2025 CFO Forum: São Paulo

June 5, 2025

8:30 am to 12:35 pm CT

Bank of America, São Paulo

Av. Brig. Faria Lima, 3400

São Paulo

Brazil

Overview

This edition of Council of the Americas’ CFO Forums offers senior finance executives a unique opportunity to convene in São Paulo to examine the pressing issues shaping Brazil’s economic and business landscape.

Held in-person and off-the-record, this high-level gathering will address the country’s macroeconomic trajectory ahead of the 2026 elections, as well as delving into the implications of the upcoming tax reform, workforce management in a multigenerational era, and investment strategies in Brazil’s expanding data center sector.

Participants will engage directly with prominent economists, legal and tax experts, and senior executives from top firms navigating these transitions. All sessions will be conducted in English.

Registration: Natalia Posada at cfoprogram@as-coa.org

Program Information: Lorraine Campos at lcampos@as-coa.org

Sponsorship Opportunities: Cyndi Balladares at cballadares@as-coa.org

Note: This event is only open for senior finance executives (CFO, VP of Finance and Head of Treasury). If you are interested in sharing this invitation within your company, please contact cfoprogram@as-coa.org.

Agenda

2025 CFO Forum: São Paulo

8:30 a.m. to 9:00 a.m. | Registration & Breakfast

9:00 a.m. to 9:05 a.m. | Welcome Remarks

Maria Lourdes Teran, Vice President & Head of AS/COA Miami Office
Carlos Hawthorne, Managing Director, Head of GTS Corporate Sales Brazil

9:05 a.m. to 10:00 a.m. | Session I: Brazil's Economic Outlook

A senior economist will offer expert insights into Brazil’s current economic landscape and the outlook for 2026, as the country navigates a shifting global trade environment, prepares for presidential elections in the year ahead, and begins implementing new tax reform measures.

David Beker, Head of Brazil Economics, LatAm Equity Strategy & LatAm Equity Research, Bank of America

10:00 a.m. to 10:45 a.m. | Session II: Navigating Brazil’s Tax Reform: Strategic Planning for CFOs in a Transition Period  

Brazil is on the verge of a historic tax reform that has been discussed for many years, and approved in December 2023 by the country’s National Congress. The transition to the new model will unfold in multiple phases, with the most significant period for taxpayers expected between 2026 and 2032. How should CFOs prepare for this new scenario, and what should they expect?

Erez Tucner, Shareholder, Greenberg Traurig
Mattos Filho
Ernest Young

10:45 a.m. to 11:05 a.m. | Networking Coffee Break

11:05 a.m. to 11:50 a.m. | Session III: The Financial Case for Multigenerational Teams

Today’s workforce spans multiple generations, each with distinct expectations, values, and work styles. How can finance leaders shape strategies that engage and support multigenerational teams? And how can they contribute to improving talent retention, increasing operational efficiency, and driving long-term financial performance to ensure their organizations remain competitive and future-ready?

Mercer
PayPal
Hershey Company
American Tower

11:50 a.m. to 12:35 p.m. | Session IV— Building Brazil’s Data Centers: Unlocking Investment & Growth & Digital Risks

With the rise of AI, energy demand is surging to keep pace with the rapid growth. As a country rich in renewable resources, Brazil is uniquely positioned to become a regional data center hub. How is this data center boom influencing CFOs' investment strategies in Brazil, and what are the key factors to consider?

Cristine Spercel, Associate Managing Director, LatAm, Public, Project & Infrastructure Finance, Moody's
Antonio Silveira, VP for Private Sector, CAF
Werner Suffert, CFO, Ascenty

12:35 p.m. | Closing Remarks

Additional information of the agenda will be announced*

Speakers

David Beker

Brazil Economics & LatAm Equity Strategy, Bank of America Securities

David Beker is a managing director and chief brazil economist and LatAm Equity strategist, focusing on macro indicators and financial asset recommendations. Beker is also head of Latin America equity research. Prior to rejoining the firm in 2009, Beker was an emerging market...

Cristiane Kisil Spercel

Senior Vice President, Infrastructure & Project Finance, Moody’s Investors Service

Cristiane Kisil Spercel is a senior vice president at Moody’s Investors Service, based in São Paulo, Brazil. In her role, she holds management responsibility for the rating agency's coverage of project finance, infrastructure, and sub-sovereign credits across Latin America...

Erez I. Tucner

Shareholder, Chair of New York Cross-Border Tax Planning Practice, Greenberg Traurig LLP

Erez I. Tucner is a shareholder at Greenberg Traurig LLP, where he chairs the New York Cross-Border Tax Planning Practice. With extensive experience in business and tax law, Tucner specializes in structuring and negotiating the legal, business, and tax aspects of complex...

Carlos Hawthorne

Managing Director, Head of GTS Corporate Sales Brazil, Bank of America

Carlos Hawthorne serves as the managing director and Head of Global Transaction Services (GTS) Corporate Sales for Brazil at Bank of America. With over two decades of experience in corporate banking, Hawthorne has been instrumental in delivering comprehensive financial solutions...