PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil (Brazil)
Bachelor in Business Administration with specialization in International Business from FARGS (Faculdades Rio-Grandenses), Post Graduate in Management and Business Sustainable Development by UNB (Universidade de Brasília/ INEPAD – Instituto de Ensino e Pesquisa em Administração) and a Master in Organizational Strategies and Competitiveness Management by UNISINOS (Universidade do Vale Rio dos Sinos), with a thesis on Strategy in Pension Funds in Brazil. In 2006, took over the loans and mortgages area in PREVI (Caixa de Previdência dos Funcionários do Banco do Brasil). Since 2009, he is the Real Estate Investments Executive Manager”.
About PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil
PREVI, created by Banco do Brasil employees in 1904, works to ensure its participants get pension benefits complementary to Official Social Security. Today, PREVI has over 186,000 participants and beneficiaries.
PREVI was ranked 24th in the survey carried out by Pensions & Investments, a U.S. publication specializing in pension funds. Data from latest ranking make reference to the 2010 base year.
PREVI is the largest pension fund of Latin America. The institution manages over R$ 150 billion in total assets. These resources are invested in different types of assets, such as corporate shares, government securities, real estate, investment funds, over and beyond loans and financing to participants. In 2010, more than R$ 8 billion were paid out to retirees and pensioners as monthly benefits.
In line with its commitment to ensure not only income for a more comfortable retirement, but also to collaborate in the development of a sustainable world, PREVI is attentive to the international guidelines on governance and sustainability. The entity is focused to make investments that stand out for their adoption of the best corporate governance practices and for social-environmental responsibility and ethics.
Previ has R$ 6 billion allocated in real estate assets in Brazil, about 50 properties (buildings, shopping and logistic), representing about 4% of yours resources.