About Previ

Established in 1904, even before the launch of the Official Pension Plan in our country, the pension fund for Banco do Brasil employees, known as Previ, is among the largest pension funds in Latin America. With a history stretching back over a century, Previ has always existed with one single purpose: to take care of our people's future.

Previ is a closed supplementary pension entity, and its participants are employees of Banco do Brasil and its own staff. The Institution works to ensure additional security benefits to its participants, in order to improve the quality of life of its beneficiaries and dependents.

Previ is mostly funded by contributions of Banco do Brasil’s employees and the Bank itself, as the employer. Such funds are invested in a diversified manner, following our Investment Policy, which is strictly reviewed on an annual basis to meet the needs of each benefit plan and always aiming to fulfill the purpose of Previ: to ensure the payment of benefits to all of us associates in an efficient, safe and sustainable manner.

Organizational framework

Previ's organizational structure is composed of management and control bodies with different roles, which constitute the Corporate Governance system. These bodies are the Executive Board, the Executive Council, the Fiscal Council and the Audit Committee.

The Executive Board consists of six members: Chief Executive Officer, Chief Investment Officer, Equity Director, Security Director, Planning Director and Management Director. The first three are appointed by Banco do Brasil, while the last three are elected by participants and beneficiaries. Check out their resumes:

Márcio Antonio Chiumento - Chief Executive Officer (CEO) of Previ with term of office ending on 02/06/2030

Márcio holds a Master’s degree in Management and Innovation, a Law degree, and an MBA in Financial Business from the Federal University of Rio Grande do Sul. He currently serves as a member of the Board of Directors of Neoenergia S.A. and as Vice Chairman of the Board of Directors of Tupy S.A.

He joined Banco do Brasil in 2000, where he served as Head of Public Sector Clients, Strategy, and Products. He also held the positions of Chief Ombudsman of Banco do Brasil, Executive Manager in the Customer Service and Channels Division, Administration Manager in a Retail Superintendency, Branch Manager, and Investment Advisor for Private Banking and High-Net-Worth clients.

He holds an advanced investment certification and is a certified board member through the Brazilian Institute of Corporate Governance (IBGC), as well as a certified Innovation Board Member through GoNew. He is also certified by the Institute for Social Security Certification (ICSS) and has completed executive education programs in Executive Development at Insper-SP, High-Performance Boards at UniAbrapp, Technological Innovation at MIT xPRO, and the Public Sector Innovation Workshop organized by Boston/IBGP.

He has served as Chairman of the Deliberative Board of BB Previdência, Vice Chairman of the Board of Directors of Ativos S.A., Board Member of Grupo Litel, member of Cielo’s Governance Committee, and Director of Equity Investments at Previ.

Adriana Duarte Chagastelles - Equity Director of Previ with term of office ending on 01/06/2028

Adriana holds a degree in Business Administration, an MBA in Finance and Corporate Law from Fundação Getulio Vargas (FGV-RJ), and a Master’s degree in Business Administration from IBMEC-RJ. She has built a solid career focused on investment management, corporate governance, and institutional relations.

At Previ, where she has worked since 1996, she has held positions as Investment Analyst, Advisor, Unit Manager, and Executive Manager. From 2018 to 2023, she served as Manager of the Executive Secretariat (Secex), responsible for managing the operations of the Deliberative Board, Fiscal Board, Advisory Boards, and Audit Committee—governance bodies composed of representatives elected by members and appointed by the sponsor. Since 2024, she has served as Executive Manager of Real Estate Portfolio Administration, a strategic area for the entity’s investments.

In addition to her career at Previ, Adriana also worked at Banco do Brasil from 1993 to 1996 at the Ipanema branch in Rio de Janeiro. She also worked at Sete Brasil Participações, where she served as Executive Manager of Governance and Investor Relations from 2012 to 2016, helping the company establish and structure the operations of its governance bodies and its communication channels with external stakeholders.

Alencar Rodrigues Ferreira Junior - Management Director with term of office ending on 02/06/2030

Graduated in Economics, with a Master's degree from PUC-SP. A retired member of Plan 1, he joined Banco do Brasil on February 17, 1983. He has more than 40 years of experience in the administrative, financial, actuarial, and pension sectors, having served as Director of Institutional Relations at Brasilveículos Companhia de Seguros; Director of Actuarial Services, Risk Management and Internal Controls at Mapfre Seguros Gerais; and Director of Administration and Finance at Brasilcap Capitalização.

