Chairman of the Standards Advisory Council

Professor L Nelson Carvalho has a wide range of experience in both the public and private sectors.

In addition to his role at the University of São Paulo, Professor Carvalho serves on the boards of Banco Nossa Caixa and Grupo Orsa, and is active in mergers and acquisition projects in Brazil and elsewhere. He is also an arbitrator for the International Court of Arbitration of the International Chamber of Commerce and for the Court of Arbitration of the National Association of Financial Institutions in Brazil.

Before joining the faculty of the University of São Paulo, Professor Carvalho was the Head of Banking Supervision of the Central Bank of Brazil (1991-1993) and a Commissioner of the Brazilian Securities and Exchange Commission (1990-1991). Prior to joining public sector, he was an auditor and financial consultant for 25 years.

Professor Carvalho has been involved in international accounting and auditing activities throughout the last decade. He has served as a member of the SAC since its formation in 2001 and was nominated as Chairman by his fellow members.

He is also a member of the Consultative Advisory Group of the International Auditing and Assurance Standards Board. He attended the meetings of IASC, the IASB’s predecessor, in his capacity as former President of the Central and South American Regions of International Association of Financial Executives Institutes.