Ricardo José Da Costa Flores

Biography

Mr. Ricardo José Da Costa Flores has been the Chief Executive Officer of Previ, the pension fund of the employees of Banco do Brasil S.A., since June 2010. Mr. Da Costa Flores served as the Chief Executive Officer and Investor Relations Director at Litel Participacoes, S.A. Mr. Da Costa Flores has been Chairman of the Board of Directors at Valepar since December 2010 and Chief Executive Officer since November 2010. He served as the President of Federação Nacional de Capitalização (Fenacap) at Banco Bradesco S.A. from January 2008 to March 2011. Mr. Da Costa Flores served as the Vice-President of Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização (CNSeg) from January 2008 to March 2011 He served as Head of industry's representative group of FenaCap. Mr. Da Costa Flores served as a Member of the Executive Board at Banco do Brasil S.A. He served as a Member of the Board of executive officers of Federação Brasileira de Bancos (Febraban). Mr. Da Costa Flores served as the Vice President of Credit, Accounting & Global Risk of Banco do Brasil S.A since April 2009 and served as its Vice-President of Credit Controlling and Risk Management and Director of Insurance, Pensions and Capitalization. He served as an Executive Manager of the Assets Restructuring Unit and Director of Operational Assets Restructuring of Ativos S.A. - Financial Credit Security. He serves as the Chairman of the Board of Directors of Brasilcap Capitalização S.A. He serves as Director of Brasilprev Seguros e Previdência S.A. He served as the Chairman of the Board of Directors at Vale S.A. since November 2010 until September 2012. He served as the Chairman of the Board of Directors of Banco Nossa Caixa. He served as the President of the board of directors of Ativos S.A. - Financial Credit Security. He served as Director of Vale S.A. since 2010 until September 2012. He served as a Member of Statutory Board at Banco do Brasil S.A. since April 2009. He served as a Director of Banco Do Brasil S.a. He is a graduate in Economic Sciences with expertise in Project Analysis and Development. He has an MBA in General Basic Training for Top Executives and an MBA in Accounting.

Research Interest

Bnaking and Business