Councils, Committees and Executive Board

Diretoria conselho e comites

Board of Directors
Name Position Date of Election and Investitture Term of Office
José Ignacio Sánchez-Galan Chairman 08/24/2017 08/23/2019
Graduated in industrial engineering from the Engineering School (ICAI) of the Comillas Pontifical University (Madrid). Mr. Galán holds a degree in Business Administration and Foreign Trade from ICADE of the Comillas Pontifical University (Madrid), and in General Business Administration and Foreign Trade from the Industrial Organization School (EOI) in Madrid. He currently holds the positions of Director in several companies of the Iberdrola group. Prior to joining Neoenergia, he held management positions at the Spanish company Tudor S.A. (Exide Group) and acted as director and Industry general manager at Turboprop S.A. He also held the position of CEO of Eurojet and Airtel Móvil (Vodafone Spain). Mr. Galán holds honorary degrees from the universities of Salamanca, Edinburgh and Strathclyde, where he is a visiting professor. He currently chairs the public services group at the World Economic Forum and is a member of the steering committee of the European round table of industries. He is also a member of the Global Sustainable Electricity Partnership and the Magritte Group. In 2014, Mr. Galán received the Responsible Capitalism Award from FIRST, a multidisciplinary international affairs organization.
Mario Jose Ruiz-Tagle Larrain Full member 08/24/2017 08/23/2019
Mr. Larrain holds a graduate degree in Law from the Diego Portales University and an MBA from the Pontifical Catholic University of Chile. He currently holds management positions in several companies of the Iberdrola group. He has extensive experience in the Energy sector. He was Chairman of the Board of Directors of the Water Company of Los Lagos – ESSAL; the Electric Power Company Lican S.A.; and the Ibero-American Energy Society – IBENER S.A. Currently, he acts as Chief Executive Officer of the Neoenergia Group and Member of the Board of Directors of Neoenergia S.A.
Jose Sainz Armada Full member 08/24/2017 08/23/2019
Mr. Armada holds a graduate degree in Law and Business Administration from ICADE of the Comillas Pontifical University and an MBA from INSEAD. He currently holds management positions in several companies of the Iberdrola group. He began his professional career at JP Morgan and later held several positions at the Banking Corporation of Spain, where he was CFO from 1996 to 2000. He worked at Banco Bilbao Vizcaya Argentaria as General Manager of Asset Management from 2001 to 2002 and Managing Director of Corporate Value from 2000 to 2001. He is also a board member of Jarama Desarrollos Inmobiliarios, SL and CEO of Querada, SL.
Juan Carlos Rebollo Liceaga Full member 08/24/2017 08/23/2019
Graduated in Business Administration, specialized in finance, from the University of Deusto. He holds management positions in several companies of the Iberdrola group. Previously, he worked for Arthur Andersen & Co.
Pedro Azagra Blazquez Full member 08/24/2017 08/23/2019
Mr. Blázquez holds a graduate degree in Law and Business from ICADE of the Comillas Pontifical University and an MBA from the University of Chicago. He currently holds management positions in several companies of the Iberdrola group. He previously worked for Morgan Stanley in London and New York. He is also a professor of corporate finance, mergers and acquisitions at ICADE and a member of the advisory board of the Lopez-Ibor Foundation.
Santiago Matias Martinez Garrido Full member 08/24/2017 08/23/2019
Mr. Garrido holds a degree in Law from the Complutense University of Madrid, a degree in Business Law from the University Centre of San Pablo CEU, a graduate degree from the IESE Business School (Institute of Business Studies – IESE) at the University of Navarra and a PhD from the Autonomous University of Barcelona. He currently holds management positions in several companies of the Iberdrola group. Previously, he acted as State prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of Interior, and as director of the legal department of the Ministry of Justice. Mr. Garrido also worked as the Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of the Royal Academy of Jurisprudence and Legislation in Madrid since 2014. He also acted as member of the Board of Directors of Transmediterránea, Infoinvest and the State Society of International Exhibitions, member of the Bar Association of Madrid, as well as lawyer of the regional government of Castilla y León and the State Council.
Marcus Moreira de Almeida Full member 08/24/2017 08/23/2019
Mr. Almeida holds a degree in Business Administration from the Fluminense Federal University – UFF and an MBA in Finance from the Brazilian Institute of Capital Markets (IBMEC). He developed his career at Banco do Brasil S.A., worked as executive director at Brasilcap Capitalização S.A. and acted as member of the fiscal council of Kepler Weber S.A. He currently holds the position of Investment Officer of PREVI – Banco do Brasil Employees’ Pension Fund.
