Source of Wealth:Banking
Marital Status:Married to Marisa Moreira Salles
Full Name:Pedro Moreira Salles
Occupation:Chairman of Itau Unibanco
Education:University of California at Los Angeles
Children:Joao and Antonio
About Pedro Moreira Salles
Pedro Moreira Salles is the current Chairman of Itau Unibanco and he has an estimated net worth of $5.3 billion as of March 2017, according to Bloomberg. He was also ranked 442nd in the list of World Billionaires during that year.
Mr. Salles has built his estimated net worth of $2.7 billion when he joined Unibanco, the largest private banking institution in Brazil with some $450 billion in assets, in 1989. The bank was headed for several decades by his father Walter Moreira Sales. He serves as the Vice President for six years and became the Chairman of the Board of Directors in 1997. He was named CEO in April 2004. He was largely responsible in the 2008 merger of the bank with Banco Itau.
Pedro Moreira Salles is the Vice Chairman of the Board of Porto Seguro S.A., director of TOTVS and member of the Advisory Board of Capital International. He is a member of the Supervisory Board of INSPER, one of the leading colleges for Business and Economics in Brazil. He serves as the Vice Chairman of Fundacao OSESP, the managing entity of Sao Paulo Symphony Orchestra. He is reportedly a member of the Group of Fifty, a non-profit initiative made up of Latin American executives and sponsored by the Carnegie Endowment for International Peace and the Inter-American Dialogue in Washington, D.C.
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