Audit Committee
The Audit Committee is responsible for assisting the Board of Directors in monitoring the quality, transparency, and integrity of financial statements and internal controls. Thus, this Committee aims to contribute to improving the quality and reliability of accounting information, as well as the control and risk management systems of Banco Mercantil.
He has been a member of Banco Mercantil’s Audit Committee since 2018. He has held prominent positions in various companies within Grupo Mercantil. He graduated in Accounting from ICNP and earned an MBA in Financial Management and Controllership from FGV.
He was a member of the Board of Directors and Fiscal Council. He was also the coordinator of Banco Mercantil’s Audit Committee. He holds a graduate degree in Economics and Business Law from Fundação Getúlio Vargas (Belo Horizonte), with a specialization degree in Business Law focused on Financial Institutions – an “in-company” course offered by Coppead – UFRJ. He also graduated in Law from the Pontifical Catholic University of Minas Gerais – PUC-MG.
He has been a member of the Board of Directors of Banco Mercantil since 2020. He served as Executive Director of Technology at Mercantil from 2008 to 2020. His main professional experiences in the last five years include the implementation of Information Technology Governance and significant developments in the technological and business environment of the Bank, such as the digitization of processes at service points with the implementation of the “Paper-Less” solution, the development and launch of the Mobile Banking application and AI-based virtual assistants, the implementation of Business Intelligence solutions, and the creation of mobile service points and the structuring and operation of a new Data Center. He was a member of the Innovation Committee of FEBRABAN and the CIO Council of the Society of Technology of Minas Gerais, SUCESU MG. He graduated in Foreign Trade from Centro Universitário Newton Paiva, holds an MBA in Strategic Information Technology Management from Fundação Getúlio Vargas, and is certified in the Board of Directors Program by Fundação Dom Cabral.
Compensation Committee
The Compensation Committee reports directly to the Board of Directors and aims to ensure transparency and alignment of the executive compensation process at Banco Mercantil with industry practices and regulations, supporting the establishment and supervision of management’s compensation policy.
He has been a member of the Board of Directors of Banco Mercantil since 2020 and CEO of Banco Mercantil since 2020. His main professional experiences in the last five years include financial planning and schedule management from FEL4 of Petrobras’ Replicantes Project. He was the Treasury and Finance Manager and Executive Director of Finance, Investor Relations, HR, and Marketing at Banco Mercantil. He graduated in Electrical Engineering from UFMG, holds a specialization degree in Projects and Engineering applied to the oil and gas chain from Petrobras University, and completed graduate degrees in Financial Management, Controlling, and Auditing from Fundação Getúlio Vargas. He holds a Harvard Business School certificate in Business Analytics, Economics, and Financial Accounting with High Honors; and Negotiation Mastery, as well as certifications in PMP, CNPI, and CGA. He is currently enrolled in the Global Banking Program at Columbia Business School.
He has been the Human Capital Manager since 2007. He has been a member of Banco Mercantil’s Compensation Committee since 2018 and serves as the Coordinator of Banco Mercantil’s Ethical Conduct Committee. He has extensive experience in labor relations management, salary and wage plans, and union negotiation. He graduated in Business Administration in 1993, with a specialization in Strategic Human Resources Management from UFMG and Business Management from FUMEC.
He has been the Manager of Economic-Financial Control at Banco Mercantil for over ten years. He was elected as the Director of Benefits of the Vicente de Araújo Assistance Fund – CAVA in 2021, where he has also served as Administrative Director. His main professional experiences in the last five years include ensuring the management of the economic-financial control department of Banco Mercantil S.A., including ensuring the standardization of application of tax and accounting standards in BRGAAP and IFRS in the Group; ensuring the adequacy of accounting and economic-financial record keeping and reporting; and promoting the monitoring and analysis of accounting and tax aspects of projects and contractual instruments. He graduated in Accounting from UNA and in Law from the University of Itaúna. He holds an MBA in Business Law from IBMEC, an MBA in IFRS from FACISA College, and an ANBIMA CPA 20 certification.