Márcio Hamilton Ferreira Full member 08/24/2017 08/23/2019
Graduated in Business Administration from the Management School of Brasília and post-graduated from the Getúlio Vargas Foundation. Mr. Ferreira has been working at Banco do Brasil since 1986, where he acted as Director of Capital Markets and Investments, Finance Director and Credit Officer. In 2017, he took on the position of Vice-President of Internal Controls and Risk Management. He was Director of Investments of Previ and CEO of BBDTVM. He worked as member of the Board of Directors of Companhia de Pernambuco – Celpe, of the concessionaire of the International Airport of Guarulhos S/A and of Invepar. He was also a member of Cielo’s Fiscal Council. He is currently a member of the Executive Board of Febraban, Chairman of the Board of Directors of BBDTVM and member of the Board of Directors of Brasilcap Capitalização S/A and Neoenergia S/A.
Cristiano Frederico Ruschmann Full member 08/24/2017 08/23/2019
Graduated in Law from the University of São Paulo (USP) and from the Albert Ludwigs University of Freiburg (Albert-Ludwigs-Universität Freiburg). Mr. Ruschmann is a founding partner of the law firm Brazuna, Ruschmann and Soriano and member of the Fiscal Council of the Association of Parents and Friends of Exceptional Children of São Paulo (APAE) and the Yacht Club Paulista (YCP).
Juan Manuel Eguiagaray Ucelay Full member 08/24/2017 08/23/2019
Mr. Ucelay holds a degree in Economics, a post-graduate degree in European higher education from the University of Nancy (Nancy-Université) and a PhD in Law from the University of Deusto. Previously, he acted as member of the Board of Directors of Promek S.L. and the European Aeronautic Defense and Space Company, as well as member of the Advisory Council of Siemens S.A., Capgemini Service SAS, Eptisa Servicios de Ingeniería, S.L., Future Space S.A. and Creade. He is also the CEO of the non-governmental organization Solidariedad Internacional and Chairman of the Advisory Council of Fundación Alternativa.
Márcio Luiz Moral Full member 08/24/2017 08/23/2019
Mr. Moral holds a degree in Systems Analysis from the Methodist University of Piracicaba (UNIMEP), a post-graduate degree in Systems Analysis from the Pontifical Catholic University of Campinas, an MBA in Marketing from the Dom Cabral Foundation and an Advanced Management Program from IE Business School (Madrid/Spain). He is Chairman of the Board of Directors of Banco do Brasil Aktiengesellschaft – BB AG (Vienna/Austria), and member of the Board of Directors of BB Securities Limited (London/United Kingdom), Banco do Brasil Securities LLC (New York/USA) and BB Securities Asia Pte. Ltd (Singapore/Asia). Since 2015, he has been working as executive director of Banco do Brasil S.A., and has held the positions of Executive Manager on the Corporate Bank Board and on the International Business Board, and was a manager of BB’s branch in Lisbon/Portugal.
Asis Canales Abaitua Deputy member 08/24/2017 08/23/2019
Graduated in Business and Economics from the University of Deusto. Mr. Abaitua currently holds management positions in several companies of the Iberdrola group. He is also vice-president of the Tecnalia Research & Innovation Foundation, the Bilbao Chamber of Commerce and the Bizkaia Entrepreneurial Confederation of Bizkaia (CEBEK). In addition, he is a member of the Executive Board of the Basque Innovation Agency (Berrikuntzaren Euskal Agentzia – Innobasque).
Ignacio Cuenca Arambarri Deputy member 08/24/2017 08/23/2019
Mr. Arambarri holds a degree in Economics from the Autonomous University of Madrid, a graduate degree in Executive Development from the IESE Business School of the University of Navarra and a post-graduate degree in Industrial Economics from the Carlos III University of Madrid. He currently holds management positions in several companies of the Iberdrola group.
Francisco Javier Hernando Isla Deputy member 08/24/2017 08/23/2019
Graduated in Economics and Business Administration from the University of Deusto. He currently holds management positions in several companies of the Iberdrola group. He acted as a member of the Board of Directors of Medgaz S.A.
Isabel Patricia Sanchez Herrero Deputy member 08/24/2017 08/23/2019
Mrs. Herrero holds a degree in Economics from the Autonomous University of Madrid, a post-graduate degree in Accounting and Financial Auditing from the Autonomous University of Almería. Previously, she worked at Arthur Andersen & Co. She currently holds management positions in several companies of the Iberdrola group, and is also a professor of corporate finance and financial management at ICADE of the Comillas Pontifical University.
Justo Garzón Ortega Deputy member 08/24/2017 08/23/2019
Graduated in Law and Lawyer in Business Advisor from the Comillas Pontifical University in Spain, Mr. Ortega holds an MBA in Commercial Law from the FGV and a corporate degree from the Adolfo Ibáñez University – UAI. He has built a solid financial career in the Legal Services area of Banco Santander. He was also a university professor in Business Law at the Excoex University in Spain, and Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – an international group that operates in several segments of the electric power industry: generation, transmission, distribution and sale. He currently holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
Aires Hypolito Deputy member 08/24/2017 08/23/2019
Mr. Hypólito holds a degree in Linguistics from USP, a post-graduate degree from the Pontifical Catholic University of São Paulo (PUC-SP) and an MBA from the State University of Rio de Janeiro (UERJ). He was CEO of Cartão BRB, executive director of Banco do Brasil, Banco de Brasília, BB Turismo and Business to Business Informática Brasil. He was also a member of the Board of Directors of Visanet, Cobra Tecnologia, Brasilseg Participações, Seguros BRB and Cartão BRB, member of the advisory committee of BB Turismo and member of the executive committee of SEBRAE Nacional.
