Inter & Co Announces New Global Chief Legal Officer

Inter & Co, Inc. (NASDAQ:INTR and B3:INBR32), a commercial banking entity, has announced a reorganization of its senior management. The company revealed Monday that the Board of Directors has approved changes to the Board of Officers, which includes the appointment of Marco Antônio Martins Araújo Filho as the Global Chief Legal Officer.

Marco Araújo, a seasoned professional with a law degree from Universidade de Brasília and an LLM from Fordham University School of Law, brings a wealth of experience to the role. His career includes notable tenures at Nubank, HSBC, Banco Santander (BME:SAN), and Banco Itaú BBA. In his new position at Inter & Co, Araújo is tasked with overseeing global compliance, legal, and public policy teams, as well as contributing to the company’s expansion efforts.

Ana Luiza Vieira Franco Forattini will continue in her role as General Counsel and Chief Legal, Compliance, and Ombudsman Officer of Banco Inter, the primary subsidiary of Inter & Co. She will report directly to Marco Araújo, focusing on legal and compliance integrity on a global scale.

Additionally, Priscila Salles Vianna de Paula will maintain her position as the Executive Officer of Customer Centricity and Retail of Banco Inter, reporting to Alexandre Riccio de Oliveira, CEO of Banco Inter and Senior Vice President of Inter & Co.

The restructuring is aimed at enhancing governance and operational efficiency across the company’s United States and Brazil markets. The updated senior management team at Inter & Co includes João Vitor N. Menin T. de Souza as CEO, Alexandre Riccio de Oliveira as Senior Vice President, Santiago Horacio Stel as Senior Vice President of Finance and Risks (CFO), Guilherme Ximenes de Almeida as Chief Information Officer, Ray Tarick Pereira Chalub as Chief Operations Officer, and Rafaela de Oliveira Vitória as Investor Relations Officer.

This strategic move is expected to streamline Inter & Co’s governance processes, positioning the firm for further growth and development. The company has made this information available on its website and through its Investor Relations Department. The announcement is based on a press release statement from the company.

In other recent news, Inter & Co has announced a dividend payment for holders of its level 2 Brazilian Depositary Receipts (BDRs). The company confirmed a dividend of USD 0.08 per Class A share, which will be distributed to BDR holders after currency conversion and tax deductions. The effective exchange rate for converting US dollars to Brazilian Reais is R$ 5.7985 per USD 1.00, with an IOF tax of 0.38% applied to the conversion. Consequently, the dividend amount per BDR will be R$ 0.462117256. BDR holders are set to receive their dividends on March 7, 2025. This announcement underscores Inter & Co’s ongoing commitment to its shareholders. Investors seeking further information are advised to contact Inter & Co’s Investor Relations Department or visit their website.

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