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BNDES head resigns; Bradesco units see organizational rejig

S&P Global Market Intelligence presents a weekly rundown of executive management, board and other personnel moves at Latin American financial institutions. News items are listed by announcement date in reverse chronological order.

March 28

* Banco Santander Chile said Orlando Poblete Iturrate and Oscar Von Chrismar Carvajal were appointed first and second vice presidents, respectively, while Félix de Vicente Mingo and Alfonso Gómez Morales were appointed independent directors, following the resignations of Roberto Méndez Torres and Roberto Zahler Mayanz.

* Banco Nacional de Desenvolvimento Econômico e Social President Paulo Rabello de Castro is leaving his post effective March 31 to run in Brazil's presidential elections in October, Reuters reported.

March 27

* Vinicius Almeida Albernaz will become the new CEO of Bradesco Seguros SA, replacing Octavio de Lazari Jr., who has transferred to Banco Bradesco SA to become its CEO.

* Banco Macro SA shareholders proposed to appoint Constanza Brito, Delfin Jorge Ezequiel Carballo, Mario Luis Vicens and Guillermo Eduardo Stanley as regular directors. They also proposed the appointment of Santiago Horacio Seeber as alternate director.

March 26

* BR Insurance Corretora de Seguros S.A. said Stephanie Helena Jerg Fazis has resigned as the Brazilian insurer's chief financial and control officer and investor relations director.

* Mapfre Compania de Seguros de Vida de Chile S.A. said Ricardo Blanco Martínez presented his resignation as director.

* Banco de Galicia y Buenos Aires SA said the Argentine central bank authorized Gastón Bourdieu to serve as a titular director.

March 24

* Switzerland-based UBS Group AG appointed five financial advisers who formerly worked at JPMorgan Chase & Co.'s private bank, Reuters reported. They are: Carlos Rodriguez Aspirichaga, JP Morgan's former head in Mexico; Miguel Barbosa, previously manager for the bank's Mexico region market; Ricardo Mendez, previously head of the Mexico City prospecting division; Alfonso Barros; and Juan Calderón.

March 23

* Federico Procaccini, the CEO of Google Inc.'s Argentine subsidiary, will leave the company to become the local head of Openbank, the digital banking arm of Spain-based Banco Santander SA, La Nación reported.

* Banco Central do Brasil head Ilan Goldfajn forwarded to Brazilian President Michel Temer a proposal appointing Carolina de Assis Barros to lead the bank's administrative division.

* Banco de Chile said Álvaro Jaramillo Escallon was appointed as a director.

* MetLife Chile Seguros de Vida SAsaid Carlos Bargiela resigned as director.

March 22

* East Caribbean Financial Holding Co. Ltd. has appointed Dr. Bernard La Corbinière to serve as managing director.

* The board of Bradesco Leasing SA Arrendamento Mercantil has approved the resignation of Domingos Figueiredo de Abreu as deputy CEO and Luiz Carlos Angelotti as managing director.

* Cielo SA approved the elections of Bernardo de Azevedo Silva Rothe and Francisco José Pereira Terra to the board of directors.

March 21

* Chile-based Ohio National Seguros de Vida S.A. said Ramón Galanes has resigned as the company's product manager.

* Mitsubishi UFJ Financial Group Inc. said it hired Sandy Salgado as the head of the Japanese company's Latin America corporate banking division.

* Scotiabank Perú SAA said its board appointed Gianfranco Maximo Dante Castagnola Zúñiga chairman and re-elected Miguel Uccelli Labarthe vice chairman.

* Banco do Estado do Rio Grande do Sul SA said that Adriano Cives Seabra was nominated as a candidate to the board of directors.

* Banco de Servicios Financieros SA shareholders approved the appointments of Jorge Guillermo Cayetano Alava, Eduardo Antonio Devesa, and Eduardo Luis Dezuliani as class A directors, and Ramón Martinez Ribeiro Neto and Tullio Lanari as class B directors.