Alexandre Tujisoki Deputy member 08/24/2017 08/23/2019
Mr. Tujisoki holds a degree in Economics from USP, an MBA in Corporate Business Management from the Accounting, Actuarial and Financial Research Foundation (FIPECAFI) and a post-graduate degree in Business Administration from the Dom Cabral Foundation. He currently holds the position of Chief Financial Officer of AB Concessões S.A., CFO and Investor Relations Officer of the concessionaire Rodovias das Colinas S.A., Chief Financial and Investor Relations Officer of Triângulo do Sol Auto Estradas S.A., CFO and Investor Relations Officer of the concessionaire of Rodovia MG-050 S.A. and member of the Board of Directors of the concessionaire of Rodovias do Tietê S.A.
Baldomero Navalon Burgos Deputy member 08/24/2017 08/23/2019
Mr. Burgos holds a degree in Civil Engineering from the Polytechnic University of Madrid and an MBA from the IESE Business School of the University of Navarra. He currently holds management positions in several companies of the Iberdrola group.
Ives Cezar Fulber Deputy member 08/24/2017 08/23/2019
Mr. Fulber has a degree in Administration from the Paulista University (UNIP), a degree in Corporate Finance from the Pontifical Catholic University of Rio de Janeiro, a degree in Administration for senior executives from FGV, and an MBA in Public Administration from FUNDACE/USP. He has built a solid career at Banco do Brasil, where he has worked for 33 years (from July 1982 to November 2015). In the last years working at Banco do Brasil, he held the position of Director of Risk Management and Director of Agribusiness, as well as other executive positions in Brazil and abroad. He also held the position of Investment Director of PETROS from June to October 2016. Board member certified by IBGC, he participated as member of the Board of Directors of BB Securities Asia Pte. Ltd., BB Securities Ltd., Banco do Brasil Securities LLC, BB AG Vienna, Centrais Elétricas de Santa Catarina S.A. – CELESC and COSERN; and as member of the Fiscal Council of IRB – Brasil Resseguros S.A., BB Seguros, Brasilcap Capitalização S.A. and BB Consórcios.
Fiscal Council
Name Position Date of Election and Investiture Term of Office
Camilo Buzzi Sitting Member 08/24/2017 2018 ASM
Mr. Buzzi holds a degree in Economics from the Armando Álvares Penteado Foundation – FAAP and an MBA from IBMEC. He acts as Superintendent of Large Corporate at Banco do Brasil S.A.
Elected by minority shareholders
Maria das Graças Conceição Machado Costa Sitting Member 08/24/2017 2018 ASM
Mrs. Costa holds a degree in Chemical Engineering from the University of the State of Paraíba (UEPB), a post-graduate degree in Strategic Management from the Dom Cabral Foundation, a degree in Corporate Governance from FIPECAFI and an MBA in Business for Banco do Brasil’s executives from UEPB. She was a member of the Fiscal Council of Gerdau S.A., member of the Board of Directors of Telemar S.A., as well as Chairman of the Board of Directors and Executive Director of CASSI. She is currently the Administrative and Financial Director of ANABB, and also a member of the Executive Board of the National Employees Association of Banco do Brasil.
Elected by minority shareholders
Francesco Gáudio Sitting Member 08/24/2017 2018 ASM
Graduated in Accounting and Administration from Faculdade Moraes Júnior. Mr. Gáudio was a director of Banco Dracma S.A., Mesbla Serviços Financeiros S.A. and Fininvest S.A., and held positions in companies of the Iberdrola group. He was also a managing partner of MM III Assessoria e Factoring Comercial Ltda.
Elected by the Controller
Glaucia Janice Nitshe Sitting Member 08/24/2017 2018 ASM
Mrs. Nietsche holds a degree in Accounting from the University of Vale dos Sinos – Unisinos and a degree in Business Administration from the University of La Salle Bajío. She previously worked at Camargo Correa Construções and is currently manager of Iberdrola Construção e Serviços Ltda.
Elected by the Controller
João Guilherme Lamenza Sitting Member 08/24/2017 2018 ASM
Graduated in Accounting from the Cândido Mendes University (UCAM). Currently, Mr. Lamenza is managing partner of Ampla Serviços Contábeis.
