Independent Director — Novo Mercado Migration

Brazil·Agribusiness & Food··Posted 7 July 2026

B3-listed agribusiness group migrating to Novo Mercado

The problem this seat exists to solve

The company is migrating to Novo Mercado and must assemble a board with at least two independent directors or twenty per cent, whichever is greater, separate the chair and chief executive, and stand up an audit committee — on the timetable the migration sets.

The remit

Serve as an independent director on a board being reconstituted for the top listing segment
Establish the audit committee's charter and its relationship with the conselho fiscal
Oversee the group's exposure to importing-market due-diligence and deforestation regimes
Support the separation of the chair and chief executive roles

What the sponsor will not compromise on

Independence under the Novo Mercado criteria
Agribusiness, commodities or food supply-chain governance experience
Familiarity with importing-market traceability and due-diligence regulation
Portuguese strongly preferred; corporate acts are registered in Portuguese in every case

Terms

Engagement: Two-year board term, renewable.
Compensation: BRL 260,000 – 400,000 a year, within the global cap approved by the general meeting.
Cross-border: Law 14.195/2021 removed the residency requirement for board of directors members. A non-resident appointee needs a CPF and a Brazilian-resident attorney-in-fact to receive service of process.
Time commitment in this market: Typically 8–12 board meetings a year plus committees; Brazilian boards meet more often than the Latin American average and audit committees considerably more.

Before you apply — Brazil

Since Law 14.195/2021 a non-resident may serve on the board of directors. The requirement is a Brazilian-resident attorney-in-fact to receive service of process, not residence by the director.

Residency test: None on a board of directors member, provided a representative resident in Brazil is appointed to receive service of process on the director's behalf, with a power of attorney valid for at least three years after the end of the term. Members of the diretoria (executive board) must still reside in Brazil.
Nationality test: None.
Work authorisation: A non-resident non-executive director attending board meetings travels on a business visa. An executive role on the diretoria requires residence and the corresponding permanent visa for a company administrator.
Tenure limit once appointed: No statutory cap. Board terms run for up to two years and are renewable; the Novo Mercado regulation and the IBGC Code address long tenure through disclosure and board evaluation rather than a hard limit.

The full Brazil regime map

How this works

Every seat here is applied for by a certified director.

That is the whole difference. A sponsor reading applications from this Exchange knows the pool has been tested — which is why the briefs are real and why an application gets read. Five steps, and the first three are free.

1
Register — free
Read every brief, every regime map and both tools. Nothing is hidden behind the paywall and nothing ever has been. You can apply straight away — one application a fortnight.
2
Sit the assessment — free, about 30 minutes
15 judgement questions on statutory duty, your functional depth and cross-border practice. Sitting it costs nothing and you see your band and a gap report either way — so you learn something about your own standing whether or not you go further.
3
Pass, and you are certified — free, for 12 months
There is no fee to certify. A certified member applies to board, interim and advisory seats, one application a week. That alone is more than most directors act on in a quarter.
4
Then, if you want the rate — Foresight InfinityUS$250 a month
Your application is collated, verified against your profile and carried to the sponsor every week instead of waiting out the seat’s priority period — and we search for you rather than waiting for you to look. Foresight Infinity Plus, US$500 a month, is carried first, the moment it is matched, with a document written for that seat and your score attached.
Monthly only — there is no annual term on either. One payment a month; nothing renews on its own.
5
Your certificate and your membership are not the same thing
The certificate runs 12 months. A membership renews every month. If you stop paying you do not go back to the beginning — you keep the certificate you earned and return to one application a week until it expires.

Start the assessment — free The longer explanation →

Apply

GIDX-BR-0120 — Independent Director — Novo Mercado Migration

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One account. Every market your record travels to.

Registering is free and you can apply straight away — one application a fortnight. Pass the free assessment and you are certified for a year, with one application a week. Foresight Infinity (US$250 a month) raises that to one application a day and carries your applications ahead of free members; Foresight Infinity Plus (US$500 a month) carries them first, the moment they arrive.