Aldemir Bendine: As Big As They Come

The name Aldemir Bendine does not ring a bell to many people. It can’t be argue though that he has had a very successful banking career. Bendine is the CEO, Vice Chairman of the Board of Directors and Member of the Executive Board of Banco do Brasil. He has been a member of the Executive Board since December 2006 and CEO since April 2009.

He is running a bank as big as they come. Banco do Brasil happens to be the largest Brasilian and Latin American bank by assets and the third largest by market value. It is also one of the oldest financial institutions around having been founded in 1808.

Offering banking, insurance, retail banking and private equity, Banco do Brasil had revenues of $51 billion and profits of$5.9 billion in 2012. Its total asset stands at around $582.1 billion and has 118,900 employees.  While professionally run and traded in the São Paulo Stock Exchange the Brazilian government owns 73 percent of it.

Bendine earned his bachelor’s degree in business management from Faculdade de Ciencias Contabeis de Itapetininga (FCCI). He obtained his MBA degree at Pontifica Universidade Catolica do Rio de Janerio.

Having risen through the ranks Bendine now leads a bank that is as big as they come.