Banco Santander Brasil (NYSE: BSBR) details planned CFO and IR succession
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. reports a planned leadership transition in its finance and investor relations areas. Executive Vice President and Investor Relations Officer Gustavo Alejo Viviani will step down from his roles at the end of April 2026, in a jointly coordinated succession process and subject to regulatory approvals for his successor. The bank will adjust its organizational structure to align with the Santander Group model, in which the Chief Financial Officer (CFO) also oversees Accounting, with that function reporting directly to the CFO.
Carlos Muñiz González-Blanch has been nominated to succeed Gustavo as CFO and Investor Relations Officer. He is described as a senior executive with more than 25 years of financial-sector experience and 20 years within the Santander Group, currently serving as Global CFO of Santander Corporate & Investment Banking. The company emphasizes that the succession follows internal governance, involves Gustavo directly, and is designed to ensure an orderly transition while preserving continuity and stability.
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SECURITIES AND EXCHANGE COMMISSION
Commission File Number: 001-34476
Bloco A – Vila Olimpia
São Paulo, SP 04543-011
Federative Republic of Brazil
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
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Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
[Free English Translation]
BANCO SANTANDER (BRASIL) S.A.
Public Company of Authorized Capital
Corporate Taxpayer ID (CNPJ/MF) nº 90.400.888/0001-42
Company Registration (NIRE) 35.300.332.067
MATERIAL FACT
BANCO SANTANDER (BRASIL) S.A. (“Santander Brasil” or “Company”) hereby informs its shareholders and the market in general that, in the context of a jointly and coordinately conducted succession process, Mr. Gustavo Alejo Viviani will step down from his positions as Executive Vice President and Investor Relations Officer of the Company at the end of April 2026, subject to the receipt of the applicable regulatory approvals by his successor. As a result of this decision, the Company will implement adjustments to its organizational structure, aligning it with the model adopted by the Santander Group in other geographies, under which the position of Chief Financial Officer (CFO) also encompasses responsibility for the Accounting function, with the respective officer reporting directly to the CFO.
As successor to Mr. Gustavo in the positions of Chief Financial Officer and Investor Relations Officer of Santander Brasil, Mr. Carlos Muñiz González-Blanch has been nominated. Mr. Carlos is a senior executive with more than 25 years of experience in the financial sector, having developed his career in global financial institutions, with expertise in infrastructure financing, risk management, mergers and acquisitions, and strategic leadership. With 20 years of experience within the Santander Group, Mr. Carlos currently serves as Global Chief Financial Officer of the Santander Corporate & Investment Banking (SCIB) division.
Santander Brasil further informs that the succession process was initiated in accordance with the Company’s established internal governance and has been conducted in a coordinated and transparent manner, with the direct involvement of Mr. Gustavo Alejo Viviani, thereby ensuring a careful and orderly transition that will preserve the continuity and stability of the activities under his responsibility.
Over the course of his 25-year career at Santander Brasil, Mr. Gustavo Alejo Viviani has played a highly significant role in strengthening the Company, holding senior leadership positions across both the Wholesale and Retail businesses, as well as serving as Chief Financial Officer and Investor Relations Officer, with a key role in capital management and the development of the Company’s strategy. Santander Brasil expresses its appreciation for his contributions and professionalism, which enhanced the quality of the work performed and prepared the area for its next cycles.
São Paulo, December 22, 2025.
Mario Roberto Opice Leão CEO |
Gustavo Alejo Viviani CFO and Investor Relations Officer |
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Banco Santander (Brasil) S.A. | ||
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By: |
/S/ Reginaldo Antonio Ribeiro
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Reginaldo Antonio Ribeiro Officer without specific designation |
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By: |
/S/ Gustavo Alejo Viviani
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Gustavo Alejo Viviani Vice - President Executive Officer |
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FAQ
What executive change did Banco Santander (Brasil) S.A. (BSBR) announce?
Banco Santander (Brasil) S.A. announced that Gustavo Alejo Viviani will step down from his roles as Executive Vice President and Investor Relations Officer at the end of April 2026, as part of a coordinated succession process.
Who will be the new CFO and Investor Relations Officer of Banco Santander (Brasil) S.A. (BSBR)?
Carlos Muñiz González-Blanch has been nominated to succeed Gustavo as Chief Financial Officer and Investor Relations Officer of Banco Santander (Brasil) S.A.
What organizational changes is Banco Santander (Brasil) S.A. (BSBR) implementing with this succession?
The company will align its structure with the broader Santander Group model, under which the CFO also has responsibility for the Accounting function, and the accounting officer reports directly to the CFO.
How is the leadership transition at Banco Santander (Brasil) S.A. (BSBR) being managed?
The succession process is described as jointly and coordinately conducted, in accordance with internal governance, with direct involvement of Gustavo Alejo Viviani to ensure a careful and orderly transition that preserves continuity and stability.
What experience does Carlos Muñiz González-Blanch bring to Banco Santander (Brasil) S.A. (BSBR)?
Carlos Muñiz González-Blanch has more than 25 years of experience in the financial sector and 20 years within the Santander Group, with expertise in infrastructure financing, risk management, mergers and acquisitions, and strategic leadership. He currently serves as Global CFO of Santander Corporate & Investment Banking.
How long has Gustavo Alejo Viviani worked at Banco Santander (Brasil) S.A. (BSBR)?
Gustavo Alejo Viviani has a 25-year career at Banco Santander (Brasil) S.A., having held senior leadership roles in Wholesale and Retail businesses and serving as CFO and Investor Relations Officer, with a key role in capital management and strategy.
