Ricardo Villela Marino

Early Life

Ricardo Villela Marino was born in São Paulo, Brazil, in 1974. He is the son of Milú Villela and Raul Marino Junior, and the great-grandson of Alfredo Egydio de Souza Aranha, the founder of Grupo Itaúsa. Marino grew up hearing stories from his grandfather, Eudoro Villela, about the importance of ethical conduct and treating others with respect. He attended Escola Politécnica da USP, where he studied mechanical engineering.

Rise to Success

Marino's career began outside of Itaú at the Brazilian branch of Crédit Commercial de France (CCF). He then joined Banco Garantia before having the opportunity to work at Goldman Sachs Asset Management in New York and London, where he was a portfolio manager for Emerging Markets. In 2002, he began his career at Itaú, where he created the Business Intelligence division of Itaucard. Throughout the 2000s, he held various positions within Itaú Unibanco, including Director of the Derivatives Central, General Director, and Senior Managing Director. From 2010, he became the vice president responsible for Itaú Latam, playing a key role in the bank's expansion in Latin America.

Key Business Strategies

Marino's career has been marked by a global perspective. He was responsible for the purchase of BankBoston and its subsidiaries in Chile and Uruguay in 2007, in addition to expanding Itaú's operations in Latin America. Marino has also focused on innovation, technology, and strategic growth. He is known for his work in fostering the growth of the tech and innovation sector. As Chairman of the bank's Latin America Strategic Council, Marino focuses on exploring growth opportunities across the region and deploying technology to improve client access and services.

Philanthropy

Marino serves as the President of Instituto PDR, a non-profit organization that invests in and prepares new entrepreneurs with a focus on social transformation.