The Commercial Director of BrasilCap, Marcelo Gonçalves Farinha, was re-elected President of the National Federation of Capitalization Investments (FenaCap) and for the board of directors for the 2022-24 term, taking office on February 7th. FenaCap, which celebrates its 15th anniversary this year, represents the 16 member companies in the national territory. The entity has been strategic in strengthening the segment within the market, thus contributing to the economic and social development of Brazilians.
Among other goals, the Federation acts as the sector’s political and institutional representation, promoting the permanent protection of the segment’s interests; it also represents the members in court and out-of-court; and it helps to create and improve laws, rules and regulations that increase the efficiency of this economic segment. The new management is followed by a positive outlook for the year.
The market of capitalization investments in 2022 may show a sustained recovery, growing in all regions of the country. The result up to November 2021 points to this scenario. The sector revenue reached R$ 22.18 billion, a 6.25% increase year-to-date if compared to the same period in 2020. For FenaCap, this reinforces the prospect of double-digit growth for this year.
‘During the pandemic, we were compelled to accelerate changes that had been taking place at a slower pace, and suddenly imposed a challenge we had never experienced before: the migration from face-to-face to online. This was possible for two reasons: the companies had the ability to adapt to the new reality, paired with the tradition of resilience of the capitalization investment sector’, explains Marcelo Farinha.
Capitalization investment products have been a success story for the last 93 years and, through its resilience, the segment has reinvented itself and launched new products to meet the most varied demands. One of the capitalization investment differentials is its ability to join other sectors in the creation of new solutions.