Home Media News & press releases Appointment to Edenred’s Board of Directors

Press release

Appointments 30 March 2016

Appointment to Edenred’s Board of Directors

At its meeting on March 23, 2016, Edenred’s Board of Directors appointed Sylvia Coutinho, Country Head of UBS Brazil, as a Director of Edenred.


Sylvia Coutinho, aged 54 and Brazilian citizen, holds a degree in engineering and a post-graduate degree in economics from the University of São Paulo, as well as an MBA from Columbia University in New York. 

She started her career in 1984 at the banking group Citigroup, where she held several high-responsibility positions in Brazil and the United States. In 2003, she joined HSBC where she held senior positions in the wealth and asset management divisions, and notably became Head of Retail Banking and Wealth Management divisions for Latin America and Head of Global Asset Management for the Americas. 

Since 2013, Sylvia Coutinho serves as the Country Head of the banking group UBS Group in Brazil and heads UBS’s Brazilian Executive Committee.

Sylvia Coutinho's international experience, acquired by spending her entire career in multinational companies, her in-depth understanding of Brazil and her expertise in the banking industry and more particularly in e-banking, will all be significant assets for the Group, which has made the shift to digital a key strategic objective.

The Board of Directors has noted that Sylvia Coutinho qualifies as an independent Director according to the AFEP/MEDEF corporate governance code. Following the appointment, Edenred’s Board of Directors now comprises 11 members, of which 73% are independent, and the proportion of women on the Board has increased from 30% to 36%.

Shareholders will be asked to ratify this appointment at the next Annual Meeting on 4 May 2016.




Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

Read also

Press contacts


Media relations

By phone: +33 (0)6 83 54 12 10