Chairman of the Board, CEO, Member of the Executive Board,Mr. Paulo Guilherme Monteiro Lobato Ribeiro serves as the Chairman of the Board of Directors, Chief Executive Officer and a Member of the Executive Board of Consorcio Alfa de Administracao SA. He held several positions in Companhia Telefonica Brasileira, Cia de Papeis F. Jonhonson and Cia Brasileira de Materiais Cobraco. He serves as Chief Executive Officer of Banco Real SA, Banco Alfa de Investimento SA, Financeira Alfa SACFI, Alfa Arrendamento Mercantil SA and Chief Executive Officer of Alfa Holdings SA. He has also served as Chairman of the Board of Directors of Banco Alfa de Investimentos SA, Financeira Alfa SA and Alfa Holdings SA. He holds a degree in Engineering from Pontificia Universidade Catolica do Rio de Janeiro and concluded various specialization courses in Financial Administration from Fundacao Getulio Vargas and in Advanced Administration from Wharton School of the University of Pennsylvania.