Business Context and Reporting Period
This Form 6-K filing by Banco Santander (Brasil) S.A. covers the month of December 2025. The report discloses a material fact regarding a planned executive succession and organizational restructuring within the company's leadership team.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and personnel changes rather than financial performance data.
Material Changes
- Executive Departure: Mr. Gustavo Alejo Viviani will step down as Executive Vice President and Investor Relations Officer at the end of April 2026, subject to regulatory approvals.
- Organizational Restructuring: The company will align its structure with the Santander Group model, where the Chief Financial Officer (CFO) will also oversee the Accounting function, with the respective officer reporting directly to the CFO.
- Succession Appointment: Mr. Carlos Muñiz González-Blanch has been nominated as the successor to Mr. Viviani for the positions of Chief Financial Officer and Investor Relations Officer.
Outlook, Risks, and Management Commentary
Management emphasizes that the succession process was conducted in a coordinated and transparent manner with the direct involvement of the outgoing executive to ensure continuity and stability. Mr. Muñiz González-Blanch brings over 25 years of experience in the financial sector, including 20 years within the Santander Group, with expertise in infrastructure financing, risk management, and strategic leadership. The filing notes that the transition is contingent upon receiving applicable regulatory approvals for the successor.
Key Facts for Investor Verification
- Confirm the exact effective date of Mr. Viviani's departure and Mr. Muñiz's appointment, noting the April 2026 target is subject to regulatory approval.
- Verify the specific regulatory bodies involved in the approval process for the new CFO and Investor Relations Officer.
- Monitor future filings for the implementation details of the new organizational structure regarding the Accounting function.
- Review subsequent financial reports to assess the impact of the leadership transition on capital management and strategy execution.