Joubert FORTES FLORES FILHO

Biographical note
Mr. Joubert Fortes Flores Filho, 61, began his career in MetrôRio in 1974. Today he is Senior Adviser of the Board. He served as engineering Director and Human Resources Director. Mr. Flores has served as President of one of the most prestigious associations in Brazil:  ABRAMAN – Brazilian Maintenance Association / FIM – Ibero American Federation of Maintenance. In ANTP – Brazilian Association of Public Transport – he is the President of its Metro-Railways Committee. Mr. Flores is also the President of Brazilian Association of Railway Passengers Companies and is the Vice Chairman of Latin Metro Division of UITP.

Presentation: Asset management for MetrôRio
Metro Rio is a private concessionaire in charge of operation and maintenance of the Rio de Janeiro’s subway system. Our term will finish in 2038 and we are running assets with more than 30 years old. Since the State is the owner of the assets. The concessionaire is not responsible by contract  to replace or modernize the systems. Nowadays the State has strong budget constrains so our goal is develop a strategy to update these assets avoiding to decrease the valuation of the Concession.