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Administration

Administrative Council

The Board of Directors consists of 8 Directors who have the primary duty the Company‘s guidance and strategic planning. The Board of Directors is also responsible for outline the Company’s general policies and guidelines and perform the duties conferred to them by the Brazilian Corporation Law.

The Board of Directors current members are:

Members
Cláudio Luiz Lottenberg See

Cláudio Luiz Lottenberg holds a medical degree from the Paulista School of Medicine of the Federal University of São Paulo (1984), a Master‘s degree in Ophthalmology from the Paulista School of Medicine of the Federal University of São Paulo (1990) and a PhD in Medicine (Ophthalmology) from the Federal University of São Paulo (1994). He received medical residency by the Brazilian Council of Ophthalmology – CBO (1987) and improvement in Ophthalmological Emergencies by Manhathan Eye Ear and Throat (1989). He is currently a Full Member of the Brazilian Society of Ophthalmology Administration, President of the Israelita Albert Einstein Hospital, Advisor to the National Quality Foundation, Advisor to the Board of the Brazilian Council of Ophthalmology, Member of the Brazilian Society of Laser and Ophthalmology Surgery, Member of the Committee of the Federation of Industries of the State of São Paulo, Member of the University of Pittsburgh, Vice President of the Deliberative Council of the Brazil-Israel Chamber of Commerce and Industry.

André Capistrano Emrich See

Partner of FIR Capital and member of its Executive Committee. Manager of FIR Capital Fundos de Participações S/A. Member of the Board of Directors of FIR Capital Gestão de Investimentos e Participações S/A. Co-founder and CEO of CafesAll S/A (2000/2001) and Angel Investor at VERTEX Seguros (2001). Graduated in Law from UFMG in 1996, he received the title, with honors, of Master of Laws from Northwestern University School of Law, in 1998. He attended an extension program in capital markets at Harvard University. He received a scholarship granted by the Ministry of Foreign Affairs of Italy, in the Management of Technological Innovations program taught in Rome (1992). Investor of DIALAB (sold to Orgenics Therapeutics); Investor of Alvos (sold to OuroFino Saúde Animal); MITVERTEX investor (sold to Mitsubishi); Miner investor (sold to UOL); Akwan investor (sold to Google); Axado Investor (sold to Mercado Libre); Investor and Board Member at Oncoclinicas (sold to Goldman Sachs); Investor and Board Member at Devex (sold to Hexagon); Investor and Board Member of CYBERLINXX (sold to Tivit) and Investor of Pro-Criar (sold to Huntingtone).

Walfrido Silvino dos Mares Guia Neto See

He graduated in Chemical Engineering from the School of Engineering of the Federal University of Minas Gerais in 1966. He also graduated in Business Administration from the Faculty of Economic, Administrative and Accounting Sciences of Belo Horizonte – FUMEC in 1973. He joined the Company in 1966 as one of the founding partners. He held various public positions, the last being during the government of President Luiz Inacio Lula da Silva, Minister of State for Tourism (2003-2007) and Minister – Chief of the Secretariat of Institutional Relations of the Presidency of the Republic (2007). Mr. Walfrido served as a member of the board of directors of Biobrás until 2001, when he was incorporated by Novo Nordisk and currently holds the position of vice chairman of the board of directors of Kroton Educacional.

Luiz Francisco Novelli Viana See

Luiz Francisco is a founding partner and president of TMG Capital. Throughout the history of the fund has led several investments in the areas of Health, IT, Information Services and Telecom, Decision Analytics, Biotechnology, Media and Financial Technologies. Prior to founding TMG, Luiz Francisco was CEO of Latipart between 1995 and 1997, a holding company formed to restructure five private Brazilian companies. Previously, Mr. Viana was a founder, Chairman and CEO of BHM / Arlabank from 1988 to 1994. BHM / Arlabank was a joint venture between BHM, Mr. Viana‘s Investment Banking boutique and Arlabank, an investment consortium bank comprised of banks in the Middle East and Latin America. The company was sold to Assurance General de France (AGF) in 1994; between 1978 and 1989, Mr. Viana was a senior director and later CEO of the HM group, at that time, one of the Brazilian groups with operations in retail and wholesale, financial and credit card distribution with revenues of around U $ 1 billion. Luiz Francisco presides over and acts on various boards of companies, as well as being chairman and founder of GVCepe, a private equity research center in Brazil. Luiz Francisco is also Chairman of the advisory board of the AFECE (association that provides services for children with intellectual disabilities). Luiz Francisco has a degree in Business Administration from the Getúlio Vargas Foundation and a Master‘s Degree in Business Administration from the Harvard Business School in Boston, USA.

