| 25 May 2024
AEG Facilities' names Venancio de Castro as the new executive director in Brazil

MUMBAI: AEG Facilities, a stand-alone affiliate of AEG, has appointed Venancio de Castro as the Executive Director for AEG Brazil. The announcement was made by AEG Facilities' COO Chuck Steedman.

At AEG Facilities, Venancio will be responsible for the day-to-day management of AEG Brazil's corporate staff and office in S?o Paulo. He will oversee AEG Facilities' venue operations at Itaipava Arena Pernambuco (Recife, PE, Brasil), Maracan? Complex (Rio de Janeiro, RJ, Brasil) and Allianz Parque (S?o Paulo, SP, Brasil).

He will also look after AEG Facilities' business operations in Brazil's, as well as work on identifying future business opportunities throughout Brazil and South America.
"I am so excited to join the AEG Brazil team and look forward to contributing to the success that the AEG team has had in such a short amount of time throughout the world class venues across Brazil," said Venancio.

"He is an extremely well-respected leader and brings a wealth of experience that will be very important to growing revenue with our partners. He has personally directed and implemented some of the most successful marketing platforms in Latin America and will be a tremendous asset to the future growth of our business in Brasil and South America," said Steedman.

Prior to joining AEG Facilities, Venancio was with as the AIG Seguros Brasil SA as the CMO. He has served as VP of consumer products with MasterCard.