Committees
Audit Committee
The Audit Committee was established in March 2012. According to the bylaws of the bank – and beyond the duties provided by laws and regulations – the Committee is responsible for: (i) the quality and integrity of nancial statements, (ii) compliance with legal and regulatory requirements, (iii) the performance, independence, and quality of the work of independent auditing rms, (iv) the performance, independence, and quality of work of Internal Audit, and (v) the quality and effectiveness of internal controls and risk management.
The Committee is composed of three Independent Members
Audit Committee Members
President
Term: from June, 2023 to the 1ˢᵗ BoD meeting after 08/23/2026
+30 years of work experience in the financial market
She worked at PwC, Bank Boston, Itaú, Cetip, Banco Original, among other companies.
She serves as Vice Coordinator of the Financial Institutions Governance Committee at the Brazilian Institute of Corporate Governance (IBGC).
She is currently the president of Pine's Audit Committee.
Member
Term: from February, 2022 to the 1ˢᵗ BoD meeting after 02/01/2027
Extensive work experience in the financial market
He worked as a manager with extensive experience in leadership positions in the companies.
Since 2013, he has been a member of the Board of Directors and is also a member of Pine's Audit Committee.
Qualified Member
Term: from August, 2023 to the 1ˢᵗ BoD meeting after 08/14/2028
+30 years of work experience in the financial market
She worked at Sudameris, Dibens and Pine.
She is currently a qualified member of Pine's Audit Committee.
Compensation Committee
The Compensation Committee was established in August 2012. The Committee is responsible for: (i) Institucional Remuneration Policy (benets, compensation xed, variable short and long term), (ii) to propose the overall amount of remuneration of directors to be submitted to the Board of Directors, (iii) ensure that the remuneration policy is competitive against market practices and at the same time is compatible with the policy of risk management, (iv) Report periodically the practices and structures of remuneration of directors to eventually be required by regulatory agencies.
The committee is composed of three members, including one independent:
Compensation Committee Members
President
Term: from August, 2022 to August 2027
+50 years of work experience in the financial market
He served as controlling shareholder, Executive VP and permanent member of the Executive Committee and Senior Credit Committee of Banco BMC. Between 1975 and 1996, he worked in the Commercial, Product and Marketing departments.
Nowadays, he is also the President of the Compensation Committee.
Member
Term: from May, 2024 to August, 2027
+15 years of work experience in the financial market
He worked at Itaú, B3, Fibra, among other companies.
Nowadays, he is also an member of Pine's Compensation Committee.
Independent Member
Term: from August, 2022 to August, 2027
+25 years of work experience
He worked at Bank Boston, Ford, Volkswagen, Votorantim, SulAmérica, Petrobras, among other companies.
He also serves on the Human Resources Committee of the Brazilian Institute of Corporate Governance (IBGC).
He is currently an independent member of Pine's Compensation Committee.
Risk and Capital Committee
The Risk and Capital Committee was established in May 2016. The Committee is responsible for supporting the Board of Directors in the performance of risk management responsibilities in all its dimensions. The Committee is also responsible for supporting the institution's capital management, addressing the risk appetite in capital dimensions (market, credit, operational), liquidity and results, overseeing the institution's risk management and control activities.
Risk and Capital Committee Members
President
Term: January, 2024 – Undetermined
Member
Term: July, 2022 – Undetermined
Member
Term: May 2023 – Undetermined