Italo Aurelio Gaetani See

He has a degree in Civil Engineering from UFMG in 1961. In 1963, he founded another company, Construtora Castor Ltda., A real estate construction and real estate company based in Belo Horizonte, MG, where he is president. Mr. Gaetani was Director of SINDUSCON (Union of the Civil Construction Industry in MG), was a member of the real estate commission of the Brazilian Chamber of Construction Industry. He has received several awards, among others, the FIEMG Industrial Merit Medal and the CDL-BH Commercial Merit Medal. Mr. Gaetani is one of the main shareholders of Biomm SA. Italo held the position of member of the board of directors of Biobrás until 2001, when it was incorporated by Novo Nordisk.

Eduardo Augusto Buarque de Almeida See

Eduardo Buarque has been a partner at TMG since its inception. At TMG, Eduardo worked in investments in the financial services sector, in addition to leading prospecting efforts in various segments and sectors of the Brazilian economy. Eduardo has an extensive consulting and executive career, having served in positions of consulting partner, management, director, vice president and president of renowned national and multinational companies, including Anderson Clayton, GTE-Sylvania, Conabra (Wilson Meat Packing), São Paulo Alpargatas, Mappin and Dako (today MABE/GE). Eduardo was also Vice-President and Operations Director of the Latinpart holding. In addition to his executive career, Eduardo is also an extra-career professor at EAESP/FGV, in the courses of Globalization and Product and Market Management and Marketing Strategy, in the Graduate courses. Eduardo holds a degree in Business Administration from Fundação Getúlio Vargas and a Masters in Business Administration (M.S.) from Southern Illinois University.

Marcio Pochmann See

Marcio Pochmann é economista graduado em Ciências Econômicas pela Universidade Federal do Rio Grande do Sul (1984), possui pós-graduação em Ciências Políticas pela Associação de Ensino Superior do Distrito Federal, doutorado em Ciência Econômica pela Universidade Estadual de Campinas (1993) e concursos de pesquisador do Centro de Estudos Sindicais e de Economia do Trabalho (1989), de professor (1994), Livre Docente (2000) e Titular (2014) pela Unicamp. Atualmente é professor colaborador voluntário no Instituto de Economia da Universidade Estadual de Campinas. Tem experiência na área de Economia, com ênfase em Economia Social e do Trabalho, atuando principalmente nos seguintes temas: desenvolvimento, políticas públicas e relações de trabalho. Atualmente ocupa o cargo de Presidente do Instituto Brasileiro de Geografia e Estatística (IBGE). O referido membro declarou não ser pessoa exposta politicamente, nos termos da Resolução CVM 50/21.

Pedro Augusto Mesquita Prado See
Laura Gomes Castanheira See
Alternates
Anna Emilia Sousa Leite Gaetani See

Anna Emília has a degree in Law from the Milton Campos Law School. He holds a Postgraduate Degree in Management with an emphasis on Business and an Executive MBA, both from Fundação Dom Cabral. She worked as a lawyer in the Tax area from 2005 to 2010. In 2010, she took over the management of Shopping Cidade de Belo Horizonte, where she remains until today.

Pedro Miguel Cordeiro Mateo See

Pedro Cordeiro has been a partner at TMG Capital since 2012. Before joining TMG, Pedro was a partner at Bain and Company, where he led projects with international clients in the Energy, Infrastructure and TMT sectors, and supported several “Private Equity” funds in investments in Brazil. At Bain, Pedro also started the Oil & Gas Practice in Latin America, and headed the Rio de Janeiro office. Pedro was also CEO of Eccelera, a “Private Equity” fund, where he raised three vehicles for investments in the real estate, technology and services sectors in Brazil. He was also a partner at McKinsey & Company, serving clients in Latin America, Europe and the United States in the Consumer Goods, Financial Services and TMT sectors. Prior to that, Pedro was a brand manager at P&G and a researcher in Low Temperature Physics at IVIC in Venezuela. Peter has a BSc. and MSc. in Nuclear Engineering, with a specialty in Plasma Physics, from the Massachusetts Institute of Technology (MIT).

