Hugo Verdegaal - Itau CorpBanca Independent Director

ITCBDelisted Stock  USD 3.42  0.03  0.87%   

Director

Mr. Hugo P. Verdegaal serves as Independent Director of Itau Corporationrationanca since March 7 2013. He also serves as Member of the Directors Committee of the Company as well as Member of the Audit Committee. He has more than 30 years experience as a business manager and senior client banker in the Latin America markets. He has served as Citigroups and Citicorps Latin America managing director in the investment banking and corporate finance divisions in New York as well as vice president of Citibank in Sao Paulo Brazil. He holds a Master of Arts and Bachelor of Arts degrees in Economics from Erasmus Universiteit Rotterdam as well as a Masters of Business Administration degree from the University of Michigan. since 2013.
Tenure 11 years
Phone56 22 660 1751
Webhttps://banco.itau.cl

Itau CorpBanca Management Efficiency

The company has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1284 %, meaning that it created $0.1284 on every $100 dollars invested by stockholders. Itau CorpBanca's management efficiency ratios could be used to measure how well Itau CorpBanca manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 11.72 T in liabilities. Debt can assist Itau CorpBanca until it has trouble settling it off, either with new capital or with free cash flow. So, Itau CorpBanca's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Itau CorpBanca ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Itau to invest in growth at high rates of return. When we think about Itau CorpBanca's use of debt, we should always consider it together with cash and equity.

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Ita Corpbanca provides wholesale and retail banking services to small and medium-sized enterprises, individuals, and institutional clients in Chile and Colombia. Ita Corpbanca was incorporated in 1871 and is headquartered in Santiago, Chile. Itau Corpbanca operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 7817 people. Itau CorpBanca ADR (ITCB) is traded on New York Stock Exchange in USA and employs 85 people.

Management Performance

Itau CorpBanca ADR Leadership Team

Elected by the shareholders, the Itau CorpBanca's board of directors comprises two types of representatives: Itau CorpBanca inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Itau. The board's role is to monitor Itau CorpBanca's management team and ensure that shareholders' interests are well served. Itau CorpBanca's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Itau CorpBanca's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jose Valencia, Division Manager of Control
Pablo Hanckes, General Manager of Planning and Development
Jorge Zaror, Second Vice Chairman of the Board
Andres Cepeda, Director
Milton Filho, Director
Eugenio Miqueles, Financial and Basilea Risk Division Manager
Caio David, Director
Rodrigo Pardo, Manager of Treasury Division
Jose Figari, Division Manager of Business Risk
Alberto Bonet, Director of Business Products
Francisco Asfura, Director
Rodrigo Couto, Chief Financial Officer
Mauricio Letelier, Corporate Director of Risk Management
Maria Lampidis, Director of Cash Management
Fernando Ureta, Independent Director
Jorge Guzman, Chairman of the Board of Directors
Kenneth Garcia, General Manager of Financial Operations
Luis Rodrigues, Corporate Manager of Operations & Technology
Bernard Pasquier, Independent Director
Baruc Saez, Chief Executive Officer - Itau Corpbanca Colombia
Felipe Cuadra, Chief Compliance Officer
Cristian Bahamondes, Division Manager System and Technology
Rodrigo Brncic, Division Manager of Large Companies and Corporations
Jorge Palazuelos, General Manager of Banking People
Alvaro Pimentel, Chief Executive Officer - Itau Corpbanca Colombia
Joaquin Walbaum, General Manager - New York Branch
Guillermo Berazadi, International Banker Manager
Jose Santander, Independent Director
Lorena Contzen, CEO of CorpBanca Administradora General de Fondos SA
Gerardo Leighton, Manager of Banco Condell
Victor Orellana, Corporate Manager of Retail Banking
Pablo Black, CEO of CorpBanca Corredores de Bolsa SA
Jorge Adams, Senior Wealth Division Manager
Eduardo Neves, Corporate Director - Information Technology
Eduardo Vassimon, Director
Ana Barros, Director
Cristian Palacios, Director of Legal Services and Control
Roxana Pozo, Acting Chief Financial Officer, Chief Accounting Officer
Emerson Vergara, Chief Audit Executive
Marcelo Lobos, Manager of Corporate Affairs
Richard Inglis, Director of Products, Marketing and Quality
Candido Bracher, Director
Christian Dominguez, Corporate Director of Commercial Banking
Ricardo Borge, Division Manager of Real Estate
Gerardo Herman, Manager of Financial Products Division
Luciana Marchione, Corporate Director - Marketing and Products
Cristobal Soto, Chief Compliance Officer
Walter Moreno, Director of People and Payment
Ricardo Marino, Vice Chairman of the Board
Patricia Bustos, Division Manager of Synergies and Client Services
Fernando Dagach, First Vice Chairman of the Board
Julio Silva, Director
Armando Joiro, Director of Strategic Projects
Cristian Canas, Corporate Director of Legal and Compliance Affairs
Pedro Yrarrazaval, Division Manager of Finance and International
Jose Figueroa, Director of Wholesale Banking
Jorge Neto, Corporate Director - Digital Business Development
Matias Granata, Director
Cesar Diaz, CEO of CorpBancaCorredores de Seguros SA
Camilo Riquelme, Director
Claudia Montevecchi, Head of Investor Relations
Gustavo Tagle, CEO of Corplegal S.A.
Boris Wiegand, Director
Joao Duchene, Director
Marcela Pardo, Corporate Director — People Management and Performance
Pablo Merino, Division Manager of Legal Services
Alberto Lungenstrass, Corporate Manager of Human Resources
Victor Maureira, Chief Administrative Officer
Boris Guerovich, Director
Oscar Urrutia, Director of Human Resources
Hugo Verdegaal, Independent Director
Jorge Fortes, Division Manager of Personal Banking Risk
Americo Morales, Division Manager of Operations and Technology
Gustavo Morales, Independent Director
Javier Valenzuela, CEO of SMU Corp SA
Hernan Jaramillo, General Manager of SME Banking
Gabriel Moura, Chief Executive Officer, Director
Carlos Ugarte, Branch Manager of Operations
Eduardo Vasssimon, Director
Patricio Anguita, General Manager of Banking Companies
Julian Moreno, Corporate Director of Retail Banking
Jorge Novis, Corporate Director of Operations
Roberto Undurraga, CEO of CorpBanca Asesorias Financieras SA
Pedro Escandar, Independent Director
Rogerio Braga, Marketing, Products, Digital Corporate Manager of Channels and Franchises

Itau Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Itau CorpBanca a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Itau CorpBanca in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Itau CorpBanca's short interest history, or implied volatility extrapolated from Itau CorpBanca options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Itau CorpBanca ADR information on this page should be used as a complementary analysis to other Itau CorpBanca's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in Itau Stock

If you are still planning to invest in Itau CorpBanca ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Itau CorpBanca's history and understand the potential risks before investing.
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