At a special meeting held on Monday afternoon (10/18), the Board of Directors of IRB Brasil RE elected Willy Otto Jordan Neto as the new executive vice-president for Finance and Investor Relations of the company. In a material fact sent to shareholders and the market yesterday (10/19), IRB informs that Jordan will take over as soon as the prior authorization process with SUSEP is completed. He replaces Werner Süffert, who will remain in office until the new CFO takes over.
With over 20 years of experience in managing financial and non-financial companies, Willy Jordan has a degree in Economics from PUC-Rio and a Master’s degree in the same area from EPGE/FGV. Before joining IRB, in an election preceded by a selection process, carried out with the assistance of a specialized consulting firm, Jordan was Vice President of Finance at Banco Luso Brasileiro, Executive Director of Finance, Corporate and Investor Relations at Cetip and Director of Planning, Strategy and Investor Relations of Banco Pan. He also worked at Suzano, SAB Trading, and Banco Itaú.
The new CEO of IRB Brasil RE, Raphael de Carvalho, said that Jordan’s arrival marks a new moment in the reinsurer’s recent trajectory, within the company’s ongoing restructuring and transformation process: “I am convinced that Willy Jordan joins the team to continue, with even more dynamism, the work of recovery of IRB, towards results that guarantee even more sustainability to the company”, he says.
Willy Jordan says that he is “enthusiastically receiving the challenge of helping the company at this time”: “I am clear that the IRB team and I will have the opportunity to contribute even more effectively in consolidating consistent results for the company”, he commented.
Still in the material fact, IRB reiterates its thanks to Werner Süffert for his broad collaboration towards sustainability and improving credibility and transparency in an intense and complex period for the company.