Davi Khattar See

Davi Khattar, CFA com 15 anos de experiência no mercado financeiro, 12 dos quais diretamente em áreas de análise e gestão de equity. É graduado em Engenharia de Produção pela Universidade Federal do Rio de Janeiro (UFRJ) e CFA charterholder desde 2014. Começou sua carreira em 2009 na Gávea Investimentos, tendo passado pelas áreas de operações, risco e gestão de renda variável. Em 2016 migrou para o JPM Asset Management, com a mesma equipe, mandato e funções. Em 2017 se juntou à Investment One Partners / Atlas One como sócio, analista e membro do comitê de investimentos e em 2022 se tornou gestor. O referido membro declarou não ser pessoa exposta politicamente, nos termos da Resolução CVM 50/21.

Frederico Martins dos Mares Guia See

Graduated in Business Administration with a specialization in Marketing from Universidade UNIP – Uniplan in 2005. He worked as a manager at Bank of America from 1986 to 1990, was head of Credit and Collection service at Fiat Automóveis from 1991 to 1997, at TNT Logistics as assistant to Marketingt in the presidency. He currently holds the position of Cabinet Officer at the Federal Court of Auditors since 2000.

Geraldo Bernardes Franco de Moura See

Geraldo Bernardes Franco de Moura, atualmente, é acionista e membro do Conselho de Administração da Gelf Siderurgia SA. É sócio da FIR Capital e membro do Conselho da ABC da Construção. É Venture Partner na Invisto Capital.Anteriormente foi diretor e CEO do Grupo Plantar e atuou como associate nos Fundos de Private Equity da Brookfield Asset Management em Nova Iorque. Ele foi membro suplente do Conselho de Administração da Bahema Educação. Geraldo é apoiador da Fundação Estudar. É graduado em Administração de Empresas com MBA pela Cornell University. O referido membro declarou não ser pessoa exposta politicamente, nos termos da Resolução CVM 50/21.

Paulo Knörich Zuffo See
Paulo Knorich Zuffo é sócio e controller da TMG Capital, além de atuar no monitoramento das empresas investidas. Na TMG desde o ano 2.000, participou diretamente no processo de captação de fundos e na criação de valor das empresas do portfólio. É professor de Finanças, Estratégia e Liderança nos cursos de MBA da Fundação Getúlio Vargas (FGV-SP), recebendo desde 2006,quatorze prêmios como professor homenageado das turmas formadas. Anteriormente, foi consultor de gestão de empresas públicas e privadas, sendo o responsável pelo desenvolvimento dos indicadores para Negócios Sustentáveis e Responsáveis do Instituto Ethos de Empresas e Responsabilidade Social (base do Prêmio Ethos-Jornal Valor de Responsabilidade Social). Paulo éformado em engenharia eletrônica pela Escola Politécnica da Universidade de São Paulo (USP) e tem Mestrado Acadêmico em Administração de Empresas (MSc.) pela Escola de Administração de Empresas da Fundação Getúlio Vargas – EAESP-FGV. O referido membro declarou, para todos os fins de direito, que nos últimos 5 (cinco) anos, não sofreu qualquer condenação criminal, qualquer condenação em processo administrativo da Comissão de Valores Mobiliários, ou ainda qualquer condenação por decisão transitada em julgado, na esfera judicial ou administrativa, que o tenha suspendido ou inabilitado para a prática de qualquer atividade profissional ou comercial. O referido membro declarou não ser pessoa exposta politicamente, nos termos da Resolução CVM 50/21.

 

Rodrigo Godoi Rincon See
Bruno Rezende Bottrel Ricardo See
Statutory Board

Biomm’s Executive Directors, the Company‘s legal representatives are elected by the Board of Directors for a period of two years.

In accordance with the Brazilian Corporate Law, all are residents of Brazil.

The Executive Board is responsible for the business administration and complying with and enforcing the Bylaws and resolutions of the Board of Directors and the General Meeting. The board is also responsible for preparing and proposing business, operational and the Company‘s investment plans, as well as their budget.

