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Finame's Councils and Boards

Finame’s Advisory Board

Main responsibilities:

Among its main responsibilities, the following stand out:

  1. Approve, as proposed by the Executive Board, Finame’s plans and programs, establishing the general lines of its business;
  2. Provide opinions on annual and pluriannual investment and administrative budgets;
  3. Provide council to the Executive Board to establish policies to be adopted and define sectorial priorities;
  4. Provide opinions on Finame’s Annual Performance Report, financial statements for the year and proposals to allocate earnings, approve annual audit reports and information on the results of Finame’s efforts and on the main projects it supports;
  5. Provide council to the BNDES concerning Finame’s general guidelines;
  6. Provide opinions on subjects of Finame’s interest submitted either by the Executive Board or the BNDES.

Composition

President

Marcelo Serfaty

Counselors

  • William George Lopes Saab (employee representative of BNDES)
  • Marcelo Sampaio Cunha Filho 
  • Juan Pedro Jensen Perdomo 
  • Mansueto Facundo de Almeida Junior
  • Waldery Rodrigues Junior
  • Walter Baere de Araújo
  • Heloisa Belotti Bedicks
  • João Laudo de Camargo
  • Vacant

Periodicity

Quarterly

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Finame’s Fiscal Council

Main responsibilities:

The Fiscal Council is in charge of examining and providing opinions on balance sheets and financial statements, as well as on the accounts rendered by Finame’s Board, besides exercising other responsibilities as set forth in Act Nº. 6,404, of December 15, 1976.

Composition

President

  • Pricilla Maria Santana

President's substitute

  • Eduardo Garcia de Araújo Jorge

Substitutes

  • Leonardo Silveira do Nascimento
  • Danilo Soares Pacheco de Medeiros
  • Vacant

Periodicity

Quarterly

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Finame’s Executive Board

Main responsibilities:

It is up to the Executive Board is to exercise all powers in the general administration and executive management of Finame, as well as:

  1. Establishing general application programs and plans related to Finame’s efforts;
  2. Establishing criteria to apply Finame’s resources, including defining priority scales;
  3. Preparing both annual and pluriannual investment and administrative budgets, including costs, to be approved by the Advisory Board;
  4. Approving general operating standards;
  5. Approving Finame’s bylaws, defining its administrative structure, the responsibilities of its entities and possible delegation of said responsibilities;
  6. Deliberating on financial support operations;
  7. Preparing Finame’s Annual Performance Report, financial statements for the year, and proposals to allocate earnings to be approved by the Advisory Board and the Fiscal Council;
  8. Authorizing the acquisition, divestment and guarantee of property and real estate;
  9. Authorizing agreements, contracts and covenants that constitute onuses, obligations or commitments for Finame or that are required for its operations.

Composition

Same members of the BNDES’ Board, as follows:

Chairman
Gustavo Montezano

Directors
Eliane Aleixo Lustosa de Andrade
José Flávio Ferreira Ramos
Ricardo Barros
Roberto Marucco
Fábio Abrahão
Leonardo Cabral
Petrônio Cançado
Saulo Puttini

Periodicity

The Board meets regularly once a month, and extraordinarily, whenever summoned by the Chairman.

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