LatinFinance - July 2013 - 4

People

Natixis Hires Adam
Jean-Philippe Adam was hired to head Natixis’s LatAm
platform, a new role at the French bank. Based in New York,
he oversees the wholesale banking activities in the region,
including a bank in Brazil and representative offices in
Argentina, Mexico, and Peru. He joined from Crédit Agricole,
where he was managing director and head of loan syndications
for Latin America.
Carl Adams joined Sumitomo Mitsui (SMBC), to head
its LatAm operation. He started in May, after leaving Espírito
Santo, where he had been head of structured finance, project
finance and origination for the Americas since 2008. Damian
Polla filled Adams’ role at Espírito Santo.
Sylvia Coutinho was due to take over as CEO of UBS
Group Brazil in late June. She replaced Lywal Salles, who
retired. Coutinho joined from HSBC, where she was head
of retail banking and
wealth management for
Latin America and asset
management for the
Americas.
Carlos Ruiz de
Gamboa joined
CorpBanca’s investment
banking arm to lead and
expand the ECM and
M&A operations. Ruiz de
Gamboa left JPMorgan in
March, after 25 years with
the bank in Santiago and
New York.
UBS’s chief LatAm
economist Javier Kulesz
joined Nomura as a
managing director and
senior desk analyst. He
will be based in New York
and focus on Argentina
and Venezuela, two of
the countries previously
covered by head strategist Boris Segura, who left Nomura in
January.
Credit Suisse hired Edgar Madinaveitia for its LatAm DCM
operation, where he joins Michael Cummings on the team,
which is being rebuilt after the departure of Michael Schoen to
Scotia. Madinaveitia was due to join in late July, after leaving
Bank of America Merrill Lynch, where he was a director for
LatAm debt capital markets.
BTG Pactual hired Enrique Pani to head its investment
banking operation in Mexico. Pani joined from Bank of America
Merrill Lynch, where he had been since 2011. He was previously
at Deutsche Bank.
Jan Dehn took over as head of research at Ashmore
Investment Management, where he was previously co-head.
The move followed the retirement of EM veteran and former

4 LatinFinance

July 2013

head of research Jerome Booth, who remains a shareholder
in the firm but will now pursue other projects through New
Sparta, a private London-based office. Dehn has been at
Ashmore since 2005, and was previously at Credit Suisse and
the World Bank.
Arturo Labbé, previously director of administration and
operations, was chosen as CEO of Chilean healthcare provider
Cruz Blanca, following the resignation of Raúl Valenzuela,
who leaves for personal reasons on July 31.

New head at Oi

Zeinal Bava was named CEO of Brazil’s Oi, replacing Jose
Carneiro da Cunha, who returns to Oi’s board. Bava joined from
Portugal Telecom (PT), where he headed the group responsible
for PT’s investments in Portugal, Africa, Asia and Brazil. Oi is
23% controlled by PT. 
Mexican chemical
specialist Mexichem
named Rodrigo Guzmán
as CFO, replacing Miguel
Ruiz Tapia. Guzmán
recently resigned as
CFO of Mexico’s Grupo
Aeroportuario del
Pacífico (GAP), where
he was replaced by Raúl
Revuelta, commercial
director at GAP.
Ronaldo Batista
Assunção was named
interim CEO of Petrobras
Argentina. Moving from
within the company, he
replaced Carlos Alberto da
Costa, who left to take on
other responsibilities with
Petrobras in Brazil.
Marcelo Gálvez
became CEO of Chilean
retailer SMU, after Javier Luck left to pursue personal projects.
He was the company’s vice president of strategy and human
resources.
Via Varejo, the electronics retail unit of Grupo Pão de
Açúcar, named Vitor Fagá de Almeida as CEO. He replaced
Antonio Ramatis Rodrigues, who was appointed in November
2012 and resigned in May. President Rafael Correa named
Fausto Herrera as Ecuador’s minister of finance, promoting
him from deputy minister to replace Patricio Rivera, who
became economic policy minister.
Nelson Barbosa was due to step down as Brazil’s deputy
finance minister in June. Dyogo Oliveira, the ministry’s deputy
executive-secretary, was picked to replace him on an interim
basis. Barbosa had been with the ministry since 2006, and was
previously at the planning ministry since 2003. LF
LatinFinance - July 2013

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