Cláudio Antônio Gonçalves  - Chief Investment Officer with term of office ending on 01/06/2028

Cláudio holds a law degree from UniEvangélica, an MBA in Financial Business from UFRJ and a postgraduate degree in Public Law from FESURV/Axioma Jurídico. He was an executive at Banco do Brasil with experience in asset management and investments, with solid expertise in the area of investments for the private banking and retail banking markets (onshore and offshore), where he worked in the negotiation and strategic management of several business segments – Individuals, Rural Producers and Private Clients in Brazil and the United States of America.

Lissane Pereira Holanda - Chief Planning Officer with term of office ending on 02/06/2030

Graduated in Law, with a postgraduate degree and an MBA in the legal field, as well as a Master's degree in Strategic Organizational Management. A member of Previ Futuro, she joined Banco do Brasil on May 5, 2003. She has more than 23 years of experience in the financial sector, with a strong focus on management and legal advisory services, having worked as an auditor at Banco do Brasil and served as Vice President of Labor Relations and Vice President of Communications at ANABB (National Association of Banco do Brasil Employees). She is certified by ICSS, with a specialization in administration.

Wagner de Souza Nascimento - Security Director with term of office ending on 01/06/2028

Wagner holds a graduate degree in Business Administration from Universidade Federal de Viçosa and a postgraduate degree in Social Security Management, Auditing and Controllership. He has a wide experience in accounting, administration and public management and is certified by the ICSS as a Pension Fund Administrator. A BB employee since 2002, Wagner was elected to hold office as Advising Counselor at Previ Futuro and was responsible for heading the collegiate body. He has also been an Executive Counselor at Previ for the past four years and coordinated the BB Employees Committee between June 2014 and July 2019. Director of the Bank Workers Union for the Belo Horizonte & surroundings area, he left office at that entity to take over at Previ.

Where are we?

Previ's headquarters are located in the city of Rio de Janeiro, Brazil. Our address is Praia de Botafogo, 501, 3rd and 4th floors, Botafogo, Rio de Janeiro (RJ). Zip Code 22250-040

Documents in English

Do you want to know more about Previ? Check out these documents about us:

		Annual Report 2019 In 2019, our 115th year since inception, we redefined our Corporate Vision to make it more aspirational, comprehensive, and aligned with the challenges and opportunities facing the Organization over the coming years. Our newly articulated Corporate Vision is to: “Set the standard for efficiency, sustainability and governance in managing private pension solutions”. This Annual Report summarizes the progress we have made across all departments at Previ towards our new Vision, which was formalized in 2020.
		RI Transparency Report 2019 The PRI Reporting Framework is a key step in the journey towards building a common language and industry standard for reporting responsible investment (RI) activities.This RI Transparency Report is one of the key outputs of this Framework. Its primary objective is to enable signatory transparency on RI activities and facilitate dialogue between investors and their clients, beneficiaries and other stakeholders.
		Annual Report 2018 Our Annual Report 2018 — which provides participants with an overview of Previ’s key achievements and performance in the year — puts the Core Values “Member focus” and “Transparency” at Previ into practice. This report provides a summary of Previ’s market position and results of operations in 2018; the funded position and financial health of our benefit plans; the strategy that informed our investment decisions for and profitability across each asset category; and improvements to our approach to people management and participant relations.
		Annual Report 2017 This summary version of the Previ Annual Report 2017 reviews our most significant facts and figures and reports on the performance of our benefit plans in the year. Addressed primarily to our most important stakeholders—the more than 200,000 participants in our benefit plans— the Report reviews Previ’s performance in the private pension market, addresses the strategies we implemented in the year, explains our most significant investment decisions, and provides an overview of Plano 1, Previ Futuro and the Death & Disability Benefits Plan (CAPEC) in 2017.
		Annual Report 2016 This is a summary version of our Annual Report 2016, in which we provide a brief and transparent overview of key information about the performance of our benefit plans and investments in the year. The report describes our key achievements and strategic decisions in 2016, and our relations with members and other stakeholders. We hope you find this report informative.
		Annual Report 2015 Transparency is a core value at Previ. As a case in point, we were the first pension fund in Brazil to publish a Social Report in addition to our Annual Report, in 1998. Since 2011, we have compiled financial and sustainability information into a single document that reports on our performance and the performance of the companies and real estate developments in which we invest.
		PREVI Code of Corporate Governance Developed by Corporate Governance Division of PRE
		PREVI Guide Model for Participation in Shareholder's Meetings Developed by Corporate Governance Division of PREVI