Fundacau COELBA de Previdncia Complementar (Faelba) is a corporate pension located in Salvador, Brazil. The plan is sponsored by the Electricity Company of the State of Bahia (COELBA). The mission of the pension plan is to grant pension benefits, contributing to the quality of life of its participants. Faelba is managed by an executive board, which follows the guidelines of an advisory board, providing advisory services to the specialized committees.