Governance

Global Advisory Council

The Global Advisory Council (GAC) was created in 2016 to support the governance, strategic direction and development of the group’s companies in a comprehensive spectrum of areas such as purpose, corporate citizenship,  sustainability and integrity. 

Linked to the Odebrecht S.A.’s Board of Directors, the Global Advisory Council includes thought leaders from Brazil and various other countries with outstanding knowledge and experience in business, civil society organizations, academia, and multilateral and governmental institutions. 

The GAC’s functioning is based upon an annual ongoing program of activities, which includes annual meetings, during which its members hold working meetings with the Board of Directors of Odebrecht S.A. and workshops with leaders from the entire group. The GAC members act individually, not as representatives of their respective organizations.

THE MEMBERS OF THE GLOBAL ADVISORY COUNCIL (updated in September 2018):

Sergio Foguel, Chair 

Vice Chair of the Board of Directors of Odebrecht S.A. and Chair of the Global Advisory Council, since 2016 has driven the group’s governance transformation journey. He served as senior vice-president of Corporate Governance, Strategic Planning and Human & Organizational Development from 1977 to 2001. He has been member of many other international councils. He conducted research into learning and organizational development at the Massachusetts Institute of Technology (MIT) and at Harvard University. He holds a M.Sc. in Management from the University of California at Los Angeles, and is a Civil Engineer, University of RS, Brazil.

 

Claudio Valladares-Padua 

Co-founder and vice-president of the Ecological Research Institute (IPÊ), Dean of the Environmental Conservation and Sustainability Graduate School and a retired professor from the University of Brasília (UnB). He is a member of Fibria’s sustainability council and Natura’s Amazon Program. He also conducts research at Columbia University in New York. With a background in Business Administration and Biology, he holds a Ph.D from the University of Florida.

 

Georg Kell 

Founding Executive Director of the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative. He also oversaw the conception and launch of the of the Global Compact's sister initiatives, the Principles for Responsible Investment (PRI), the Principles for Responsible Management Education (PRME), and the Sustainable Stock Exchanges (SSE). Chairman of Arabesque, an ESG quant fund that uses self-learning quantitative models and big data to assess the performance and sustainability of globally listed companies. 

 

Jermyn Brooks

Chairs the Business Advisory Board of Transparency International (TI) and the Steering Committee of the Siemens Integrity Initiative conducted by the TI-Secretariat, Berlin. After a successful career at PricewaterhouseCoopers, he started to work at TI in 2000, where he has held various positions, including executive officer and board member. As Chair of a multistakeholder steering committee he played a key role in the creation of the key anti-corruption standard for business, the Business Principles for Countering Corruption and more recently the 10 Anti-Corruption Principles for State Owned Enterprises.

 

Lynn S. Paine

Professor and Senior Associate Dean for International Development at Harvard Business School (HBS). She has written widely on the leadership and governance of companies that meld high ethical standards with outstanding financial results. She currently teaches in the MBA and Executive programs of HBS, where she co-founded the required course on Leadership and Corporate Accountability. She has served on numerous advisory boards including The Conference Board’s Blue Ribbon Commission on Private Enterprise and Public Trust. She holds a law degree from Harvard Law School and a doctorate in moral philosophy from Oxford University.

 

Mark Moody-Stuart

Chairman of the Global Compact Foundation and Vice-Chairman of the UN Global Compact. A director of Saudi Aramco since 2007, he served as Chairman of the Board of the Shell Group from 1998 to 2001 and of Anglo American from 2002 to 2009. After receiving a doctorate in Geology from Cambridge University, he worked for Shell in Europe, the Middle East, Asia and Africa. Author of “Responsible Leadership – Lessons from the front line of sustainability and ethics”.

 

Rubens Ricupero

A member of the Board of Directors of Odebrecht S.A. (2004-2018), he is currently Director of Faculty at Armando Álvares Penteado (FAAP), São Paulo. A career diplomat, he retired after heading the Brazilian embassies in Geneva, Washington and Rome. He served as Minister of Finance and Minister of Environment. From 1995 to 2004, he served as Secretary General of the United Nations Conference on Trade and Development (UNCTAD), in Geneva. Author of several articles and books including "A Diplomacia na Construção do Brasil – 1750-2016" (2017).

 

Tensie Whelan

Director of NYU Stern School of Business’s Center for Sustainable Business and former President of the Rainforest Alliance, one of the most important international organizations to promote business with sustainability, currently present in more than 60 countries. She was named one of the 100 Most Influential People in Business Ethics and has served on numerous advisory boards, such as Unilever’s Sustainability Board and the Nespresso Innovation Fund Advisory Board and serves on several boards including Globescan and the Arabesque and inherent Group advisory boards.

 

Vinod Thomas

Professor at the University of Singapore and at the Asian Institute of Management, in Manila, the Philippines. Former Director-General of Independent Evaluation Group at the Asian Development Bank (ADB), and Senior Vice-President of the same area at the World Bank, where he also served as director for Brazil and as vice-president. He joined the World Bank in 1976 and has served in various positions. He holds a Ph.D. in Economics from the University of Chicago. Author of numerous journal articles and 16 books, including From Inside Brazil (2006).