Board of Directors

Our board of directors is comprised of professionals with solid experience in different fields and focuses on promoting long-term returns to shareholders. The board is responsible for defining the company’s strategy and bringing independent judgement on issues of performance and risk while supervising the actions of the executive officers through the approval of relevant projects and assessment of results. Additionally, the board approves each of the quarterly and full-year financial results and dividend announcements.

The company bye-laws allow for the formation of the board of directors, composed of at least five members, with terms of office of up to two years, with the right to re-election. Board meetings are conducted quarterly, and extraordinarily when convened by any member of the board.

Cezar Baião

Graduated in Economics from the Catholic University of Rio de Janeiro (PUC-Rio). Having joined Wilson Sons in 1994 as CFO, served as CEO of the Brazilian operations for 20 years. During his term, Wilson Sons became the largest integrated provider of port and maritime logistics services in Brazil. From 1982 to 1989, he served as Money Market Manager at JP Morgan and also as Finance Director of Grupo Lachmann, between 1989 and 1994. He is a board member of Rio de Janeiro Industrial Center (CIRJ).

Hugues Ronan Favard

Mr Hugues Favard is the Chief Investment Officer of MSC Mediterranean Shipping Company S.A., based in Geneva, a role he has held since January 2023. He has been with the MSC Group since 2008, serving in various senior finance positions, including Chief Financial Officer of Terminal Investment Limited Group (2012–2013) and Group Project Development Officer (2014–2022). Mr Favard began his career as an auditor with Ernst & Young in England (1998–2001) before moving to KPMG in Switzerland (2001–2007). He holds a Master’s degree in Management with a specialisation in Accounting and Management Accounting from Audencia, Nantes, and a Postgraduate Diploma in Finance and Accounting from Lancaster University. He is a Fellow Chartered Accountant of the Institute of Chartered Accountants in England and Wales (ICAEW).

José Francisco Gouvêa Vieira

Received a Law Degree from the Catholic University of Rio de Janeiro in 1972. He holds a Masters degree in Law from Columbia University, New York (1978). He has been a Partner with Gouvêa Vieira Advogados since 1971 and has been with the Company since 1991. He has served as Chairman of the Board (1997-2022) and Director of Ocean Wilsons Holdings Limited (1997-2022) and of Ocean Wilsons (Investments) Limited (1997-2022). He served as a Director of various companies, including PSA Peugeot Citroen Brazil, Lafarge Brazil, Ultrapar, Cetip, Concremat – Engenharia e Tecnologia S.A (member of China Communication and Construction company). He is a member of the Corporate Governance Committee of the American Chamber of Commerce – São Paulo (2005) and honorary consul to the Kingdom of Morocco in Rio de Janeiro (2007).

Elber Alves Justo

Mr Elber Justo is the Chief Executive Officer of MSC Mediterranean Shipping do Brasil Ltda., a position he has held since 2008. After gaining his initial experience in the shipping sector, he joined the MSC Group in 1997, serving in various leadership roles across operations, planning, and commercial areas, including as Commercial Director (2007–2008). He holds a degree in Business Administration, a postgraduate qualification in Ports and Logistics, an MBA from Fundação Getulio Vargas (FGV), and an MBA in People Management from the University of São Paulo (USP).

Cláudio Frischtak

Is the head of Inter.B – Consultoria Internacional de Negócios, a financial and economic consulting firm based in Rio de Janeiro, Brazil. Mr. Frischtak was formerly a Principal Economist at the World Bank where he worked from 1984 to 1991. Mr. Frischtak’s graduate work in economics was undertaken at the University of Campinas, Brazil and at Stanford University (1980-84). While at the World Bank he was an Adjunct Professor at the Department of Economics at Georgetown University (1987-1990). He has published over 100 academic papers and books and has worked extensively on issues related to infrastructure, industrial organisation and regulatory/competition policy, and innovation and technological change.

Mauro Moreira

Graduated in Accounting and Business & Management, he completed the Strategic Leadership for Partners at Harvard University, Vevey, Switzerland. He has 39 years of experience in auditing and consulting, of which 24 years as an audit partner, being six at Arthur Andersen and 18 at Ernst Young (EY), having accumulated significant knowledge of US GAAP, IFRS and SOX in serving domestic and foreign clients from various industries. He led EY’s headquarters in Rio de Janeiro during the 18 years of office. He is a former director and current member of the Brazilian Institute of Independent Auditors (IBRACON) in Rio de Janeiro and is currently an Effective Board Member to the Regional Accounting Council of Rio de Janeiro (CRCRJ). Additionally, he has served as Director of the American Chamber of Commerce (AMCHAM).