Totvs has appointed Alexandre Mafra as its new CFO, replacing finance VP Alexandre Dinkelman. Dinkelman has stepped down to dedicate himself to a new entrepreneurship initiative within Totvs' business ecosystem. As well as Mafra's appointment, the company has named Gilsomar Maia, who is corporate finance director, to lead the investor relations team.
Totvs SA is a Brazil-based company engaged in the information technology (IT) sector. The Company focuses on developing integrated management software solutions, collaboration and productivity platforms, as well as on consulting services. The Company mainly provides enterprise resource planning (ERP) applications, which electronically integrate the strategic and operational levels of a user company. It offers ERP software in various areas, such as administration, education, finance, industrial, human resources, customer service and logistics. The Company operates in Brazil, Argentina, Colombia, Mexico, Portugal and the United States, among others. It controls a number of subsidiaries, including Solucoes em Software e Servicos TTS Ltda, Datasul Argentina SA and Neolog Consultoria e Sistemas SA.