Elected by the Controller
Wagner dos Reis Deputy Member 08/24/2017 2018 ASM
Graduated in Administration from Faculdade Decisão, Mr. Reis also holds an MBA in financial affairs from the Federal University of the State of Rio Grande do Sul (UFRGS). He currently holds the position of Division Manager at Banco do Brasil S.A.
Elected by minority shareholders
Vera Lucia de Almeida Pereira Elias Deputy Member 08/24/2017 2018 ASM
Mrs. Elias holds a degree in Accounting from the Federal University of Rio de Janeiro (UFRJ), a degree in Law from the State University of Rio de Janeiro (UERJ) and an MBA in Finance and Corporate Governance from IBMEC. Prior to joining Neoenergia, she worked for Vale S.A. and PWC, acted as a member of the Advisory Board and the Financial Committee of Vale do Rio Doce Foundation for Social Security (VALIA), a member of the Vale do Rio Doce Foundation Housing and Social Development, of NorteEnergia and SPE Copacabana Design Hotel. She is also director of international standards and controlling of the National Association of Finance, Administration and Accounting Executives (ANEFAC), as well as coordinator of the Brazilian Institute of Corporate Governance (IBGC) in Rio de Janeiro.
Elected by the Controller
José Antonio Lamenza Deputy Member 08/24/2017 2018 ASM
Mr. Lamenza holds a degree in Science in Accounting from Universidade Cândido Mendes (UCAM) and is managing partner of Ampla Serviços Contábeis.
Elected by the Controller
Rodolfo Fernandes da Rocha Deputy Member 08/24/2017 2018 ASM
Accountant, graduated from the Plinio Leite University. Mr. Rocha works as Corporate Controller at Invepar S.A and is Chairman of the Fiscal Councils of GRU Airport S.A. and Concessionária Litoral Norte S.A. He was Executive Manager of Consolidation and Control at Elektro Holding, responsible for planning and controlling of the Iberdrola Group in Brazil. He acted as Director of the Instituto Iberdrola Brasil, a non-profit organization, and held the following positions in publicly-held companies: Chairman of the Fiscal Councils of Neoenergia, Coelba, Celpe and Cosern, alternate member of the Boards of Directors of Neoenergia and Elektro, member of the Financial Committee of Neoenergia, and member of the Board of Directors of Iberdrola de Inversiones Bolivia. He worked in the areas of planning and control at Engie Energia and Vale, and was an auditor at Deloitte.
Elected by the Controller
Eduardo Valdés Sanchez Deputy Member 08/24/2017 2018 ASM
Mr. Sánchez holds a degree in Engineering from the Polytechnic University of Madrid, an MBA from the IESE Business School of the University of Navarra and an MBA from the Tuck School of Business of the Dartmouth College. Founder, CEO and member of the Board of Directors of the Inovainfo Group. He was also an owner and member of the Board of Directors of Expansão Tower Cessão de Infraestrutura, general director and member of the Steering Committee of Telecom Italia Mobile Brasil, CEO and member of the Board of Directors of Iansã Energia e Participações and managing partner of AN2O Participações.
Elected by the Controller
Audit Committee
Name Position Date of Election and Investiture Term of Office
Juan Carlos Rebollo Liceaga Chairman 08/24/2017 08/23/2019
Graduated in Business Administration, specialized in finance, from the University of Deusto. He holds management positions in several companies of the Iberdrola group. Previously, he worked for Arthur Andersen & Co.
Santiago Martinez Garrido Sitting Member 08/24/2017 08/23/2019
Mr. Garrido holds a degree in Law from the Complutense University of Madrid, a degree in Business Law from the University Centre of San Pablo CEU, a graduate degree from the IESE Business School (Institute of Business Studies – IESE) at the University of Navarra and a PhD from the Autonomous University of Barcelona. He currently holds management positions in several companies of the Iberdrola group. Previously, he acted as State prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of Interior, and as director of the legal department of the Ministry of Justice. Mr. Garrido also worked as the Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of the Royal Academy of Jurisprudence and Legislation in Madrid since 2014. He also acted as member of the Board of Directors of Transmediterránea, Infoinvest and the State Society of International Exhibitions, member of the Bar Association of Madrid, as well as lawyer of the regional government of Castilla y León and the State Council.
Pedro Azagra Blazquez Sitting Member 08/24/2017 08/23/2019
Mr. Blázquez holds a graduate degree in Law and Business from ICADE of the Comillas Pontifical University and an MBA from the University of Chicago. He currently holds management positions in several companies of the Iberdrola group. He previously worked for Morgan Stanley in London and New York. He is also a professor of corporate finance, mergers and acquisitions at ICADE and a member of the advisory board of the Lopez-Ibor Foundation.
