of Norchem Participações e Consultoria S.A., Esfera Fidelidade S.A., Santander Corretora de Seguros, Investimentos e Serviços S.A. and Santander Cultural. Mr. Rey is a Member of the Boards of trustees of the Santander Foundation, the Sudameris Foundation and Santander Cultural and he is also a member of our Sustainability Committee. Mr. Rey joined Santander Group in 2010 at Santander Spain, where he was responsible for the strategy and planning of Santander Mexico, Chile, Argentina, Puerto Rico, Uruguay, Peru and Colombia. Prior to joining us, he was a member at McKinsey & Co from 2001 to 2010 where he was responsible for leading several projects on strategic consulting. His activities have always been focused on banking and insurance matters, in addition to team management. He also previously worked as a lawyer in two law firms, one of which he was a member and founder, working mainly with insurance and civil liability. Mr. Rey graduated in law from the Complutense University of Madrid and became a member of the Colegio de Abogados de Madrid in 1997.

Name: Cassio Schmitt Position: Member Beginning of Term: 28/04/2022

Mr. Schmitt holds a degree in Economics from the Universidade Federal do Rio Grande do Sul, a master’s degree in Corporate Economics from Fundação Getúlio Vargas and an MBA from the Sloan School of Business, Massachusetts Institute of Technology. He was an Economist of Banco de Crédito Nacional S.A. and of UNIBANCO – União de Bancos Brasileiros S.A. from 1995 to 1999. He was an associate of the Leveraged Finance team of UBS Warburg in 2000 in New York, Project Finance Superintendent of UNIBANCO from 2001 to 2003 and Corporate Banker of UNIBANCO’s Representative Office in New York from 2003 to 2004. He became responsible for the project finance team of Santander Brasil from 2004 to 2010, adding the areas of acquisition finance and syndicated lending. From 2011 to 2012, he was the Director responsible for the Wholesale Risk Department, and from 2013 to 2014 he was responsible for Global Transaction Banking, including Cash and Trade. From 2015 onwards, he led several businesses in the Retail Banking, such the Credit Recovery Business and the Personal and SMEs Credit Products, including Payroll Loans, Agro and Mortgage Loans, and the Innovation team. His last position in Santander Group was served as officer in charge of the Retail Corporate Business, Government and Institutional clients. He was member of the Board of Directors of Banco Olé Consignado S.A. and Super Pagamentos e Administração de Meios Eletrônicos S.A. (“Superdigital”).

Name: Javier San Félix Garcia Position: Member Beginning of Term: 05/10/2021

Mr. San Félix is a member of our Board of Directors. He is also the chief operating officer of PagoNxt and also an interim executive officer of PagoNxt Merchant Solutions and PagoNxt Trade Solutions. Mr. San Félix joined Santander Group in 2004 as Strategic Planning Officer at Banco Santander, being responsible for defining the POS Consumer growth strategy. From 2012 to 2013, he was a Chief Executive Officer at Banco Español de Crédito Banesto and, from 2015 to 2018, he was head retail and business banking, and Vice-Chief Executive Officer at Bank Santander UK. Prior to joining us, Mr. San Félix worked at McKinsey & Company in Spain from February 1991 to August 2004, being appointed member in 2000. Mr. San Félix has a degree in Business Administration from Universidad Pontificia Comillas, with an MBA in Finance from the University of California Los Angeles (USA). He has extensive experience in finance, strategy, business development, investment banking and corporate finance in the banking and financial markets.

Board of Executive Officers

Our board of executive officers comprises a minimum of three members and a maximum of ten members, with two-year term of office, subject to reelection. Directors may be appointed from the Board of Executive Officers or the Management Board of our subsidiaries.

Name: Cassio Schmitt Position: Chief Executive Officer Beginning of Term: 01/04/2022

Mr. Schmitt holds a degree in Economics from the Universidade Federal do Rio Grande do Sul, a master’s degree in Corporate Economics from Fundação Getúlio Vargas and an MBA from the Sloan School of Business, Massachusetts Institute of Technology. He was an Economist of Banco de Crédito Nacional S.A. and of UNIBANCO – União de Bancos Brasileiros S.A. from 1995 to 1999. He was an associate of the Leveraged Finance team of UBS Warburg in 2000 in New York, Project Finance Superintendent of UNIBANCO from 2001 to 2003 and Corporate Banker of UNIBANCO’s Representative Office in New York from 2003 to 2004. He became responsible for the project finance team of Santander Brasil from 2004 to 2010, adding the areas of acquisition finance and syndicated lending. From 2011 to 2012, he was the Director responsible for the Wholesale Risk Department, and from 2013 to 2014 he was responsible for Global Transaction Banking, including Cash and Trade. From 2015 onwards, he led several businesses in the Retail Banking, such the Credit Recovery Business and the Personal and SMEs Credit Products, including Payroll Loans, Agro and Mortgage Loans, and the Innovation team. His last position in Santander Group was served as officer in charge of the Retail Corporate Business, Government and Institutional clients. He was member of the Board of Directors of Banco Olé Consignado S.A. and Super Pagamentos e Administração de Meios Eletrônicos S.A. (“Superdigital”).

