Costa was appointed to the position by the governor of the Federal District, Ibaneis Rocha, and remained president of the institution until November 2025
The Federal Police arrested Paulo Henrique Costa, former president of BRB, this Thursday (April 16, 2026). The arrest occurred during a new stage of Operation Compliance Zero. The executive is being investigated on suspicion of allowing unsupported operations with Banco Master and for non-compliance with governance practices. The information was published by journalist Camila Bomfim, from g1.
Costa commanded the BRB from 2019 to 2025. He was appointed by the governor of the Federal District, Ibaneis Rocha, and remained in the position until November 2025, when the Court ordered his removal.
During his tenure, the executive led the attempt to purchase Banco Master by BRB. Investigations indicate that he had authorized business between the two institutions without adequate support. Costa is also suspected of not having followed governance practices at the helm of the bank.
The executive has a degree in business administration and has specializations in the financial area abroad. He has over 20 years of experience in the financial market.
Before assuming the presidency of BRB, he worked at Caixa Econômica Federal since 2001. At the institution, he held the position of vice-president of Customers, Business and Digital Transformation.
