– CHILE, Santiago – Itaú Corpbanca (NYSE: ITCB | SSE: ITAUCORP) today announced the appointment of Matias Granata to its Board of Directors effective immediately, replacing Caio Ibrahim David who resigned from the Board.
About Itaú Corpbanca
Itaú Corpbanca is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is 39.22% owned by Itaú Unibanco, 27.49% owned by the Saieh Family, and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders’ agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity, and other matters.
The bank is the fifth-largest private bank in Chile and as per its mandate is the banking platform for future expansion in Latin America, specifically in Chile, Colombia, and Peru. Itaú Corpbanca is a commercial bank based in Chile with additional operations in Colombia and Panama. Also, Itaú Corpbanca has a branch in New York and a representative office in Lima. Focused on large and medium-sized companies and individuals, Itaú Corpbanca offers universal banking products. In 2012, the bank initiated a regionalization process and as of the date hereof has acquired two banks in Colombia ‒Banco Corpbanca Colombia and Helm Bank‒ becoming the first Chilean bank with banking subsidiaries abroad. The merger with Banco Itaú Chile and the business combination of our two banks in Colombia represents the continued success of our regionalization process.
For more information: https://www.itau.cl
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