TOTVS

Investor Relations

Audit Committee

 

Audit Committee

Name Position
Gilberto Mifano Committee Member
Member of the TOTVS Audit Committee , he is also a partner at Pragma Gestão de Patrimônio and independent board member of Cielo SA, Ambar S/A, member of the Sustainability Commitee of Santander and consultant to the Audit, Risk and Finance Committee of Natura S.A. From 1994 to 2009, he acted as CEO of Bovespa - Stock exange of Sao Paulo and CBLC - Brazilian Clearing and Depository Corporation. Subsequently, from 2008 to 2009, he was Chairman of the Board of BM&F S.A., being responsible for the creation of CBLC and “Novo Mercado”, performing the IPO of Bovespa in 2007 and the merger between Bovespa and BM&F in 2008. From 2005 to 2012 he was chairman, vice-president and president of the IBGC - Brazilian Institute of Corporate Governance.  Previously, he was executive officer at banks and financial companies in Brazil. He holds a degree in Business Administration from the School of Business Administration of Sao Paulo‘s “Fundação Getulio Vargas.”
Mauro Gentile Rodrigues da Cunha Committee Member
Mr. Mauro Gentile Rodrigues da Cunha is President of AMEC – Associação dos Investidores no Mercado de Capitais since April, 2012. Before that, he was manager of Opus Investimentos Ltda. in Rio de Janeiro between October 2010 to March 2012. In São Paulo, he was president of Instituto Brasileiro de Governança Corporativa – IBGC between May, 2008 and April, 2010 and counselor between May, 2003 and April, 2008, representing IBGC in Brazil and abroad. He was senior partner and Chief Investments Officer of Equities in Mauá Investimentos Ltda. between July, 2007 to September 2010 and Chief Investments Officer of Equities in Franklin Templeton Investimentos (Brasil) Ltda. between March, 2006 and July, 2007. He was also Chief Investments Officer in Bradesco Templeton Asset Management between August, 2001 and March, 2006. Mr. Mauro Gentile da Cunha worked also for Investidor Profissional, Morgan Stanley Asset Management, Deutsche Morgan Grenfell, Bank of America and Banco Pactual. Currently, he is member of the Board of Directors of Usiminas, Par Corretora and CESP. Additionally, he has already been member of the Board of Directors of Petrobras, BR Distribuidora and Trisul. He is a Chartered Financial Analyst – CFA since 1997. He has a MBA by the Business School of the University of Chicago (1998) and Bachelor in Economics by the Pontifícia Universidade Católica do Rio de Janeiro – PUC-Rio (1992). Finally, Mr. Mauro is also a professor in Corporate Governance and consultor.

 

The Audit Committee’s functions include indicating, ad referendum of the Board of Directors, the independent auditor and evaluate its services and those of the internal audit area, reviewing financial statements, monitoring the procedures for compliance with legal provisions, evaluating risk management policies, checking the compliance with its recommendations and recommending corrections or improvements to internal policies and procedures.

Composed of four members – three independent members of the Board of Directors and one external member - the Audit Committee members are elected by the Board of Directors for a 2-year term.

 

Audit Committee Report - 2016

Audit Committee Report - 2015

Audit Committee Report - 2014

Audit Committee Report - 2013

Audit Committee Report - 2012

Last updated on