# Ivan Monteiro

> Ivan de Souza Monteiro is the Brazilian engineer and financial executive leading AXIA Energia, formerly Eletrobras. A former Banco do Brasil finance executive, Petrobras CFO and president, and Credit Suisse Brasil co-CEO, he became Eletrobras CEO in August 2023. His AXIA tenure spans operational integration, renewable generation and the 2025 rebranding; a succession process announced in May 2026 anticipates the end of his term in April 2027.

- **Role:** Chief Executive Officer at AXIA Energia
- **Organizations:** AXIA Energia (formerly Eletrobras), Banco do Brasil, Petrobras, Credit Suisse Brasil, Nubank risk committee, IRB Brasil RE, CPFL Energia, Ultrapar, Banco Votorantim, BB Seguridade
- **From:** Manaus, Brazil
- **Nationality:** Brazilian
- **Education:** Electronic Engineering and Telecommunications, Instituto Nacional de Telecomunicações (Inatel), Executive MBA in Finance, IBMEC, Rio de Janeiro, MBA in Management, Pontifical Catholic University of Rio de Janeiro (PUC-Rio)
- **Known for:** Rose from Banco do Brasil clerk to its financial management and investor relations vice presidency., Served as both CFO and president of Petrobras., Held co-CEO and investment banking leadership positions at Credit Suisse Brasil.

## Career timeline

- **1983** — Joined Banco do Brasil as a clerk while a student.
- **1986** — Graduated in Electronic Engineering and Telecommunications at Inatel.
- **2007** — Became general manager of Banco do Brasil Lisbon and Africa.
- **2008** — Became general manager of Banco do Brasil New York.
- **2009-2015** — Vice president for financial management and investor relations at Banco do Brasil.
- **2015** — Appointed Petrobras finance and investor relations director.
- **2018-2019** — President of Petrobras from June 2018 to January 2019.
- **2019-2020** — Served on Nubank’s risk committee and chaired IRB’s board.
- **2020** — Joined Credit Suisse Brasil, later holding co-CEO and investment banking chair roles.
- **2022** — Joined and chaired Eletrobras’s board in August.
- **2023** — Elected Eletrobras CEO on August 14, succeeding Wilson Ferreira Júnior.
- **2025** — Eletrobras adopted the AXIA Energia name in October.
- **2026** — AXIA began a succession process ahead of the April 30, 2027 end of his term.

## Achievements

- Rose from Banco do Brasil clerk to its financial management and investor relations vice presidency.
- Served as both CFO and president of Petrobras.
- Held co-CEO and investment banking leadership positions at Credit Suisse Brasil.
- Received the Comenda AdInatel national distinction at Futurecom in 2023.
- Led Eletrobras, subsequently AXIA Energia, during integration and rebranding following its 2022 privatization.

## Latest updates

- **2026-10** — Featured as the guest in Tátil’s Leadership Transformation episode published October 9, presented by Pedro Medicis and Olga Loffredi.
- **2026-08** — Appeared in the inaugural iNFRAideias videocast, discussing AXIA’s integration, renewable generation, storage, market opening, AI and succession.
- **2026-06** — Élio Wolff began a temporary executive vice president role as a potential successor under AXIA’s transition plan.
- **2026-05** — AXIA announced the beginning of a structured succession process; Monteiro’s current term ends April 30, 2027.
- **2025-10** — Presented the AXIA Energia identity following the Eletrobras name change.

## Links

- Website: https://axia.com.br
- LinkedIn: https://www.linkedin.com/in/ivan-de-souza-monteiro-7992401b5

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Profile page: https://yespress.io/ivan-monteiro
Published by YesPress — https://yespress.io
Last updated: 2026-10-21
