Brazil's Braskem Introduces IG4 and Appoints New CEO to Drive Financial Restructuring
2026-06-10 10:50
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en.Wedoany.com Reported - Braskem enters a new phase of governance reform, formally introducing investment firm IG4 into its management and forming a complementary talent structure with Petrobrás. IG4 brings extensive experience in restructuring and complex asset management, while Petrobrás will deepen its involvement in the company's operations through its technical expertise in Brazil's petrochemical industry. Hélcio Tokeshi, who will assume the role of CEO at Braskem, stated that the collaboration between the two shareholders marks a new chapter for the company, enabling it to address challenges while continuing to solidify its strategic position in the chemical and petrochemical value chain and contribute to the development of the industry and communities.

This alliance enhances Braskem's execution capabilities at the operational level, particularly against the backdrop of an increasingly challenging industry environment, supporting the company in advancing financial restructuring and operational optimization within a more competitive market landscape. Hélcio Tokeshi noted that the current core focus is on execution: restructuring the financial framework, improving operational efficiency, while maintaining adequate liquidity and optimizing cash flow. The company is working collaboratively with Petrobrás and IG4 to concentrate resources on driving business development.

This transformation occurs during a period of overall pressure in the chemical and petrochemical industry, characterized by heightened market volatility, narrowing profit margins, and intensified global competition. In response, Braskem has initiated a review and strengthening process for its long-term strategy. Hélcio Tokeshi added that the company will adhere to strict capital allocation principles in conducting strategic evaluations, prioritizing investments with clear returns. Concurrently, the company is advancing a structured agenda to improve its financial position and engaging in dialogue with stakeholders, including financial institutions, to optimize its capital structure.

As a key component of this new phase, Braskem has assembled a senior management team with extensive experience in business turnaround, finance, and operational transformation. The team members are as follows:

Carlos Plachta assumes the role of Vice President of Global Logistics, Commercialization, and Markets. With over 20 years of industry experience, he has demonstrated excellence in project management, commercial operations, finance, cost control, and business turnaround, and previously served as an independent member of Braskem's Board of Directors.

Camilla Tápias takes on the position of Vice President of Legal and Institutional Relations. She brings over 25 years of experience in regulatory affairs, complex negotiations, and institutional relations, having built a solid career foundation at Telefônica.

Carlos Brandão becomes Chief Financial Officer (CFO). A partner at IG4 Capital, he previously served as CFO of telecom company Oi, where he led one of Latin America's largest debt restructurings. Brandão has over 25 years of financial and operational experience, specializing in mergers and acquisitions, debt restructuring, and strategic planning.

Hélcio Tokeshi serves as Chief Executive Officer (CEO). As a partner at IG4 Capital, he has 35 years of experience in both the public and private sectors, with expertise in business turnaround and complex asset management. He previously served as CEO of Corredor Logística e Infraestrutura and as Finance Secretary of the State of São Paulo.

Luiz Rossato takes on the role of Vice President of Transformation. He has extensive experience in strategy, mergers and acquisitions, and corporate transformation, having held C-Level positions at companies such as Atvos and Via for over 14 years, participating in growth and restructuring projects across multiple markets.

Márcio Pitzer remains as Vice President of Compliance and Audit. With over 25 years of experience in audit, compliance, and risk management, he has previously worked at companies including Oi and Fininvest Administradora de Cartões.

Nir Lander serves as Vice President of Corporate Affairs. He has 25 years of experience across various industries, having worked at companies such as Oi and Ocyan. Lander remains with Braskem, overseeing areas including corporate human resources management, with a focus on corporate governance.

The Vice President of Global Operations has over 20 years of experience in the oil and gas sector, with a primary focus on Petrobrás's refining operations.

Currently, Braskem maintains normal operations, strictly adhering to legal, regulatory, safety, and environmental and social responsibilities.

The company continues its existing partnerships with customers, suppliers, communities, and government authorities.

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