Biomm’s Executive Board consists of:

Members Positions
Heraldo Carvalho Marchezini Chief Executive Officer See

Heraldo Marchezini has over 20 years of solid experience in the pharmaceutical market in various therapeutic segments. Senior VP of the Sanofi Group’s Latin America Region, holding the Presidency of the Brazilian Operation from February 2011 to July 2013 and is responsible for coordinating all the Group‘s companies in the Region: Pasteur, Genzyme and Merial. Member of the Sanofi Group’s Core Leadership Team. Member of the Global Pharma Operations Committee. General Director of Sanofi Group’s Brasil Sanofi and Medley (from May 2009 to July 2013) – General Director of Brasil Sanofi Aventis (September 2004 to April 2009) – General Director of Aventis Brasil (February 2004 to August 2004) – General Manager of Poland and the Netherlands – Aventis (March 2001 to February 2004) – Director of the Oncology Hospital Business Unit Rhodia Pharma and Aventis Brasil (September 1998 to February 2001). Vice President of SINDUSFARMA since 2009. President of ABIMIP during the period of 2009/2010. Vice-President of INTERFARMA from 2005 to 2007. CEO partner HR Você S.A. Magazine 2012. Recognized as “Executivo Valor” for the Pharmaceutical Segment by the Valor Econômico newspaper in 2012 and 2013.

Francisco Carlos Marques de Freitas Chief Operating Officer See

Electrical engineer graduated from UFMG in 1977, specialized in Industrial Electronics (UFMG, 1978). Graduated in Business Administration from the University of Pennsylvania, USA (1992). He attended the Advanced Management Program at INSEAD, France (1996). Project Engineer in Telemig (1977-1978). Participated in associations such as ISPE – International Society of Pharmaceutical Engineers and PDA – Parenteral Drug Association. He held the following positions in Biobrás: Executive Board member from 1995 to January 2002, Electrical Engineering Supervisor, Maintenance Manager, Engineering Manager and Industrial Superintendent. Significant experience in public procurement and international negotiations.

Francisco Rafael Costa Junior Commercial Director See

Rafael is the Company’s Commercial Director. Graduated in Pharmacy, with a Masters in Molecular Biology and an MBA from British Columbia University (Canada), is a Pharma and Biotechnology Sales and Marketing Executive, with more than 13 years of experience in companies such as Lilly, Sandoz and UCB. He led markets such as diabetes, osteosporosis, immunology, hematology, oncology and in the last 3 years he was in charge of the biosimilars unit at Amgen.

Renato Arroyo Barbeiro CFO and Investor Relations Officer See

Administrator graduated from Mackenzie University in São Paulo, with an MBA in Financial Planning and Business Control from FAAP and an MBA in Controllership from Mackenzie University. He has 23 years of experience working in the financial market of publicly and privately held national and multinational companies. His last job was as CFO and IT Director at MWM Motores e Geradores, working for 9 years managing the areas of Controllership, Finance, Costs, Strategic Planning, among others.

Advisory Committees

The Company also has Advisory Committees in support of the Board of Directors, whose purpose is to assist in the monitoring, identification and mitigation of potential risks to which the Company is exposed, through non-binding recommendations.

The current members of the Committee Composition are:

HR & Compensation Committee
Members
Eduardo Augusto Buarque de Almeida See

Eduardo Buarque has been a member of TMG since its inception. At TMG, Eduardo worked in investments in the financial services sector, in addition to leading prospecting efforts in several segments and sectors of the Brazilian economy. Eduardo has an extensive consulting and executive career, having served as a consultant, management, board of directors, vice president and president of renowned national and multinational companies, including Anderson Clayton, GTE-Sylvania, Conabra (Wilson Meat Packing), São Paulo Alpargatas, Mappin and Dako (now MABE / GE). Eduardo was also Vice President and Operations Director of the Latinpart holding. In addition to his executive career, Eduardo is also an extra-career professor at EAESP / FGV, in the courses on Globalization and Product and Market Management and Marketing Strategy, from the Postgraduate courses. Eduardo holds a degree in Business Administration from Fundação Getúlio Vargas and a Master‘s degree in Business Administration (M.S.) from Southern Illinois University.

