Scotiabank announced this Friday the appointment of Marcelo Gorrini as executive vice president and Country Head for Chile and Uruguay, thus succeeding Diego Masola, who left the bank's leadership in both countries after 25 years of career at Scotiabank.
In a statement, the financial institution specified that the Argentine-born executive will assume his duties on January 4, 2027.
Prior to his arrival, Marcelo Gorrini had served since 2023 as Chief Administrative Officer Latin America at Citibank. At that institution, he was CEO for Central America and the Caribbean, with responsibility over ten countries, in addition to serving as Country CEO in Panama and later in Costa Rica.
He also held executive positions in Argentina, Uruguay, Paraguay, Colombia, and the Dominican Republic, among other markets, as detailed by the bank in a statement.
Francisco Aristeguieta, Group Head, International & Global Transaction Banking at Scotiabank, noted that "Marcelo's appointment reflects Scotiabank's conviction to continue strengthening our leadership and capabilities in Chile and Uruguay. His extensive regional experience, deep knowledge of the industry, and his track record in different markets will be an important contribution to this new stage."
It is worth recalling that on October 13, Scotiabank announced Masola's departure, with him remaining in the position until October 31 and then supporting the leadership transition as a strategic advisor. Since November 1…
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Scotiabank announced this Friday the appointment of Marcelo Gorrini as Executive Vice President and Country Head for Chile and Uruguay, thus succeeding Diego Masola, who left the leadership of the bank in both countries after 25 years of career at Scotiabank. In a statement, the financial institution specified that the Argentine-born executive will assume his duties on January 4, 2027. Prior to his arrival, Marcelo Gorrini had served since 2023 as Chief Administrative Officer Latin America at Citibank. At that institution, he was CEO for Central America and the Caribbean, with responsibility over ten countries, in addition to serving as Country CEO in Panama and later in Costa Rica. Marcelo Gorrini, Executive Vice President and Country Head for Chile and Uruguay He also held executive positions in Argentina, Uruguay, Paraguay, Colombia and the Dominican Republic, among other markets, according to the bank in a statement. Francisco Aristeguieta, Group Head, International & Global Transaction Banking at Scotiabank, noted that "Marcelo's appointment reflects Scotiabank's conviction to continue strengthening our leadership and capabilities in Chile and Uruguay. His extensive regional experience, deep industry knowledge and track record in different markets will be an important contribution to this new stage." It should be recalled that on October 13, Scotiabank announced Masola's departure, who would remain in the position until October 31 and then support the leadership transition as a strategic advisor. As of November 1, Luis Álvarez, SVP & CFO of Scotiabank Chile, would take over as interim Country Head. On that occasion, the entity indicated that it was "in an advanced phase of the search process to select the next Executive Vice President and Country Head." Masola, who took over the leadership of Scotiabank Chile and Uruguay in 2021, had previously headed the bank's operations in Uruguay and Central America, where he led the integration of Citibank's retail banking operations in that region. Salvador Said Pablo Vásquez R. "We want to continue deepening our relationship with clients, actively contributing to the development of the market in Chile, as we have done for the past 35 years. We have full confidence in Marcelo's leadership to give continuity to this purpose and to drive the role we want to play in the country," said Salvador Said, chairman of the board of Scotiabank Chile. For his part, Gorrini said he takes on this challenge with great enthusiasm. "My priority will be to listen to our clients and employees, identify new growth opportunities and continue strengthening our value proposition," he stated in the statement. According to the statement, the new Country Head has experience in international banking, corporate governance, risk management and regulatory matters, and participated in sovereign, infrastructure and capital markets transactions. He is a public accountant from the Universidad Católica Argentina and has executive education studies from IAE Business School and strategic marketing studies from Kellogg School of Management at Northwestern University. NEWSLETTERPulso PMMonday to Friday, 12:30 PMThe most relevant news on markets, companies and business: timely information, context and content to make better decisions. By subscribing you are accepting the Terms and Conditions and Privacy Policies of La Tercera.