About

Cited as a key figure in the legal and banking industry, Ernesto Antunes de Carvalho is regarded by nominators as an ‘extremely technical lawyer, with deep knowledge on litigation’. The legal superintendent began his tenure at Banco Safra, a full service commercial bank and Brazil’s 10th largest private sector financial institution in terms of total assets, in November 2014. Carvalho leads a team of two lawyers and one administrative employee, who together manage significant litigation for the bank. Carvalho has been praised for his role in the early diagnosis of legal problems in the judicial processes of high value and creation of appropriate strategies to generate solutions, his emphasis on ‘implementation of the results of advocacy’ ensure a close relationship with the business. In the recent past, the legal division has endured external challenges, such as the current political and economic crisis experienced by Brazil, which have had an impact on the business; they were however able to overcome these challenges via the application of interim measures such as appropriate wording of contracts, correct application of the new Brazilian Civil Code, and direct contact with the commercial department of the bank.