Name: André Parize Moraes Position: Chief Financial Officer Beginning of Term: 09/09/2021

Mr. Parize was appointed as a Chief Financial Officer on August, 2021. Mr. Parize joined the Santander Group in 2016 and served as Investor Relations Executive Superintendent of Santander Brasil from 2016 to 2021. He previously worked at Banco Votorantim from 2008 to 2016, as head of research and strategist, at E&Y from 2007 to 2008 and worked at Citibank and at Kroll Associates in previous years. Mr. Parize has a bachelor’s degree in business Administration from Universidade Presbiteriana Mackenzie and MBA in Capital Markets from São Paulo-FIPECAFI.

Name: Luciano Decourt Ferrari Position: Investor Relations & ESG Officer Beginning of Term: 14/07/2021

Mr. Ferrari has been our Investor Relations & ESG Officer since July 2021. Mr. Ferrari joined the Santander Group in 2003, having occupied several positions, among them Investor Relations Deputy from 2013 to 2019 and Commercial Head of Santander Private Banking from 2019 to 2021. Mr. Ferrari holds a degree in Economic Sciences from Pontifícia Universidade Católica de São Paulo (Pontifical Catholic University of São Paulo), with a specialization in Financial Management from Planejar.

Name: Alberto de Souza Filho Position: Chief Independent Channel Officer Beginning of Term: 26/04/2021

Mr. Souza Filho has served as our Chief Independent Channel Officer since April 2021. Prior to joining us, Mr. de Souza served as Senior Global Executive of the Anheuser-Busch Inbev (AB-INBEV) from 2020 to 2021. Mr. de Souza has a degree in Business Administration from Universidade Federal de Mato Grosso (Federal University of Mato Grosso), with MBA in Marketing from FIA USP (Institute of Management Foundation of the University of São Paulo).

Name: Alexandre de Oliveira Position: Chief Risks Officer Beginning of Term: 15/03/2021

Mr. Oliveira has been our Chief Risks Officer since March 2021. His background includes working at Itaú Bank for 15 years in the areas of credit, debt collection, process and operations. Mr. Oliveira joined Santander Group in 2006 working in Risks area, Head of Customer Service (SX) and Process Improvement. He also served as Chief Operating Officer at Banco Olé Bonsucesso Consignado before joining us at Getnet. Mr. Oliveira has a degree in Business Administration from Universidade Paulista – UNIP, with a specialization in Marketing from Universidade Paulista – UNIP, MBA in Risks and Finance from Universidade de São Paulo (University of São Paulo – USP) and MBA from INSPER SP.

Name: Fabrício Santos Moreira Chaves Position: Chief Operations Officer Beginning of Term: 15/03/2021

Mr. Chaves has served as our Chief Operations Officer since March 2021. Prior to joining us Mr. Chaves served as Chief Corporate Logistics officer for AMBEV. Mr. Chaves has a degree in Business Administration from Centro Universitário Newton Paiva, with a specialization in Finance and Statistics Management from Universidade Federal de Minas Gerais (Federal University of Minas Gerais) and an executive MBA from INSPER.

Name: Fernanda Carnio Papini Position: Chief Sales Officer Beginning of Term: 06/12/2021

Fernanda joined Getnet in February, 2018. She holds a degree in Advertising and Marketing from F.I.A.M., with an In Company Specialization from GV PEC, MBA from EADA (Spain) and Executive MBA in Marketing from ESPM. She has over 15 years in Sales and Marketing experience, acting as Channel Manager at BRF Foods, Trade Marketing Manager at Grupo Schincariol and Senior Manager of Corporate Accounts at Cielo.

Name: Mayra Borges de Souza Position: Chief Business Officer Beginning of Term: 06/12/2021

Mayra joined Getnet in October 2013. She holds a degree in Advertising and Marketing from ESPM, Specialization in Marketing Services from FAAP and Specialization in People Management from ADIGO. Before joining Getnet, she worked for 20 years in the Financial Market and Payments Industry at Banco Real, Santander, Itaú and Rede. In 2013, she joined us as Offers and Products Manager, ascending to Special Business Superintendent, Digital Products Executive Superintendent and, currently, Chief Business Officer.

Name: Ricardo Roquette da Silva Position: Chief Technology Officer Beginning of Term: 15/03/2021

Mr. Roquette has served as our Chief Technology Officer since March 2021, having also held the position of executive superintendent of information technology when he joined the Santander Group in 2006. Mr. Roquette previously served as Executive Superintendent of Information Technology at Banco Safra from 2015 to 2019. He has a degree in Computer Science from the Universidade do Estado do Rio de Janeiro.

Name: Rogério Anicelli Said Position: Chief HR & CX Officer Beginning of Term: 15/03/2021

Mr. Said has served as our Chief HR & CX Officer  since March 2021. Mr. Said has joined Santander Group in 2009 as Human Resources Superintendent. He has a degree in Psychology from Universidade Presbiteriana Mackenzie and MBA from ESPM – Escola Superior de Propaganda e Marketing.