Pedro Moreira Salles

Pedro Moreira Salles (born October 20, 1959) is a Brazilian billionaire businessman, banker, and the chairman of Itaú Unibanco, founded by his father Walter Moreira Salles, and the largest non-government banking institution in Brazil.[2]

Pedro Moreira Salles
Salles in 2009
Born (1959-10-20) 20 October 1959
NationalityBrazilian
EducationUniversity of California, Los Angeles
OccupationBusinessman & Banker
Known forowning majority stake in CBMM
Net worthUS$5.63 Billion (Dec 2020)[1]
TitleChairman, Itaú Unibanco
Spouse(s)Married
Children2
Parent(s)Walter Moreira Salles

Career

Salles has been unofficially involved with Unibanco since birth, since the bank was headed for several decades by his father, the late Walter Moreira Salles. Pedro joined Unibanco in 1989 and became chairman in 1997, after serving as vice chairman for almost six years. In April 2004, Salles was elected CEO. As of 2016, he is chairman of Itaú Unibanco Holding.[3]

Salles is a member of the Group of Fifty (G-50) - a non-profit initiative, composed of a Latin American executives and sponsored by the Carnegie Endowment for International Peace and the Inter-American Dialogue, in Washington D.C. He is a member of the advisory board of IBMEC, and vice-chairman of PlaNet Finance Brasil, a microcredit Nongovernmental organization (NGO).

Education

He holds a bachelor's degree in economics and history from the University of California, Los Angeles. He subsequently attended the graduate program in International Relations at Yale University and the Owner/President Management Program at Harvard University. Salles is married to Marisa Moreira Salles and has two children.[4] He is a younger brother of film director Walter Salles, of Oscar-nominated Central Station fame.[3]

Personal life

Pedro Moreira Salles suffers from muscular dystrophy and is wheelchair-bound. He says he copes with the disease with "a lot of psychotherapy," yet he lives a busy professional and social life.[3] He and his wife support stem-cell research.[4]

References
  1. "Bloomberg Billionaire Profile: Pedro Moreira Salles". Bloomberg. Retrieved 28 December 2020.
  2. "Forbes profile: Pedro Moreira Salles". Forbes. Retrieved 28 January 2019.
  3. Falcão Filho, Aluízio (2015-06-05). "O estilo pessoal de um banqueiro diferente" [The personal style of a different banker]. Forbes Brasil (in Portuguese). MSN. Retrieved 2016-05-29.
  4. Segatto, Christiane (2009-02-20). "Sou católica e apoio as pesquisas" [I am a Catholic and I support [stem cell] research]. Quem Acontece (in Portuguese). Retrieved 2016-05-29.


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