Itaú Unibanco, the largest private sector bank in Brazil, has appointed Gabriel Amado de Moura, chief executive of Banco Itaú Chile, as its new Chief Financial Officer, replacing Alexsandro Broedel Lopes, who decided to leave the organisation to take on challenges abroad. The appointment was disclosed through a securities filing published on 5 July 2024, and Moura will also become a member of the bank's Executive Committee. The transition began immediately, with completion envisaged for 1 October 2024, subject to regulatory approvals. Itaú Unibanco is listed on the B3 exchange in São Paulo and on the New York Stock Exchange.
INTEREST RATE BACKDROP
The Banco Central do Brasil paused its easing cycle in June 2024, holding the Selic rate at 10.50%.
Bank news that matters, every weekday.
Follow The Global Banker on LinkedIn