Itaú Unibanco Holding announced that Roberto Setubal leave the Executive Presidency of the company and will act, together with Pedro Moreira Salles, as co-chairman of the Board of Directors of the Company. Marco Bonomi, who has also reached the age limit for acting as a Company's Officer, will leave the position of Retail General Officer (Diretor Geral de Varejo) and will take over as a member of the Board of Directors of the company, service for which he will be appointed during the next General Shareholders Meeting. Candido Bracher will replace Roberto Setubal as the Company's new Chief Executive Officer.

Eduardo Vassimon, who joined the group in 1980 and has served, during the last years, as CFO and CRO of the bank, will replace Candido Bracher as the Company's Whosale General Officer (Diretor Geral de Atacado), leading the businesses of large and middle corporations, investment banking, Asset Management, Private Banking, Treasury, as well as Latin America businesses. Marcio Schettini, who developed his career in several retail businesses and performed a fundamental role in the recent transformation of the technology department of the bank, will assume the position of General Retail Officer. Caio David will rejoin the Executive Commitee of Ita Unibanco as Vice-President and will be responsible for the Risk and Finance areas, assuming the position of CFO and CRO of the Company.

Andr Sapoznik, who built up his career in the bank on the retail businesses, will be promoted to the position of Vice President and will lead the Technology and Operations departments in lieu of Marcio Schettini.