Posted by Sudbury Northern Life
Vale Inco recently announced the appointment of Tito Martins as President and Chief Executive Officer of its wholly-owned subsidiary Vale Inco Ltd., replacing Murilo Ferreira. He is set to start in January 2009.
Martins will retain the position of executive director of non-ferrous minerals of Vale. He will be in charge of the nickel, copper, aluminum and coal operations, sales and marketing. Martins was appointed to this role in May 2008. Since April 2006, he had been executive director of corporate affairs and energy, where he had already served as the managing director of the corporate finance department from August 1999 to September 2003.
Martins was also the CEO of CAEMI Mining and Metallurgy Corp. and CEO and chairman of MBR Minerações Brasileiras Reunidas from 2003 to 2006.
As a result of his expertise in the fields of administration and finance,the newly appointed president and CEO became a member of the board of directors of several corporations, both in Brazil and abroad.
Martins holds a bachelor's degree in economics from the Federal University of Minas Gerais (UFMG) and a master's degree in management from the Federal University of Rio de Janeiro (IEAD). He has been working with Vale since 1985.