Luiz Francisco Novelli Viana See

Luiz Francisco is a founding partner and president of TMG Capital. Throughout the history of the fund has led several investments in the areas of Health, IT, Information Services and Telecom, Decision Analytics, Biotechnology, Media and Financial Technologies. Prior to founding TMG, Luiz Francisco was CEO of Latipart between 1995 and 1997, a holding company formed to restructure five private Brazilian companies. Previously, Mr. Viana was a founder, Chairman and CEO of BHM / Arlabank from 1988 to 1994. BHM / Arlabank was a joint venture between BHM, Mr. Viana‘s Investment Banking boutique and Arlabank, an investment consortium bank comprised of banks in the Middle East and Latin America. The company was sold to Assurance General de France (AGF) in 1994; between 1978 and 1989, Mr. Viana was a senior director and later CEO of the HM group, at that time, one of the Brazilian groups with operations in retail and wholesale, financial and credit card distribution with revenues of around U $ 1 billion. Luiz Francisco presides over and acts on various boards of companies, as well as being chairman and founder of GVCepe, a private equity research center in Brazil. Luiz Francisco is also Chairman of the advisory board of the AFECE (association that provides services for children with intellectual disabilities). Luiz Francisco has a degree in Business Administration from Fundação Getúlio Vargas and a Master‘s degree in Business Administration from the Harvard Business School in Boston, USA. Luiz Francisco does not have any criminal convictions, nor has he ever been convicted, judicially or administratively, of any practice that results in his suspension or disqualification from practicing professional activities or acting in public companies.

Walfrido Silvino dos Mares Guia Neto See

He graduated in Chemical Engineering from the School of Engineering of the Federal University of Minas Gerais in 1966. He also graduated in Business Administration from the Faculty of Economic, Administrative and Accounting Sciences of Belo Horizonte – FUMEC in 1973. He joined the Company in 1966 as one of the founding partners. He held a number of public positions, the last being during the government of President Luiz Inacio Lula da Silva, Minister of State for Tourism (2003-2007) and Minister-Chief of the Secretariat for Institutional Relations of the Presidency of the Republic (2007). Walfrido served as a member of the board of directors of Biobrás until 2001, when Novo Nordisk was incorporated and currently serves as vice chair of the board of directors of Kroton Educacional. Walfrido does not have any criminal convictions, nor has he ever been convicted, judicially or administratively, of any practice that results in his suspension or disqualification from engaging in professional activities or acting in public companies.

Priscila Valle Costa de Oliveira See

Administrator graduated from UFRJ with a Masters in Administration with Emphasis in Finance from PUC-Rio. She has been working at the BNDES since 2008, starting her career in the Department of Monitoring and Management of the Open Capital Portfolio of the Capital Markets Area, later passing through the Department of Management of the Complementary Portfolio. She was a services coordinator in the Capital Markets Department and, later, in the Information Management Department. She returned to the Publicly Held Portfolio Monitoring Department as a manager in 2019 and, after working in the Companies Privatization Area, returned to the Capital Markets Area as services coordinator in the Privately Held Companies Portfolio Monitoring Department, a position that currently holds. She was an alternate member of the Board of Directors of Rio Polímeros S.A. (2008-2010) and representative member of BNDESPAR on the Governance and Sustainability Committee of Vale S.A. (2016-2017).

Audit Committee
Members
Carlos Francisco Borja See

Bachelor of Science in Accounting from PUC Minas, with specialization in Financial Administration from Fundação Dom Cabral. He served as auditor of Deloitte Tohmatsu Auditores Independentes and at Soltz Mattoso and Mendes Auditores Independentes. At the Development Bank of Minas Gerais – BDMG, an institution he has been employed since 2004, he currently holds the position of General Audit Manager.

Italo Aurelio Gaetani See

He graduated in Civil Engineering from UFMG in 1961. In 1963, he founded another company, Construtora Castor Ltda., A real estate construction and real estate company based in Belo Horizonte, MG, where he is president. Mr. Gaetani was Director of SINDUSCON (Union of the Civil Construction Industry in MG), was a member of the real estate commission of the Brazilian Chamber of Construction Industry. He has received several awards, among others, the FIEMG Industrial Merit Medal and the CDL-BH Commercial Merit Medal. Mr. Gaetani is one of the main shareholders of Biomm SA. Italo held the position of member of the board of directors of Biobrás until 2001, when it was incorporated by Novo Nordisk. Italo does not have any criminal convictions, nor has he ever been convicted, judicially or administratively, of any practice that results in his suspension or disqualification from practicing professional activities or acting in public companies.

André borges Landim See

He holds a degree in Chemical Engineering from the Federal University of Rio de Janeiro (UFRJ) and an MBA in corporate finance from Fundação Getúlio Vargas (FGV). Currently in the Capital Markets Area, he has worked for 12 years at the BNDES, having worked at the Department of the Industrial Complex and Health Services. He has experience in analysis and monitoring of investment projects, Project Finance and sector analysis in health.

