People Moves

International Firm Deepens Its Footprint In Peru After Mexico Broker-Dealer Launch

Eliane Chavagnon Editor - Family Wealth Report 4 March 2014

International Firm Deepens Its Footprint In Peru After Mexico Broker-Dealer Launch

International firm BTG Pactual has appointed José Antonio Blanco – latterly head of Citibank’s Lima office - as general manager for Peru.

International firm BTG Pactual has appointed José Antonio Blanco – latterly head of Citibank’s Lima office - as general manager for Peru.

Blanco will lead BTG Pactual’s growth strategy in Peru, where the bank currently provides investment banking, asset management, wealth management and sales and trading services.

Blanco worked at Citibank del Peru for 20 years and was general manager for the past three years.

The move comes after the bank launched a broker-dealer business in Mexico last month, with the intention of offering asset and wealth management services in the country at a later stage. The firm already has a presence in Brazil, Chile and Colombia.

“Our internationalization strategy is aligned with the growth trajectory of Latin American economies and with the increasing flow of investments between the region's countries,” said André Esteves, chief executive of BTG Pactual.

The firm employs over 2,700 across 17 offices in Latin America, the US, UK and China.

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