Mr. Cunha is an independent director, with more than 30 years of experience in capital markets and corporate governance. He is the founder of Engage.MC, an advisory firm focused on governance and strategy.

Mr. Cunha was the CEO of the Associação de Investidores no Mercado de Capitais - AMEC (“the Capital Markets Investors’ Association”) between 2012 and 2019. In that capacity, he led an organization of 60 institutional investors with approximately USD 150 billion under management in Brazilian equities, aiming to improve capital markets and shareholder rights. Before that, he worked for 18 years in several asset management companies, including Opus, Mauá, Bradesco Templeton, Investidor Profissional, Banco Pactual, Morgan Stanley Asset Management, and  Deutsche Morgan Grenfell, among others.

He has also served as a director (2003-2009) and Chairman of the Board (2007-2009) of IBGC, one of the largest corporate governance institutes in the world.

Mr. Cunha has been serving as a member of boards of directors or supervisory boards in Brazilian companies since 1999. In 2013 he became the first independent director nominated by minority investors in Petrobras. Between 2019 and 2020 he served as Chairman of the Board of Caixa Economica Federal. Previous engagements include Embraer, Vale, brMalls, Totvs, Eletrobras, Usiminas, CESP, and Mahle Metal Leve, among others.

He is currently a board member of Tupy (Chairman of the Audit Committee, member of the Remuneration Committee), Hypera Pharma (member of the Remuneration Committee) and Klabin.

Mr. Cunha holds a Bachelor’s degree in Economics from PUC-Rio and an MBA from the University of Chicago Booth School of Business. He is certified by the NACD (NACD.DC), CFA Institute (CFA since 1997), and IBGC (CCA+/CC+)