Febraban Names Leandro Vilain to Succeed Isaac Sidney

Overview

• The Febraban board approved Leandro Vilain's indication to replace Isaac Sidney on Monday, August 31, and set a transition that will run through the end of October after Brazil's presidential elections.
• Isaac Sidney formally asked to leave after more than seven years in Febraban leadership and the federation described the change as a long‑planned, harmonious transition.
• Milton Maluhy Filho, the new president of Febraban's council and CEO of Itaú Unibanco, led the nomination process for Vilain.
• Leandro Vilain is currently CEO of the Associação Brasileira de Bancos (ABBC), previously served on Febraban's board and has worked on payments and open‑finance issues, signaling greater voice for smaller banks and fintechs at the federation.
• The succession follows a year of heightened governance focus in the sector after the 2025 Banco Master episode and FGC actions, and the handover will be watched for how Febraban balances continuity, fintech ties and its policy stance after the election.