By Brazil Stock Guide – Shareholders of Banco Bradesco (B3: BBDC3, BBDC4) approved the election of three new members to the bank’s board of directors on March 10, 2026, reinforcing governance at one of Brazil’s largest financial institutions.
The appointments of Ivan Gontijo, Regina Nunes and Paulo Caffarelli were unanimously approved during the company’s annual shareholders’ meeting. The vote included participation from investors representing more than 80% of voting shares.
Gontijo served as president of Bradesco Seguros, the insurance arm of the bank. Nunes is a former executive at S&P Global, while Caffarelli has held senior leadership roles including chief executive of Cielo and president of Banco do Brasil.
Bradesco’s chairman Luiz Carlos Trabuco Cappi said the arrival of the new directors strengthens the bank’s supervisory and strategic oversight structure.
According to Trabuco, the goal is to combine consolidation with transformation to ensure a modern, efficient and profitable management model.
Following the election, Bradesco’s board now comprises 11 members: Trabuco as chairman, Alexandre Gluher as vice-chairman, and directors Denise Aguiar, Maurício Minas, Rubens Aguiar, Rogério Câmara, Ivan Gontijo, Paulo Roberto Cunha, Denise Pavarina, Regina Nunes and Paulo Caffarelli.
The governance refresh comes as Brazil’s major banks face increasing competition from digital lenders and fintechs, pushing traditional institutions to strengthen board expertise in strategy, technology and financial markets.








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