In a notice to the market published on April 29, 2019, Amec – the Association of Capital Market Investors – made the succession plan of its leadership public. The decision is the result of debates between the association’s advisory board and board of directors in the past two years and is supported by the current CEO, Mauro Rodrigues da Cunha.
Mr. Cunha has been serving as Amec’s CEO for seven years. Board members agree that it is important to periodically change the leadership to ensure Amec’s continued and effective presence in the capital markets.
A Succession Commission was formed to lead the process, composed of members coming from the four categories of Amec associates (financial institutions, independent members, pension funds and foreign members). Following the recommendation made by the Commission, the Management Board approved the engagement of Russell Reynolds Associates to help Amec in this process.