BFB'S ADMINISTRATIVE COUNCIL is the entity's maximum due diligence forum, composed of 17 (seventeen) directors, representatives of the 7 (seven) COLLEGIATES that bring together the different entities and associated companies; these directors elect by majority, among their members, a PRESIDENT and a VICE-PRESIDENT (with a 2-year term).

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Its function is to define the BFB's STRATEGY and POLICY for action (eg priorities and projects), meeting every two months to debate and make the decisions that will guide all BFB actions.