Message from the Deliberative Body


 

Although 2009 started with uncertainty due to the global financial crisis that began the previous year, it ended with a great result. This once again reaffirms PREVI’s solidity and its ability to overcome challenges.

 

The positive result expressed in this report is the result of hard work, strategic decisions, and a management that seeks to preserve the security of benefit plans, increase profitability of investments and protect the interests of PREVI participants.

 

In this sense, actions that stand out include increasing the limit and deadline for Simple Loan operations and extending mortgages for PREVI Futuro participants and for Plan 1 participants who have already paid off the previous loan.

 

Progress in the area of corporate governance and management was also quite clear, with effective action in companies from which PREVI has stock, and with increasing attention to environmental issues, according to social demand. This constant search for better governance practices has accredited PREVI as a benchmark in the business environment and has become a hallmark of its administration.

 

Both in terms of security and resource management, the pillars we have built allow us to look ahead with optimism and confidence.

 

In July 2009, five board members were appointed by Banco do Brasil and, with equal commitment, have resumed the work that was being developed. The sponsor’s commitment is renewed year after year to ensure present-day security and future tranquility for PREVI participants.