Aliansce Shopping Centers S.A. Appoints Rafael Sales as Executive Vice President, Effective May 17, 2017
May 10, 2017 at 05:36 pm EDT
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Aliansce Shopping Centers S.A. announced that Rafael Sales will become Aliansce's Executive Vice President, effective May 17, 2017. Reporting to Aliansce CEO, Renato Rique, Rafael will oversee the Company's operational, financial and investment activities. Rafael Sales has been a member of Aliansce's Board of Directors since 2014 and has been actively involved in the development of the Company's strategy, working closely with the executive officers. During the last three years he was a member of the Compensation Committee and participated in the main investment decisions. In 2016 he was appointed to lead a Temporary Executive Committee, comprised of board members, who coordinated and worked together with senior management in defining and implementing the strategy of acquisition of Shopping Leblon by Aliansce, as well as the capital increase.
Allos SA, formerly known as Aliansce Sonae Shopping Centers SA, is a Brazil-based company principally engaged in shopping mall industry. The Companyâs principal activity is investing in commercial centers, shopping malls and similar ventures, and in other companies as a partner or stockholder, rendering commercial advisory services, management of shopping malls and condominiums. The Company is also active in planning, development, and the administration of the structure as well as the financial, commercial, legal, and operational management of the malls. The Companyâs portfolio consists of over 50 shopping malls, and through its subsidiaries is present in all 5 regions of Brazil.