Executive Director of Finance, Strategy, Operations, and Investor Relations of Mercantil since August 2021. Mr. Paulino Ramos Rodrigues has over 12 years of experience in leadership positions (CFO, COO, CIO, Director of Planning and Administration, IRO) in different sectors (banking, manufacturing, technology, beverages, agribusiness). He earned degrees from the University of Chicago Booth School of Business, UFRGS, and FGV. In 2015, he was chosen as Latin America CIO of the Year. Paulino has been an executive in large companies such as Banco Cooperativo Sicredi and Confederação Sicredi, Teikon Tecnologia, Springer Carrier, and Coca-Cola. Between 2018 and 2019, he was the Investor Relations Officer at Banco Agibank S/A, where he also worked in Financial Planning and Analysis, Finance, and Treasury. Between 2020 and 2021, he served as Chief Financial Officer (CFO) of Vibra Agroindustrial S/A, a company in the agribusiness sector in the animal protein segment.
She has been the Executive Director of Legal Affairs, Ombudsman, Credit, and Corporate Governance at Banco Mercantil since 2020, where she also worked as an Investor Relations Officer until August 2021. Her main professional experiences in the last five years include a career in financial institutions, and holding senior management positions for the last six years. She has experience as a member of advisory councils and boards of directors. She graduated in Law from UFMG, holds an MBA in Finance from IBMEC-MG, and has a specialization degree in Economics and Business Law from Fundação Getúlio Vargas. She is also certified in Risk Management in Banking by INSEAD and in International Business Law by the University of California/Irvine.
Risk Committee
The Risk Committee is responsible for advising the Board of Directors in the performance of duties related to risk management and capital management.
He has been a member of the Board of Directors of Banco Mercantil since 2020 and CEO of Banco Mercantil since 2020. His main professional experiences in the last five years include financial planning and schedule management from FEL4 of Petrobras’ Replicantes Project. He was the Treasury and Finance Manager and Executive Director of Finance, Investor Relations, HR, and Marketing at Banco Mercantil. He graduated in Electrical Engineering from UFMG, holds a specialization degree in Projects and Engineering applied to the oil and gas chain from Petrobras University, and completed graduate degrees in Financial Management, Controlling, and Auditing from Fundação Getúlio Vargas. He holds a Harvard Business School certificate in Business Analytics, Economics, and Financial Accounting with High Honors; and Negotiation Mastery, as well as certifications in PMP, CNPI, and CGA. He is currently enrolled in the Global Banking Program at Columbia Business School.
He has been an Executive Director of Banco Mercantil since 2017. He currently serves as Executive Director of Processes, Operations, and Efficiency. His main professional experiences in the last five years include leadership of development teams and business development, customer knowledge (Data Mining, Cluster Analysis, Design Thinking, Business Intelligence, Cross-Selling, Up-Selling), customer experience and relationship (CX and CRM), digital channels, and customer success (CS) and success of the operations teams. He is responsible for defining, managing, and implementing business tactics, considering the entire client journey within the organization, as well as managing the infrastructure and security of the service network. He graduated in Economics from UFMG and completed an Executive MBA in Business Management / Finance from IBMEC-MG.
He has been the Executive Controllership Director of Banco Mercantil since 2017. His main professional experiences in the last five years include work in the areas of Accounting, Tax Control, Costs, Feasibility Studies for new Investments, and Multidisciplinary Projects. He graduated in Business Administration and Accounting, holds a graduate degree in Controllership and Finance from UFMG, and completed an MBA in Business Management from FGV.
She has been a Director at Banco Mercantil since 2017, and is currently responsible for the Compliance and Risk Board – CRO and DPO. Her focus in the last five years has been on risk and performance, with experience in strategy management (planning, budget, and performance indicators / BSC), risk and capital management, internal controls, Compliance, and PLD. Before joining Mercantil in 2001, she worked as an external auditor at Arthur Andersen, with experience in various sectors, especially telecommunications and steelmaking. She graduated in Business Administration from PUC/MG, completed an MBA in Finance from IBMEC-MG, has several specialization degrees in risk, performance tools, and GRC – Governance, Risk, and Controls, and has experience in finance courses at NYU – New York University.