Privatizations became accepted economic reform platforms in Brazil in 1990 after the National Privatization Program started as proposed by the government. According to the explanation of Felipe Montoro Jens; the treasurer, chief financial officer, and controller of the finance division in Brazil, Singapore, and the United Kingdom, the privatization process included aeronautical, steel, and petrochemical industries. The government passed the Concession Law in 1995 that established some industries as priority privatizations. These industries included sanitation, telecommunications, banking, transportation, and electricity corporations. Before private capitalization, the regulatory agency organization was important to Brazil’s ultimate success. The General Concession Plan was developed in 2008, and in 2011, the government started a plan to globalize its Fixed Telephone Service.

Filipe Montoro Jens sits on the Board of Directors at San Antonio Energia SA, Foz do Brasil SA, Dealers Administrative Center, and Source New Business e Participacoes SA. He served as chief officer of a worldwide organization originating from Brazil with a broad range of business activities covering 25 countries. Jens worked in the organization as a controller, treasurer, and planner under corporate and project finance divisions in Brazil, Singapore, and the United Kingdom. He has also served on the board of directors of different companies dealing with various products including infrastructure, ethanol, sugar, water, sewage, gas, oil, technology, defense, and renewable energy production. Additionally, he has worked for infrastructure concessions in Brazil.

Earlier, Jens served in the structured finance and project development area of Terna S.P.A. He also worked at Pricewaterhouse Coopers in the consulting and auditing divisions and at Enron in the international structured finance division. Moreover, he has ever served as the director of Braskem S.A. Jens holds a Bachelor’s degree in Business Administration from Fundao Getlio Vargas and a Masters degree in International Management from Thunderbird, the American Garvin School of International Management, USA.