Boardroom Governance with Evan Epstein

Valeria Café: Leading Governance Innovation in Brazil as IBGC CEO

Episode Summary

Valeria Café is the CEO of the Brazilian Institute of Corporate Governance (IBGC), Brazil's foremost organization dedicated to promoting corporate governance excellence. Fresh off my keynote at IBGC’s 25th Annual Summit in São Paulo, Valeria and I explore her inspiring journey, the mission and impact of IBGC, and the key takeaways from the summit. We also unpack the latest governance trends shaping Brazil, including ESG, geopolitics, board dynamics, innovation, anti-corruption, and integrity challenges in the boardroom. Don't miss this insightful conversation on governance from one of Brazil’s most influential leaders. If you like this show, please consider subscribing, leaving a review, or sharing this podcast on social media. You can also contribute as a Patron on the link patreon.com/BoardroomGovernancePod or you can subscribe to the Boardroom Governance Newsletter at evanepstein.substack.com This podcast is sponsored by the American College of Governance Counsel.

Episode Notes

(0:00) Intro.

(1:20) About the podcast sponsor: The American College of Governance Counsel.

(2:06) Start of interview. 

(3:20) Valeria's origin story.

(6:14) On joining IBGC, its mission and focus: governance training, research, and regulatory work with CVM, B3, Congress, etc.

(9:03) On the 25th IBGC Annual Summit.

(11:11) On the state of ESG in Brazil.

(15:15) On boardroom diversity in Brazil (20% female representation in public companies).

(17:40) Geopolitics, and where Brazil stands between the U.S. and China.

(20:56) Innovation and AI in Brazil.

(24:44) On compliance and anti-corruption measures by boards in Brazil (post Lava Jato).

(29:17) On the future of corporate governance in Brazil and her vision for IBGC.

(32:52) The importance of board education and constant learning. On the issue of overboarding (new rule from Novo Mercado).

(35:53) Books that have greatly influenced her life:

  1. Feliz ano velho. By Marcelo Rubens Paiva (1982)
  2. Theory U. By Otto Scharmer (2007) 
  3. The Moment of Lift. By Melinda Gates (2019)

(36:54) Her mentors

  1. Her Dad.
  2. Pedro Melo
  3. Vicky Bloch.

(37:32) Quotes that she thinks of often or lives her life by.

(38:00) An unusual habit or absurd thing that he loves.

(38:32) The person she most admires.

Valeria Cafe is CEO of IBGC, the Brazilian Institute of Corporate Governance.