As of the 1st of July, Fernando Xavier Ferreira will preside the Board of Directors of Brasilcel (Holding which control the operators of the VIVO Group) and Roberto Oliveira de Lima will be the new Chairman of the VIVO Board of Directors, hence succeeding Félix Ivorra and Francisco Padinha respectively.
Fernando Xavier Ferreira, the current Chairman of Telefónica, and Roberto Oliveira de Lima, ex-Chairman of Credicard will therefore occupy the dome of the mobile operator.
This decision was taken on the basis of the compliance of the respective periods of mandates of executive functions which had been previously agreed upon by PT, Telefónica and management, and is aimed to simultaneously reinforce the involvement of high level Brazilian executives and proven professional experience in the management of VIVO.
For the shareholders of the Portugal Telecom Group and Telefónica, “the nomination of Brazilian executives for high management posts in the management of VIVO is an important step in the consolidation of the company, making the largest provider of mobile services of the Southern Hemisphere more and more Brazilian. The decision is strategic and is aimed to give continuity to the growth process of the company which competes in one of the most competitive cellular mobile telephone markets in the world”.
Regarding Felix Ivorra and Francisco Padinha, they have assumed new projects in their respective groups, namely Telefónica and Portugal Telecom.
Profile:
Fernando Xavier Ferreira, 56 years old, is Chairman of the Telefónica Group in Brazil and member of the Board of Directors of Telefônica Moviles, Brasilcel, N.V., of the TCO, TCP, TSD, CRT and TLE holding. In 1998, he was a member of Anatel. Before that, he held the position of General Manager at Telebrás, Chairman of the Board of Embratel and Telesp S/A and Chairman of Paraná Telecommunications. He is an electronic engineer graduate.
Roberto Oliveira de Lima, 54 years old, has 30 years of experience in corporative positions. Of these, 22 years in top management positions in global companies such as Saint Gobain, Rhone Poulenc (Rhodia), Accor Group and Citigroup, having occupied until now the Chairmanship of Credicard. Roberto Lima is a graduate from the Getúlio Vargas Foundation (FGV), has a post-graduation also from the FGV and in specialised in Finances and Strategic Planning by the Institute Superieur dês Affaires, Jouy en Josas, France.