Marcus Moreira de Almeida Sitting Member 08/24/2017 08/23/2019
Mr. Almeida holds a degree in Business Administration from the Fluminense Federal University – UFF and an MBA in Finance from the Brazilian Institute of Capital Markets (IBMEC). He developed his career at Banco do Brasil S.A., worked as executive director at Brasilcap Capitalização S.A. and acted as member of the fiscal council of Kepler Weber S.A. He currently holds the position of Investment Officer of PREVI – Banco do Brasil Employees’ Pension Fund.
Aguinaldo Barbieri Sitting Member 08/24/2017 08/23/2019
Mr. Barbieri holds a degree in Law from the Toledo Teaching Institution, an MBA in Finance from the Administration Foundation Institute (FIA), an MBA in International Business, Economics and Accounting from the Economics, Administration and Accounting School (FEA) of USP and an MBA from Unisinos. He works for Banco do Brasil and is a member of ANBIMA’s regulatory board.
Javier Pastor Deputy Member 08/24/2017 08/23/2019
Graduated in Business and Economics from the University of Deusto. He acts as Accounting Practices Officer at Iberdrola, where he is responsible for the execution of accounting policies, as well as coordinating and providing support to Iberdrola’s external auditors.
Justo Garzón Ortega Deputy Member 08/24/2017 08/23/2019
Graduated in Law and Lawyer in Business Advisor from the Comillas Pontifical University in Spain, Mr. Ortega holds an MBA in Commercial Law from FGV and a corporate degree from the Adolfo Ibáñez University – UAI. He has built a solid financial career in the Legal Services area of Banco Santander. He was also a university professor in Business Law at the Excoex University in Spain, and Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – an international group that operates in several segments of the electric power industry: generation, transmission, distribution and sale. He currently holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
Isabel Patricia Sanchez Herrero Deputy Member 08/24/2017 08/23/2019
Mrs. Herrero holds a degree in Economics from the Autonomous University of Madrid, a post-graduate degree in Accounting and Financial Auditing from the Autonomous University of Almería. Previously, she worked at Arthur Andersen & Co. She currently holds management positions in several companies of the Iberdrola group, and is also a professor of corporate finance and financial management at ICADE of the Comillas Pontifical University.
João Ernesto de Lima Mesquita Deputy Member 08/24/2017 08/23/2019
Mr. Mesquita holds a degree in Systems Analysis from the Estácio de Sá University, an MBA in Finance and Controlling from FGV/RJ and a post-graduate degree in Complementary Social Security Management from UFRJ. He acts as Manager at PREVI, and is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He represents PREVI in advisory committees to the Board of Directors of Neoenergia and Invepar Participações.
Vacant Deputy Member Vacant Vacant
Financial Committee
Name Position Date of Election and Investiture Term of Office
Jesús Martinez Perez Chairman 08/24/2017 08/23/2019
Graduated in Economics from the University of País Vasco and in Finance from the University of Deusto. Mr. Pérez holds management positions in several companies of the Iberdrola group.
Jose A. Omaechevarria Sitting Member 09/28/2017 08/23/2019
Mr. Omaechevarría acts as Director of Investment Analysis at Iberdrola, where he coordinates the supervision, approval and economic analysis of Iberdrola’s main investment projects
Justo Garzón Ortega Sitting Member 08/24/2017 08/23/2019
Graduated in Law and Lawyer in Business Advisor from the Comillas Pontifical University in Spain, Mr. Ortega holds an MBA in Commercial Law from FGV and a corporate degree from the Adolfo Ibáñez University – UAI. He has built a solid financial career in the Legal Services area of Banco Santander. He was also a university professor in Business Law at the Excoex University in Spain, and Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – an international group that operates in several segments of the electric power industry: generation, transmission, distribution and sale. He currently holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
João Ernesto Lima Mesquita Sitting Member 08/24/2017 08/23/2019
Mr. Mesquita holds a degree in Systems Analysis from the Estácio de Sá University, an MBA in Finance and Controlling from FGV/RJ and a post-graduate degree in Complementary Social Security Management from UFRJ. He acts as Manager at PREVI, and is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He represents PREVI in advisory committees to the Board of Directors of Neoenergia and Invepar Participações.
Wagner dos Reis Sitting Member 08/24/2017 08/23/2019
Graduated in Administration from Faculdade Decisão, Mr. Reis also holds an MBA in financial affairs from the Federal University of the State of Rio Grande do Sul (UFRGS). He currently holds the position of Division Manager at Banco do Brasil S.A.
Javier Arrieta Deputy Member 08/24/2017 08/23/2019
Mr. Arrieta acts as Director of Structured Finance for the Iberdrola group, where he is responsible for supervising and proposing structured financing operations within the group.
Aitor Aretxaide Deputy Member 08/24/2017 08/23/2019
Mr. Aretxaide acts as Manager of Investment Analysis at Iberdrola, where he coordinates the supervision, approval and economic analysis of Iberdrola’s main investment projects.
