Banco Itaú Holding Financeira S.A.: Executive Vice President and Investor Relations Officer with overall responsibility for communications with the capital markets, always seeking to increase the transparency of financial and strategic information which is of good quality, material, timely, credible and readily comparable, President of the Disclosure of Material Information and Insider Trading committees since March 2003. He is responsible for the relationship with the Brazilian Securities and Exchange Commission (CVM), the Central Bank of Brazil and other government authorities with respect to capital markets matters;

Banco Itaú S.A.: Senior Vice President since April 2005 for the Capital Markets Area where he is responsible for the formulation, implementation and compliance with the Bank’s strategic guidelines. Investor Relations Officer between 1995 and 2003; Managing Director between 1988 and 1993; Executive Officer between 1993 and 1996; Executive Vice President between 1996 and 2005;

Banco Itaú-BBA S.A.: member of the Board of Directors since February 2003; National Association of Investment Banks ANBID Vice President from 1994 to August 2003 and President since August 2003. Member of the Board of Directors of the Securities Dealers’ Association ADEVAL (since 1993), the Brazilian Clearing and Depository Corporation CBLC (since 1998), the São Paulo Stock Exchange BOVESPA (since 1996) and the Brazilian Association of Listed Companies ABRASCA (since 1999). President of the Council of the Brazilian Institute of Investor Relations IBRI (since 2000). Finance Director of the Museum of Modern Art of São Paulo MAM (since 1992).

Academic Background: Graduate and Postgraduate in Business Administration from the Fundação Getúlio Vargas (FGV) with a specialization course at INSEAD (France).