Souza was nominated by the governor of the Federal District, Ibaneis Rocha, after the removal of former president Paulo Henrique Costa, who was being investigated on suspicion of fraud.
One day after having your name approved by the BC (Banco Central), Nelson Antônio de Souza took office this Thursday (27.Nov.2025) and assumed the presidency of Banco BRB. Souza was sworn in by the president of the BRB Board of Directors, Marcelo Talarico, becoming the 22nd president in the institution’s history.
Souza’s appointment was made by the governor of the DF, Ibaneis Rocha (MDB), on November 19, after the removal of former president Paulo Henrique Costa, who was being investigated on suspicion of fraud in Operation Compliance Zero, of the PF (Federal Police).
Upon taking office as president of the bank, Nelson Souza commented that this is a time of hard work and dedication. For him, it is essential that, at the end of the cycle, it is possible to be proud of the trajectory of sustainable results and appreciation of people.
“I am committed to respecting the Bank’s mission and values while dedicating ourselves to overcoming adversities together, with great respect for each other. We will strengthen BRB, keeping the Bank solid, reliable and with sustainable results, preserving the integrity of banking practices and the trust of customers and investors”he highlighted.
new president
Nelson Antônio de Souza was approved on Wednesday (26.Nov.2025) by the BC (Central Bank) to preside over Banco BRB, a financial institution controlled by the GDF (Government of the Federal District), the bank’s main shareholder. The indication was disclosed to the market through a Material Fact, on November 19th.
Souza held the position of vice-president of Elo, a company in the payments sector. Previously, he was an employee of Caixa Econômica Federal since 1979, becoming president of the institution in 2018, during the government of Michel Temer (MDB).
His experience includes stints as president of BNB (Banco do Nordeste), Desenvolvimento SP (Entrepreneur’s Bank of the State of São Paulo) and Brasilcap. He has MBA in Business Consulting from UnB (University of Brasília) and in Administration and Marketing from IEE (Institute of Business Studies).
investigation into BRB
Both the Former president of Banco BRB, Paulo Henrique Costa, and former financial director of BRB, Dario Oswaldo Garcia Júnior, were removed from the institution after Operation Compliance Zero, launched by the PF on November 18. Both are as well as the who is arrested.
The investigation investigates the issuance of false credit titles by institutions of the National Financial System. According to columnist Malu Gaspar, from the newspaper The Globe, Costa continued to authorize substantial transfers to Banco Master even after a formal warning issued by the BC (Central Bank).
Also according to the columnist, BRB obtained regulatory authorization to intervene in Banco Master and, although the BC’s warning identified relevant financial risks and irregularities in the transfer of R$12.2 billion, the transfers to the private bank persisted.
The alert was made more than once during the audit carried out by the BC, in the documents related to the Master purchase operation, which ended up not materializing. The deal was approved by Cade (Administrative Council for Economic Defense) in June 2025, but was rejected by the BC in September. Master’s extrajudicial liquidation was ordered on November 18th.
Shortly after Costa’s departure, Ibaneis superintendent of Caixa Econômica Federal, for the position. The governor of DF, however, ended up opting for Souza.