Rafaela Goiria Deputy Member 08/24/2017 08/23/2019
Mrs. Goiria works as an internal advisor at Iberdrola, where she provides legal assistance in relation to the negotiation and execution of contracts and the preparation of reports for Iberdrola’s Finance Department.
Alexandre José Fava de Souza Junior Deputy Member 08/24/2017 08/23/2019
Mr. Souza Júnior holds a degree in Economics from UFF and an MBA in Financial Business from IAG-PUC (RJ). He is currently an Analyst at PREVI’s Participations Board and was a member of the Related Party Committee and CPFL Energia’s Corporate Finance and Budget Commission.
Guilherme Augusto L. Samczuk Deputy Member 08/24/2017 08/23/2019
Mr. Samczuk holds a degree in Science and Technology and Production Engineer from the Federal University of ABC (UFABC), and an MBA in Capital Markets. He currently holds the position of Advisor to Banco do Brasil’s Capital Market and Infrastructure Board.
Remuneration Committee
Name Position Date of Election and Investiture Term of Office
José Sainz Armada Chairman 08/24/2017 08/23/2019
Mr. Armada holds a graduate degree in Law and Business Administration from ICADE of the Comillas Pontifical University and an MBA from INSEAD. He currently holds management positions in several companies of the Iberdrola group. He began his professional career at JP Morgan and later held several positions at the Banking Corporation of Spain, where he was CFO from 1996 to 2000. He worked at Banco Bilbao Vizcaya Argentaria as General Manager of Asset Management from 2001 to 2002 and Managing Director of Corporate Value from 2000 to 2001. He is also a board member of Jarama Desarrollos Inmobiliarios, SL and CEO of Querada, SL.
Baldomero Navalon Burgos Sitting Member 08/24/2017 08/23/2019
Mr. Burgos holds a degree in Civil Engineering from the Polytechnic University of Madrid and an MBA from the IESE Business School of the University of Navarra. He currently holds management positions in several companies of the Iberdrola group.
Santiago Martinez Garrido  Sitting Member 08/24/2017 08/23/2019
Mr. Garrido holds a degree in Law from the Complutense University of Madrid, a degree in Business Law from the University Centre of San Pablo CEU, a graduate degree from the IESE Business School (Institute of Business Studies – IESE) at the University of Navarra and a PhD from the Autonomous University of Barcelona. He currently holds management positions in several companies of the Iberdrola group. Previously, he acted as State prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of Interior, and as director of the legal department of the Ministry of Justice. Mr. Garrido also worked as the Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of the Royal Academy of Jurisprudence and Legislation in Madrid since 2014. He also acted as member of the Board of Directors of Transmediterránea, Infoinvest and the State Society of International Exhibitions, member of the Bar Association of Madrid, as well as lawyer of the regional government of Castilla y León and the State Council.
Arthur Prado Silva Sitting Member 08/24/2017 08/23/2019
Mr. Silva holds a degree in Law from the Cândido Mendes University, an MBA in Corporate Finance from FGV-RJ and post-graduate degrees in Tax Law and Controlling and Finance from the Cândido Mendes University. He was a member of the Board of Directors of CPFL Geração, Newtel, Invitel, Invitel Legacy Sul 116 Participações, Valepar and BRF. He currently works at Previ and is a member of the Board of Directors of Litel S.A., Litela S.A., 521 Participações S.A., Vale S.A. (alternate member) and sitting member of Vale S.A.’s Compliance and Risk Committee.
Wagner dos Reis Sitting Member 08/24/2017 08/23/2019
Graduated in Administration from Faculdade Decisão, Mr. Reis also holds an MBA in financial affairs from the Federal University of the State of Rio Grande do Sul (UFRGS). He currently holds the position of Division Manager at Banco do Brasil S.A..
Fabricia Abreu Deputy Member 09/28/2017 08/23/2019
Mrs. Abreu acts as Director of Management and Talent Development at Iberdrola, managing human resources, internal communications, international mobility and workplace safety. She also worked at Elektro as Director of Human Resources, managing human resources, internal and external communications, social responsibility and workplace safety.
Armando Ugarriza Deputy Member 09/28/2017 08/23/2019
Mr. Ugarriza acts as Director of Remuneration and Retirement of Employees at Iberdrola, analyzing and identifying the best remuneration practices in order to attract, retain and motivate the most qualified employees of Iberdrola and the Iberdrola group.
Andres Campaña Deputy Member 09/28/2017 08/23/2019
Mr. Campaña acts as Director of Global Legal Services for Finances and Resources at Iberdrola, providing legal advice on financing and other resources and on administrative, judicial and arbitration matters.
João Ernesto de Lima Mesquita Deputy Member 08/24/2017 08/23/2019
Mr. Mesquita holds a degree in Systems Analysis from the Estácio de Sá University, an MBA in Finance and Controlling from FGV/RJ and a post-graduate degree in Complementary Social Security Management from UFRJ. He acts as Manager at PREVI, and is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He represents PREVI in advisory committees to the Board of Directors of Neoenergia and Invepar Participações.
