Xp Incorporation (XP) has released an update.
XP Incorporation has announced substantive changes to its corporate governance, aiming to bolster the company’s growth with the appointment of four new independent directors and the formation of two new committees focusing on risks, credit, ESG, strategy, and performance. The overhaul is set to create a majority-independent board, underscoring XP’s commitment to independent oversight and strategic expertise. This move, paired with the introduction of seasoned professionals with diverse backgrounds, is anticipated to enhance shareholder representation and guide the company’s continued expansion in the financial services sector.
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