Bank of America Merrill Lynch has hired Luiz Carlos Couto as sales manager for Latin America, and Marcelo Pereira de Carvalho as senior sales officer for Brazil within the global financial institutions treasury business.
Mr Couto will be based in Miami and report to Kathleen Gowin, global sales executive for treasury management and trade – financial services. Before joining Bank of America Merrill Lynch, Mr Couto was at Standard Chartered Bank, where he was the transaction banking head for Mexico, Central America and the Caribbean.
Mr Carvalho will be based in Sao Paolo and report to Mr Couto. Mr Carvalho was at Citibank’s North America Commercial Bank for 20 years, most recently as senior vice president and product director responsible for covering Sao Paolo, London and New York.
Ms Gowin said: “Mr Couto brings a wealth of experience in the dynamic Latin America region, which will prove invaluable to our continued growth in those countries. His leadership and track record of opening markets and increasing revenues in Latin America will be tremendous assets to Bank of America Merrill Lynch.”
Mr Couto said: “Mr Carvalho brings incredible experience to this role. His record of improving efficiency in product programs and implementing strategy plans will drive growth for Bank of America Merrill Lynch in Brazil, one of the world’s most vital emerging markets.”
