São Paulo, September 8 - I come here to inform you that the Board of Directors confirmed Alexandre Baltar as the new leader Responsible for Integrity and Risk Management at OEC. With 25 years working in the areas of sustainability and integrity, in addition to the experience accumulated in six years at the World Bank, Baltar had been directly involved in the formulation and implementation of the company's global integrity monitoring program.

Recently, in order to dedicate herself to personal issues, Margarida Smith asked to step down from her duties. We extend our respect and deep gratitude to her for the competence, professionalism and dedication with which she embraced the cause of the company, which today, due to her contribution, the entire integrity and risk management team and the adhesion of Leaders and Members, it now has the Integrity Policy and Program implemented, in full operation, both of which are referenced in the best global practices.

For his professional background and for having worked directly with Margarida in strengthening the governance of OEC, Baltar stood out as a natural substitute, standing up to the challenge of continuing the work done so far. In early August, the two professionals coordinated a structured transition process, with meetings with clients, multilateral agencies, control bodies, banks, partners and other stakeholders so that they could be directly informed about the change.

In line with the current Governance model, Alexandre Baltar will report directly to the Board of Directors, through his Integrity and Audit Committee, coordinated by the independent director Ana Novaes. To him my best wishes for success and I leave here a small profile so that you can learn more about his professional and academic career.

Ruy Sampaio
Chairman of the Board of Directors – OEC 

PROFILE – Alexandre Baltar (48 years old)
After a career at the World Bank, working for six years in financing infrastructure projects and water resources planning, sanitation and natural resource management, Alexandre Baltar joined OEC in 2010 where he contributed to the strengthening and consolidation of the company’s socio-environmental management system. With extensive experience in the areas of sustainability and risk management, between 2015 and 2016 he served as Director of Sustainability at Odebrecht Latinvest, in Peru, returning to OEC at the end of the same year to act in structuring the Integrity and Compliance Program. Graduated in Civil Engineering from the Federal University of Pernambuco, Baltar has a master's degree in Environmental Technology and Water Resources from the University of Brasília and a PhD in Civil Engineering from Colorado State University, in the United States.