Álvaro Saieh

Álvaro Saieh Bendeck is a wealthy Chilean businessman. Since June 18, 1996, he has been Chairman of the Board of Directors for one of Chile's largest private banking institutions, Corpbanca S.A. He is also the acting Chief Executive Officer for the media conglomerate Copesa and Corp Group Holding S.A.

Saieh has been involved in a number of different financial activities in the development of the Chilean financial and real estate sector. He delivered an outstanding performance while in charge of the former Banco Osorno, prior to it being sold to Banco Santander. In another area of the Chilean financial industry, Saieh managed the pension fund ("Associaciòn de Fondos de Pensiones") AFP Provida for six years before selling his 40% equity stake to BBVA Group in 1999. ['Early Retirement'. "Latin Trade", July 1999.]

In addition, Saieh is a director of the Santiago Stock Exchange and adviser to Sociedad de Fomento Fabril. He is a commercial engineer and graduate from Universidad de Chile. In April 2006, Álvaro Saieh was bestowed the title of Professor Emeritus at the University of Chile before an audience of academics, business leaders, diplomats and congress members. The Faculty Council unanimously voted to honor Saieh in appreciation of his 35 years of commitment to the University. ["Endeavor Global Newsletter", July 1, 2006.] He obtained a Ph.D. in Economics from the University of Chicago.

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