Relationships - Banco Itaú

Corporate Governance
Five committees
and an Advisory Board comprise the governance
structure of Itaú, which has been strengthened by
combining the best practices from both banks.
Members of the Itaú BBA S.A.
Executive Committee.
Itaú BBA S.A. Executive Committee
Candido Botelho Bracher
Chairman
Alberto Fernandes
Sales and Products
Antonio Carlos Barbosa de Oliveira
IT, Legal, Compliance and Operations
Daniel Gleizer
Institutional Treasury
Jean Marc Etlin
Investment Bank
Rodolfo Fischer
Institutional Treasury
Audit Committee
There is a single Audit Committee for all our
companies and it is responsible for ensuring
the quality and integrity of financial statements,
compliance with legal and regulatory
requirements and the quality and effectiveness
of internal control and risk management
systems. The Audit Committee is also
responsible for the performance, independence
and quality of the work of external auditors, as
well as the performance, independence and
quality of internal auditing.
People Committee
The People Committee is responsible for guiding
the development and retention of talents. For
this reason, among other responsibilities, it
must develop pay models for top executives
and evaluate and approve compensation
packages for directors, as proposed by the CEO.
Additionally, the People Committee establishes
guidelines for recruitment, appraisal and
career planning to ensure the development of
successors for all key positions.
Appointment and
Corporate Governance Committee
The Appointment and Corporate Governance
Committee’s main objective is to monitor the
governance of the Organization, particularly
with respect to matters related to the Board
of Directors. It also is responsible for helping
the Chairman of the Board decide on board
membership. Its most important functions
include: identifing, analyzing and proposing
candidates for the Board to submit at
Shareholders Meetings; review the definition
criteria for independent directors; evaluate
the work of the Board; and discuss and make
recommendations on the succession of the
Chairman of the Board and other directors,
plus the Chief Executive Officer. Based on
criteria established by the Board of Directors,
the Committee also analyzes and comments
on situations of potential conflict of interest
between directors and companies within
the Organization.
32 Itaú Unibanco Holding S.A.