Companhia Brasileira de Alumínio welcomes Luciano Alves as new CEO

Luciano Alves, a production engineer from Escola Politécnica da USP with over twenty years of experience in finance, strategic planning, and M&A, has taken over as CEO at Companhia Brasileira de Alumínio (CBA) in May.

Alves joined the investor relations department after serving as Chief Financial Officer (CFO) and becoming a public company in 2021. His objective now is to strengthen communication with shareholders and investors.

In an interview, Alves shared his expectations for CBA's future development, addressing the challenges of the market and growing demands for sustainability and innovation.

Alves has been part of the group for eighteen years and CBA for nine years, and he has been directly involved in the strategies that are applied by CBA today. He assumes his new position with a commitment to maintaining the strategy based on four pillars: growth, competitiveness, ESG, and innovation.

CBA's products have a low carbon footprint compared to other companies, putting it in the top quartile of global emissions. The company has developed the Alennium seal for CBA aluminium, which provides consumers with detailed information about the carbon footprint of the product since its production through QRCode with blockchain technology.

Brazil is an important market for aluminium consumption and has a diversified consumption of aluminium across various production chains, such as the automotive sector, civil construction, food packaging, beverages, medicine, electricity, and consumer goods, giving it an advantage over other countries. The availability of bauxite, an essential raw material for the production of alumina and later aluminium, and the significant offer of renewable energy in the country put Brazil in an advantageous position compared to other nations.