Natixis appoints Benito Berber as Chief Economist for Latin America

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Sep 11, 2018, 11:50 ET

NEW YORK, Sept. 11, 2018 /PRNewswire/ -- Natixis announced today that it has appointed Benito Berber as Chief Economist for Latin America. Based in New York, he will report to Joseph LaVorgna, Chief Economist, Americas, and will be responsible for providing relevant analysis and forecasts on countries of Central and Latin America. Benito's appointment underscores Natixis' commitment to the Latin American region and the sectorial expertise it offers to global clients looking to expand into Latin America.

"We are thrilled to be adding another top-industry talent to Natixis. Benito's outstanding track record speaks for itself, and his joining Natixis furthers our commitment to the Latin American region," said Jean-Philippe Adam, Head of Latin American Platform.

Benito has 18 years of financial services experience and joins Natixis from Nomura Securities, where he was Senior Economist, Latin America. Earlier in his career, he worked as an economist at RBS, HSBC Securities, Moody's Investor Service and IDEAglobal.

Joseph LaVorgna, Chief Economist, CIB Americas, said: "We are excited to have Benito join our team at Natixis. He is a known economic expert on Latin America and I am confident that his experience in the region will help further service our clients and extend our footprint in Central and Latin America. We look forward to his future contributions."

Benito holds a B.S. in Economics from Instituto Tecnológico Autónomo de México and a M.A. in Economics from Duke University.

About Natixis
Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d'Epargne.

With more than 21,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.

A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE's banking networks.

Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3⁽¹⁾ of €11.9 billion, a Basel 3 CET1 Ratio ⁽¹⁾ of 10.8 % and quality long-term ratings (Standard & Poor's: A / Moody's: A1 / Fitch Ratings: A).

⁽¹⁾Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in.
Figures as at June 30, 2018

Press contact:
Meredith Zaritheny, Prosek Partners
646.503.6278, [email protected]

www.natixis.com

SOURCE Natixis