Boardroom Governance with Evan Epstein

Alexandre Rangel: Institutional Investors' Engagement in Latin America.

(0:00) Intro. (1:10) About the podcast sponsor: The American College of Governance Counsel . (1:57) Start of interview. (4:00) Alexandre's "origin story." His time as Commissioner of the Brazilian Securities and Exchange Commission (CVM) (2020-2023). (7:34) On his OECD background note on Institutional Investors' Engagement in Latin America (2023). (14:56) Local institutional investors and pension funds engagement in Brazil. *reference to E118 with John Coates: The Problem of Twelve, Index Funds and Private Equity . (17:23) On stewardship codes . (19:58) On internal stewardship teams at asset managers and passive investors. (21:05) Challenges of shareholder activism and dispersed ownership in Brazil. (25:53) Enforcement and Cooperation between U.S. and Brazilian regulators. *Reference Enhanced Memorandum of IOSCO . (28:03) On the governance of State-Owned Enterprises (SOEs). (34:24) The geopolitical landscape and where Brazil stands vis-a-vis China and the U.S. (36:38) Fintech developments in Brazil. *Reference to Pix from Brazilian Central Bank ( Open Finance Project ). (39:19) The future of corporate governance in Brazil , and prospects to join the OECD. Private right of action for enforcement? (41:29) Book that has greatly influenced his life: The Economic Structure of Corporate Law by Frank H. Easterbrook and Daniel R. Fischel (1991) (42:08) His mentor: his father. (42:47) Quotes that he thinks of often or lives her life by: "No need to hurry but do not waste time" by Jose Saramago . "I'm neither an optimist nor a pessimist, I prefer to be a hopeful realist." ( Ariano Suassuna ) (43:44) An unusual habit or absurd thing that he loves. (45:34) The living person he most admires. Alexandre Rangel is a former Commissioner of the Brazilian Securities and Exchange Commission (CVM) (2020-2023) and Consultant of the OECD (2023). He’s currently practicing law at Rangel Advogados. You can follow Evan on social media at: X: @evanepstein LinkedIn: https://www.linkedin.com/in/epsteinevan/  Substack: https://evanepstein.substack.com/ __ To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/ __ Music/Soundtrack (found via Free Music Archive ): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Listen