Marcel Moraes

Mr. Marcel Moraes is an Equity Research Analyst at Santander CCVM SA. He was previously employed as an Analyst by Credit Suisse (Brasil) SA CTVM, Bradesco SA CTVM, a Research Analyst by Deutsche Bank Corretora de Valores SA, Deutsche Bank Securities, Inc., Director of Strategic Planning by Mafrig Group, Senior Financial Analyst by Sky Brasil and Financial Analyst by Fotoptica Ltda.
Mr. Moraes holds a degree in Business Administration from Fundação Getulio Vargas (FGV).