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Grupo Security executive to become banking unit's CEO

Chile's Banco Security SA appointed Eduardo Olivares Veloso CEO, effective March 6, 2020, according to a press release.

Bonifacio Bilbao Hormaeche is resigning as the bank's CEO after 31 years with Grupo Security SA, La Tercera reported.

Olivares Veloso is currently corporate manager of digital business at Grupo Security.