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Dr. Pedro Malan

Non-Executive Director

Dr. Pedro Malan was appointed to the Board of British American Tobacco p.l.c. as a Non-Executive Director in February 2015. He is a member of the Audit and Nominations Committees.

Pedro has had a distinguished public service career in Brazil, having served as the country’s Finance Minister from 1995 to 2002 and President of the Central Bank of Brazil from August 1993 to year end 1994. From mid-1991 to 1993 he was the Chief External Debt Negotiator.

An expert in international macro-economic policy, Pedro is a former Chairman of the Board of the Unibanco bank (2004 – 2008) and continues to sit as Chairman of the International Advisory Board of Itaú Unibanco.

Pedro has been a member of the Board of utility company EDP - Energias do Brasil since 2006. He is a Trustee of the Thomson Reuters Trust Principles and a member of the Temasek International Panel.

Pedro also served on the Board of Souza Cruz S.A, a subsidiary company of British American Tobacco, until his appointment to the Board.

Pedro holds a degree in Electrical Engineering from the Pontifical Catholic University of Rio de Janeiro and a Ph.D in Economics from the University of California, Berkeley.

He lives in Brazil.

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