Discover updates about professionals transitioning between financial institutions in Latin America.
IG4 partners assume top posts at Braskem
Helcio Tokeshi and Carlos Brandão assume the roles of CEO and CFO respectively at the now-IG4 controlled petrochemicals company
Braskem shareholders set to ratify IG4 takeover deal
The petrochemical giant’s priority after Monday’s shareholders meeting is to renegotiate its $10.1 bln debt
Pluxee’s Brazil CEO departs
The chief product officer of the French firm’s Brazilian arm takes its helm on an interim basis
Westwing appoints new CFO
Brazilian online furniture retailer names a permanent replacement for its previous CFO, who was fired in March
Nubank shares slump on CFO change
Brazilian digital lender’s CFO of the last five years steps down, adding to investor concerns about its recent financial performance
Simpar lending, truck rental units get new CEOs
Brazilian holding company appoints new heads at consumer financing arm and truck rental division
B3, XP name Santander Brasil execs to top posts
Veteran investment banker Christian Egan takes the helm of São Paulo’s stock exchange, while XP poaches Santander CFO Alejo
Mexico replaces Pemex CEO
Outgoing CFO Juan Carpio, an ally of President Claudia Sheinbaum, will take the helm of the loss-making oil company with immediate effect
Shell appoints new Brazil CEO
João Santos Rosa will take the helm of Brazil’s second largest oil producer in August
Credicorp CFO transfers to microfinance arm
Peru’s biggest financial services firm appoints company veteran Alejandro Pérez-Reyes CEO of Mibanco
Toky appoints new CEO, CFO after bankruptcy filing
Brazilian home decor retailer replaces top exes a day after requesting protection from creditors
Lupo and Cosern appoint CEOs
Century-old Brazilian textile company has unveiled a succession plan, while the power distributor has also appointed a new head
Axia promotes VP as part of CEO succession
Brazil’s largest power company lays plans for the retirement of CEO Ivan Monteiro
Outgoing Costa Rican leader given top finance post
President-elect Laura Fernández gives Rodrigo Chaves two key positions in her cabinet
Tupy, Heringer and Portobello replace top execs
Brazilian car parts, fertilizer and ceramic tile companies bring aboard new executives
Petroperú hires new chairman to lead restructuring effort
New head says he will seek to rebuild market confidence in the heavily indebted, state-owned oil firm
Invepar appoints new CEO
Brazilian infrastructure company’s chairman assumes additional responsibilities as CEO, CFO and IRO
Bolivia names interim YPFB chief
Sebastián Daroca will run the state-owned oil firm as the government tries to pull the country out of an energy crisis
Banamex replaces top exec ahead of IPO
Citi’s Mexican subsidiary picks Edgardo del Rincón to lead the bank as it moves toward a planned initial public offering
Light reshuffles C-suite amid restructuring
Rio power holding appoints a new CFO, while its generation and transmission subsidiary gets a new CEO
Bolivia loses top energy officials
President Paz names new hydrocarbons minister after predecessor quits along with the head of state oil company
Rio governor shakes up Cedae leadership
Acting governor replaces CEO and CFO of the state-owned water company after beginning an audit of public contracts
Carrefour hires new head for Atacadão
French supermarket chain has reportedly poached the CEO of Tenda Atacado to lead its Brazilian cash-and-carry division
ASA hires new execs for private banking expansion
Brazilian lender founded by Alberto Safra hires former Citi, JPMorgan exec for push into Latin America
Embraer fills CFO vacancy
Two other Brazilian firms, Heringer Fertilizantes and Hapvida, also refresh their C-suites
Paraguay appoints new finance minister
Deputy minister replaces Carlos Fernández, who resigned last week allegedly after a dispute over government debt
Arteris, Portobello get new CEOs
Spanish-controlled toll road operator and local ceramic tile company bring in new leadership
Ecopetrol CEO steps aside over probe
Colombian oil firm names interim CEO as Ricardo Roa takes unpaid leave over election probe by AG’s office
Banco Plata poaches Habi CFO
Mexican digital bank hires CFO away from Colombian real-estate platform
Embraer CFO departs for Azul
Antonio Carlos Garcia leaves the Brazilian aircraft manufacturer to join the budget airline, which recently emerged from Chapter 11
Argos separates US, LatAm cement ops
Colombian conglomerate to split its US and Latin American cement businesses into two companies, after overhauling top management
Paraguay finance minister quits
Presidential adviser replaces Carlos Fernández on an interim basis
Bolivia names new YPFB head
President puts Petrobras veteran Cronenbold in charge of the state-owned oil company
Tupy scouts for new CEO
Rafael Lucchesi quits Brazilian car parts maker after less than a year at its helm
Mahle Metal Leve appoints new Brazil CEO
Meanwhile, Spain’s Telefónica names a replacement for its departing CFO in Brazil
Brazil promotes treasury secretary to deputy finmin
The move follows the appointment of Dario Durigan to succeed Fernando Haddad as finance minister last week
Banco Paulista calls back CEO
Marcelo Torresi returns to the helm of the family-owned Brazilian middle market bank
Santander poaches CEO of Brazil bourse
Gilson Finkelsztain is leaving São Paulo’s B3 exchange to take up the same post at the Spanish bank’s Brazilian subsidiary
Walmart names CFO for Mexico, CentAm
Camilo Cañedo will transfer from Walmart US in August
Peru gets new finance minister
The country’s acting president appoints Rodolfo Acuña finance minister in a cabinet reshuffle just weeks before the general election
BancoEstado hires CEO
Chilean President Kast names Andrea Silva to run the state-owned lender alongside a new chairman and vice chairwoman
Metrogas names new CEO
Chile’s biggest gas distributor hires head of Gasco Magallanes
Haddad makes way for new Brazil finmin
His successor Dario Durigan is currently vice minister and previously worked at Meta and as a presidential aide to Dilma Rousseff
CORRECTION: GBM names new CEO
Fernando Ramos González de Castilla is now leading the Mexican brokerage
Pecom recruits new CFO after buying big oilfield
Argentine company hires former Petrobras official as it prepares to take over one of the country’s biggest conventional oilfields
Citibank appoints new Brazil CEO
André Cury earns a promotion at the Brazilian subsidiary of the US bank, and the CFO of Telefónica’s local arm departs
Orbia names new CFO
Mexican industrial firm promotes Cristian Capellino, who is presently VP of finance transformation
Peru’s president rethinks PM pick
The country’s new acting president chooses his predecessor’s finance minister rather than Hernando de Soto to become prime minister
Zamp hires new CFO
Mubadala-controlled Brazilian master franchiser recruits the former head of a business school
Celebrated economist to lead new Peru cabinet
Peru’s new interim president says that as prime minister, Hernando de Soto will help avoid any “economic shocks”
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