Marcus Vinícius Codeceira Lopes Pedreira Deputy Member 08/24/2017 08/23/2019
Mr. Pedreira holds a degree in Law from PUC-RJ, an MBA in Corporate Finance from FGV and a post-graduate degree in Corporate Law and Capital Markets from FGV. He acted as alternate member of the Board of Directors of Seguradora Brasileira de Crédito à Exportação and alternate member of Kepler Weber’s Fiscal Council. He currently works as Executive Manager of Banco do Brasil’s Capital Markets and Infrastructure Board.
Related Party Committee
Name Position Date of Election and Investiture Term of Office
Juan Carlos Rebollo Liceaga Sitting Member 08/24/2017 08/23/2019
Graduated in Business Administration, specialized in finance, from the University of Deusto. He holds management positions in several companies of the Iberdrola group. Previously, he worked for Arthur Andersen & Co.
João Ernesto Lima Mesquita Sitting Member 08/24/2017 08/23/2019
Mr. Mesquita holds a degree in Systems Analysis from the Estácio de Sá University, an MBA in Finance and Controlling from FGV/RJ and a post-graduate degree in Complementary Social Security Management from UFRJ. He acts as Manager at PREVI, and is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He represents PREVI in advisory committees to the Board of Directors of Neoenergia and Invepar Participações.
Wagner dos Reis Sitting Member 08/24/2017 08/23/2019
Graduated in Administration from Faculdade Decisão, Mr. Reis also holds an MBA in financial affairs from the Federal University of the State of Rio Grande do Sul (UFRGS). He currently holds the position of Division Manager at Banco do Brasil S.A.
Francisco J. Hernando Isla Deputy Member 08/24/2017 08/23/2019
Graduated in Economics and Business Administration from the University of Deusto. He currently holds management positions in several companies of the Iberdrola group. He acted as a member of the Board of Directors of Medgaz S.A.
Alexandre José Fava de Souza Junior Deputy Member 08/24/2017 08/23/2019
Mr. Souza Júnior holds a degree in Economics from UFF and an MBA in Financial Business from IAG-PUC (RJ). He is currently an Analyst at PREVI’s Participations Board and was a member of the Related Party Committee and CPFL Energia’s Corporate Finance and Budget Commission.
Vacant Deputy Member Vacant Vacant
Executive Board
Name Position Date of Election and Investiture Term of Office
Mario Jose Ruiz-Tagle Larrain Chief Executive Officer 08/24/2017 08/23/2020
Master in Business Administration from the Pontifical Catholic University of Chile. In 2002, he held the position of Institutional Relations Officer at Iberdrola Energia do Brasil Ltda. In 2004, he was appointed Business Director at Iberdrola Brasil S.A. and in 2010, he held the position of Country Manager also at Iberdrola Brasil S.A. Currently, he acts as Chief Executive Officer of the Neoenergia Group. Mr. Larrain is also a member of the Board of Directors of the Grupo Neoenergia’s subsidiaries.
Solange Maria Pinto Ribeiro Deputy CEO 08/24/2017 08/23/2020
Deputy Chief Executive Officer of Neoenergia since August/2017. With over 30 years of experience in the industry, Mrs. Ribeiro joined the Company in 2004 as Regulation and Environment Officer. Between 2012 and August 2017, she held the position of Chair of the Holding Company. At Neoenergia, she acts as a member of the Board of Directors of the Group’s companies, among them Coelba, Celpe and Cosern. She is a member of the Economic and Social Development Council – CDES, Vice Chair of the Board of Directors of the National System Operator – ONS, and member of the Board of Directors of the Brazilian Base Industries Association – ABDIB. She has held senior leadership positions at large companies such as Chesf and Eletropaulo, and acted as a consultant for the National Economic Research Associates – NERA in Washington. She holds a degree in Electrical Engineering from the Federal University of Pernambuco and a master’s degree in the same area from PUC-Rio, and was a visiting researcher at the Imperial College of Science, Technology and Medicine in London.
Rogério Aschermann Martins Executive Officer for Resources 08/24/2017 08/23/2020
Graduated in Computer Science from Vale do Paraíba University with an MBA in Project Management from IBMEC/IBTA, Mr. Martins joined Elektro Redes in 2004, having acted as Director of Information Technology, Human Resources, and Corporate Services. He also held the position of Sustainability Officer, defining strategies for the global group, and other Executive positions in several areas at Elektro for more than 13 years. Currently, he works as Chief Financial Officer of the Neoenergia Group.
