Banco Macro appoints new chairman

People Argentina Latin America

Co-founder Delfín Carballo leads the board at the Argentine lender after Jorge Brito dies in a helicopter crash

IDB names new executives  

People Regions Economy & Policy

CEO Mauricio Claver-Carone formally puts leadership team in place

GPA CEO leaves before Assaí spin-off

Corporate & Sovereign Strategy IPO Capital Markets

CFO will assume the top role and oversee the IPO of the Brazilian retail group's wholesale unit

Itaú loses two executives

People Brazil Latin America

Heads of wholesale and retail banking divisions leave the Brazilian lender after the appointment of a new CEO

Itaú names new CEO

People Brazil

Milton Maluhy steps in for Candido Bracher, who leaves after four years in charge of the Brazilian bank

Paraguay holds discussions for new finance minister - source

Economy & Policy People Paraguay

Talks are underway on a short list to replace Benigno López, who is expected to take a position at the IDB

YPF Luz names new CFO

People Renewable Electricity

Argentine power company appoints veteran executive Luis Sas to run its finances

IDB breaks precedent, elects US citizen as new president  

Economy & Policy People Regions

Mauricio Claver-Carone elected to top spot, pledges to serve single 5-year term

IEnova names new CFO

People Energy Gas

Carlos Mauer replaces Nelly Molina, who becomes the head of investor relations at parent company Sempra

Vicentín CEO dies as company flounders

Debt Loans M&A

Argentine agribusiness was target for state takeover after running up $1.35 bln in debt

Omega names new head of development division

People Renewable Brazil

Brazilian renewable energy company hires Rogério Zampronha from Danish wind turbine manufacturer Vestas

Brazil's former treasury secretary to join BTG Pactual

People Brazil Latin America

Mansueto Almeida will become chief economist at the investment bank in January next year

Emerald Peak names new partners

People Funds Equity

US-based private equity firm hires former World Bank and IDB executives as it raises $150 mln LatAm fund

Banco do Brasil CEO asks to leave in August

People Economy & Policy Brazil

Rubem Novaes, a proponent to privatize the state-owned lender, plans to steps down next month

CORRECTED: IDB sets date for delayed annual meeting  

People Economy & Policy Coronavirus

DC- based development bank also says it will name a new president in Septmeber