The “mineiro” (a native from the state of Minas Gerais) Antonio Gustavo Matos do Vale became Infraero’s Chairman in 03/16/2011, after his nomination was approved by the Administration Board.

Who is Gustavo do Vale?

Gustavo do Vale, “mineiro” from Caratinga, was born in April 28, 1951. Gustavo do Vale graduated in Accounting, Business Administration and Economics at the Minas Gerais Catholic University, specialized in Information System Analysis at the João Pinheiro Foundation’s “Paulo Camillo de Oliveira Penna” Administration Development Center. The new Chairman, born in Caratinga (MG), was the director for Liquidation and Surveillance of Farm Credit Operation of Brazil’s Central Bank from May /2003 to February/2011. He was Banco do Brasil S.A Vice-president for Technology and Infrastructure and Director for Technology and Infrastructure during the period of April /2001 to January/2003. He had several posts at the Central Bank in addition to work in several finance institutions.

Positions taken

Director of Liquidation and Surveillance of Farm Credit Operations at the Central Bank of Brazil from May /2003 to February/2011. Vice-president for Technology and Infrastructure at the Banco do Brasil SA from August/2001 to January/ 2003. Director of Technology and Infrastructure at the Banco do Brasil SA from April to August/2001. Consultant for the Public Finance and Special Regimens Directorate, currently  Liquidation and Surveillance of Farm Credit Operations Directorate - Dilid, Central Bank, from April/2000 to April /2001. He was appointed Adjoint Chief of the Enforcement Department of Central Bank, from April/1999 to April/2000. Division Chief of Central Bank’s Enforcement Department from August/1997 to April/1999. Advisor for the Central Bank’s Enforcement Department from February/1995 to August/1997. Auditor, Interim Enforcement Inspector and Coordinator at the Central Bank’s Regional Enforcement Management, in Curitiba, form August/ 1984 to February/1995.

He also had outstanding positions in the Mercantile Bank of Brazil S. A.; at IBM of Brasil Ltda; Siderurgica Montana S. A.; BMG Seguros S. A.; Banco de Minas Gerais S. A., all in Belo Horizonte.

Other Activities

Member of TELEMAR Norte Leste S. A. Administration Board, in Rio de Janeiro, from 2001 to 2002. Member of BRASILPREV Private Insurance SA Administration Board, in Sao Paulo, from 2001 to 2002. Member of the Control and Surveillance Team for Institutions und Special Regimen (interventions and liquidations) at the Central Bank of Brazil, in Brasília from 2000 to 2001. Member of the Implementation Team of Rehabilitation Program of the State Finance System and of the States’ Debt Financing of the Federal District and Municipalities in the Central Bank of Brazil in Brasilia from 1997 to 2001. Computerized Systems Adaptation Program Coordinator for Institutions Comprising the National Finance System for the 2000 Adequacy (“the Millennium Bug”) at the Central Bank of Brazil, in Brasilia, from 1999 to 2000. Member of Central Bank’s Private Insurance Foundation (CENTRUS) Administration Board, in Brasília, from 1996 to 2000. The Extreme South Regional Development Bank (BRDE) Liquidation Assistant, in Curitiba, from 1989 to 1990.