Early Life
Alfredo Egydio Arruda Villela Filho, a member of a prominent banking family, was born in Brazil. His parents tragically died in a plane crash when he was 12 years old. He was raised by his aunt. He graduated with a degree in mechanical engineering from the Instituto Maua de Tecnologia and later earned an MBA from Fundacao Getulio Vargas.
Rise to Success
Alfredo's career trajectory is deeply intertwined with the financial sector. After his great-uncle Olavo Setubal died in 2008, he was chosen to lead the family business. That same year, the family's Banco Itau merged with Unibanco, forming Itaú Unibanco. He became the CEO and General Director, as well as the largest shareholder of Itausa, a holding company that controls Itaú Unibanco.
Key Business Strategies
Alfredo Egydio Arruda Villela Filho's business acumen is evident in his strategic leadership within Itaú Unibanco. He has served as Vice Chairman of the Board of Directors since March 2003 and is a member of various committees. His leadership has contributed to the bank's strong position in the Brazilian and Latin American markets. He is known for his commitment to sustainable performance, customer satisfaction, and digital innovation within Itaú Unibanco.
Philanthropy
Together with his sister Ana Lucia, Alfredo supports the Alana Institute, a non-profit organization they co-founded in Sao Paulo in 1994 to promote education and culture for children. The family has been involved in social causes that promote culture and education through the Moreira Salles Institute, the Itaú Cultural Institute, and the Unibanco Institute.
