Carlos Andrade is Vice President for Strategy & Business Development, and member of the Executive Board of EDP Group in Brazil (EDP Br), an integrated utility company operating in power generation, transmission, distribution, trading in the unregulated market, and energy services. He is CEO of EDP Grid, a services’ subsidiary focused on energy efficiency, electric mobility, and solar distributed generation for both corporate and residential customers, and CEO of EDP Ventures Brazil, a corporate venture capital vehicle focused on investment in startups. He is also Chairman of the Board of Directors of Enerprev, EDP Br employees’ pension fund, and member of the Board of Directors of EDP Inovação, a global EDP subsidiary based in Portugal and focused on Innovation.
Prior to EDP Br, Carlos Andrade developed his career in the financial markets, working for 17 years in international banks in the areas of Credit, Corporate Finance, Project Finance and Investment Banking. More than half of his banking career was spent outside of Brazil, covering the Latin American markets, including positions in Caracas, Mexico City and New York City.
He has a BA in Economics from UFPE, with a number of extension programs completed throughout the years, including most recently at IESE in Spain. He is fluent in Portuguese, English, French and Spanish.