Victor Mansur Named Chief Financial Officer of XP, Effective August 1, 2024

Mansur, currently serving as XP’s Deputy CFO, is a seasoned industry professional with over twenty years of expertise spanning treasury, trading, structuring, and sales. Following the transition, outgoing CFO Bruno Constantino will assume an advisory position for a 12-month period and maintain a seat on the XP Board. André Parize, formerly Head of Investor Relations, has been appointed as Chief Investor Relations Officer.

XP, a leading technology-driven platform and trusted provider of low-fee financial products and services in Brazil, announced today that Victor Mansur has been appointed Chief Financial Officer, effective August 1, 2024, succeeding Bruno Constantino. Mr. Constantino will collaborate closely with Mr. Mansur to ensure a seamless transition and will continue to support XP in an advisory capacity for a 12-month period after the transition while remaining a member of XP’s Board of Directors. Additionally, André Parize, the current Head of Investor Relations, has been named Chief Investor Relations Officer, effective August 1, 2024, and will report to Mr. Mansur.

Mr. Mansur, who currently serves as XP’s Deputy Chief Financial Officer, has been with the company since 2012 and has held various senior roles, including Executive Director, Head of Treasury, and Head of Structuring, Trading, and Sales. His appointment as CFO comes after years of dedicated service and deep involvement in XP’s financial operations.

Thiago Maffra, Chief Executive Officer of XP, praised Mr. Mansur’s contributions to the company’s growth, citing his extensive experience and understanding of XP’s strategy and operations. He also expressed gratitude to Mr. Constantino for his significant role in XP’s development and emphasized the importance of his continued involvement as a Board member.

Mr. Constantino expressed his commitment to XP’s ongoing success and stated his intention to focus on strengthening corporate governance and supporting the management team in his role as a Director. He expressed confidence in Mr. Mansur’s ability to excel as CFO and pledged to facilitate a smooth transition.

Mr. Mansur expressed his honor at being named XP’s next CFO and conveyed his excitement about contributing to the company’s continued growth and success under Thiago’s leadership.

About XP: XP is a leading, technology-driven platform and trusted provider of low-fee financial products and services in Brazil. The company aims to revolutionize traditional financial models by educating investors, democratizing access to financial services, developing innovative products and technology applications, and providing high-quality customer service. XP offers financial advisory services for retail and high-net-worth clients, as well as an open financial product platform with access to over 800 investment products.

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