SANTIAGO, CHILE--(Marketwired - Nov 23, 2015) - CORPBANCA (
The new Management Committee, comprised by a team of Corporate Managers, will report directly to Milton Maluhy Filho, Itaú CorpBanca's Chief Executive Officer. This new Management Committee will be responsible to lead this important project as from "Legal Day One" and will be comprised of:
- Wholesale Banking: José Francisco Sánchez
- Retail Banking: Víctor Orellana
- Treasury: Pedro Silva
- Marketing, Products, Digital Channels and Franchises: Rogério Braga
- Risk Management: José Valencia
- Human Resources: Alberto Lungenstrass
- Chief Financial Officer: Gabriel Moura
- Operations & Technology: Luis Rodrigues
- Legal & Compliance: Cristián Canales
José Manuel Mena will lead the Audit division, as Corporate Manager, who shall report to the Audit Committee which in turn, shall report to Itaú CorpBanca's board of directors.
Jaime Munita will be the head of Itaú CorpBanca Colombia, entity that will remain as a subsidiary of Itaú CorpBanca, and shall report to Itaú CorpBanca Colombia's board of directors.
"We are convinced that this management team will implement an energetic, transparent and consistently meritocratic leadership. The great challenge of this group of leaders will be to lead their teams towards accomplishing the ambitious goals we have set for the new bank, generating from now on, shared value for our clients, collaborators, shareholders and to our community."- Said in an internal joint statement Ricardo Villela Marino and Jorge Andrés Saieh, chairman of Banco Itaú Chile and CorpBanca, respectively.
As of September 30, 2015, according to the Chilean Superintendency of Banks, CorpBanca was the fourth largest private bank in Chile in terms of the overall size of its customer loan portfolio, equivalent to 7.2% market share.
As of August 31, 2015, according to the Colombian Superintendency of Finance, CorpBanca Colombia was the sixth largest bank in Colombia in terms of total assets and in terms of total loans and also the sixth largest bank in Colombia in terms of total deposits, as reported under local regulatory and accounting principles. At the same date, its market share by loans remained quite stable at 6.2%.
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