Sandro Kohler Marcondes Executive Officer for Financial 08/24/2017 08/23/2020
Mr. Marcondes holds a bachelor’s degree in Business Administration and a business degree from the Rotterdam School of Management. He also attended an MBA course in strategic planning at FGV and specialization courses in Banking at national and international institutions. Mr. Marcondes is a professional with vast experience in the financial sector, and has built a solid career at Banco do Brasil, holding positions in several levels in the organization, up to the Board of Executive Officers. Living abroad, in 2000, Mr. Marcondes took on the Deputy Management of New York and the General Management of Paris. Back in Brazil, in 2005, he held the positions of Corporate, International Business, Corporate Banking and Controlling Officer. Prior to becoming the Neoenergia Group’s Financial and Investor Relations Officer, Mr. Marcondes had acted, since 2013, as Capital Market and Project Finance Director at Banco do Brasil. He holds the position of Financial and Investor Relations Officer of the Neoenergia Group since July 2016.
Lara Cristina Ribeiro Piau Marques General Counsel 08/24/2017 08/23/2020
Graduated in Law, post-graduated in Civil Procedure Law and in State and Regulatory Law, with MBA in Telecommunications and, currently, Mrs. Marques is studying Regulatory Law at FGV. Legal Executive Officer. She worked as Legal Officer at TIM Brasil, TIM Participações, TIM Celular and TIM Nordeste. For more than 20 years, she has been responsible for the Legal Department of large corporations and acting as a member of fiscal councils and board of directors. Mrs. Marques has extensive experience in translating the complex legal environment into business strategy and consolidated experience in team management, litigation and strategic demands.
Laura Cristina da Fonseca Porto Executive Officer for Renewables 08/24/2017 08/23/2020
Graduated in Electrical Engineering from the Faculty/University of Bahia. Mrs. Porto held the position of Country Manager at Iberdrola Renováveis do Brasil, a company of the Iberdrola group. She has been working for the Neoenergia Group since August 2017, and is currently the Renewables Executive Officer of the Neoenergia Group. Mrs. Porto is also the Operations Officer of the subsidiaries in the wind generation segment and Director of Enerbrasil Renováveis do Brasil S.A.
Simone Aparecida Borsato Executive Officer for Development 08/24/2017 08/23/2020
Mrs. Borsato is currently Development Executive Officer at Neoenergia. Previously, she acted as Chief Financial and Investor Relations Officer and Alternate Member of the Board of Directors of Elektro Redes S.A. She has more than 30 years of experience in the Financial sector, leading the Treasury, Financial Operations, Investor Relations, Controlling and Financial Planning areas, acting in the Energy, Chemical/Petrochemical, Telecom and Timber sectors, in large, publicly traded, national and multi-national companies, such as Grupo Ultra, Eucatex and Bradesco. Graduated in Business Administration from PUC/SP, with an MBA from Getúlio Vargas Foundation and post-MBA from Saint Paul Business School, as well as Executive Programs from IMD-International Institute for Management Development, Dom Cabral Foundation, Ohio University, Columbia University and a Course for the Formation of Managing Directors from IBGC-Brazilian Institute of Corporate Governance. Member of the Board of Directors of IBEF (Brazilian Institute of Finance Executives) and winner of the Equilibrista Award (CFO of the year) by IBEF-SP in 2016.
André Moreira Executive Officer for Distribution 08/24/2017 08/23/2020
Currently as Distribution Executive Officer of Neoenergia. Previously, he was Coelba’s Chief Executive Officer, having previously held the position of Commercial and Market Planning Officer and Commercialization Officer, as well as Executive Operations Officer and Superintendent of Engineering and Planning at Elektro for more than 11 years. Experience in executive positions at Dell, AmBev and IBM. He has a degree in Electrical Engineering from Universidade Federal de Itajubá – MG (EFEI) with an MBA from FAAP / SP, an MBA from AmBev University, a postgraduate degree in Quality at Unicamp, a Master’s degree in IMD (Switzerland), MIT ). Counselor preparatory course at the IBGC. He was the founder of UTCAL (Utilities Technology Council Latin America), having served as President of the Council for the first two terms (four years).
Alejandro Román Arroyo Executive Officer for Generation 08/24/2017 08/23/2020
Graduated in Civil Engineering from the Polytechnic University of Madrid. Between 2000 and 2013, Mr. Arroyo worked at Iberdrola as Head of the Operation and Maintenance of Dams Department in Spain and Director of the Tâmega project in Portugal. In 2013, he joined Neoenergia Brasil, where he acts as Generation Executive Officer. He has been a Member of the Spanish National Committee of Large Dams for ten years.
Eduardo Capelastegui Saiz Controller 08/24/2017 08/23/2020
Mr. Saiz holds a degree in Economic and Business Sciences (specialized in Finance) from the University of Deusto. He joined the Iberdrola Group in 1998, acting as Senior Consultant: Management Consulting, Planning and Business Control Director for Networks in Brazil, Chile, Bolivia and Guatemala and Planning and Control Director in South America (Brazil, Chile and Bolivia). He currently holds the position of Controlling Officer of the Neoenergia Group.