Strategy Committee
Members
André Capistrano Emrich See

Partner of FIR Capital and member of its Executive Committee. Manager of FIR Capital Fundos de Participações S/A. Member of the Board of Directors of FIR Capital Gestão de Investimentos e Participações S/A. Co-founder and CEO of CafesAll S/A (2000/2001) and Angel Investor at VERTEX Seguros (2001). Graduated in Law from UFMG in 1996, he received the title, with honors, of Master of Laws from Northwestern University School of Law, in 1998. He attended an extension program in capital markets at Harvard University. He received a scholarship granted by the Ministry of Foreign Affairs of Italy, in the Management of Technological Innovations program taught in Rome (1992). Investor of DIALAB (sold to Orgenics Therapeutics); Investor of Alvos (sold to OuroFino Saúde Animal); MITVERTEX investor (sold to Mitsubishi); Miner investor (sold to UOL); Akwan investor (sold to Google); Axado Investor (sold to Mercado Libre); Investor and Board Member at Oncoclinicas (sold to Goldman Sachs); Investor and Board Member at Devex (sold to Hexagon); Investor and Board Member of CYBERLINXX (sold to Tivit) and Investor of Pro-Criar (sold to Huntingtone).

Paulo Knorich Zuffo See

Paulo Knorich Zuffo is a partner and controller of TMG Capital, as well as monitoring the investees. At TMG since 2000, he participated directly in the fund raising process and in the creation of portfolio companies‘ value. He is Professor of Finance, Strategy and Leadership in the MBA courses of the Getúlio Vargas Foundation (FGV-SP), receiving, since 2006, fourteen prizes as honored teacher of the classes formed. Previously, he was a consultant in the management of public and private companies. He was responsible for the development of the indicators for Sustainable and Responsible Business of the Ethos Institute of Business and Social Responsibility (Ethos-Journal Value of Social Responsibility Award). Paulo holds a degree in electronic engineering from the Polytechnic School of the University of São Paulo (USP) and holds an MSc in Business Administration (MSc.) From the School of Business Administration of Fundação Getúlio Vargas – EAESP-FGV.

Luiz Francisco Novelli Viana See

Luiz Francisco is a founding partner and president of TMG Capital. Throughout the history of the fund has led several investments in the areas of Health, IT, Information Services and Telecom, Decision Analytics, Biotechnology, Media and Financial Technologies. Prior to founding TMG, Luiz Francisco was CEO of Latipart between 1995 and 1997, a holding company formed to restructure five private Brazilian companies. Previously, Mr. Viana was a founder, Chairman and CEO of BHM / Arlabank from 1988 to 1994. BHM / Arlabank was a joint venture between BHM, Mr. Viana‘s Investment Banking boutique and Arlabank, an investment consortium bank comprised of banks in the Middle East and Latin America. The company was sold to Assurance General de France (AGF) in 1994; between 1978 and 1989, Mr. Viana was a senior director and later CEO of the HM group, at that time, one of the Brazilian groups with operations in retail and wholesale, financial and credit card distribution with revenues of around U $ 1 billion. Luiz Francisco presides over and acts on various boards of companies, as well as being chairman and founder of GVCepe, a private equity research center in Brazil. Luiz Francisco is also Chairman of the advisory board of the AFECE (association that provides services for children with intellectual disabilities). Luiz Francisco has a degree in Business Administration from Fundação Getúlio Vargas and a Master‘s degree in Business Administration from the Harvard Business School in Boston, USA. Luiz Francisco does not have any criminal convictions, nor has he ever been convicted, judicially or administratively, of any practice that results in his suspension or disqualification from practicing professional activities or acting in public companies.

Walfrido Silvino dos Mares Guia Neto See

He graduated in Chemical Engineering from the School of Engineering of the Federal University of Minas Gerais in 1966. He also graduated in Business Administration from the Faculty of Economic, Administrative and Accounting Sciences of Belo Horizonte – FUMEC in 1973. He joined the Company in 1966 as one of the founding partners. He held a number of public positions, the last being during the government of President Luiz Inacio Lula da Silva, Minister of State for Tourism (2003-2007) and Minister-Chief of the Secretariat for Institutional Relations of the Presidency of the Republic (2007). Walfrido served as a member of the board of directors of Biobrás until 2001, when Novo Nordisk was incorporated and currently serves as vice chair of the board of directors of Kroton Educacional. Walfrido does not have any criminal convictions, nor has he ever been convicted, judicially or administratively, of any practice that results in his suspension or disqualification from engaging in professional activities or acting in public companies.