NEW YORK--(BUSINESS WIRE)--Bank of America Merrill Lynch (BofA Merrill) today announced the appointment of Mark Rosen as head of Latin America Investment Banking, ex-Brazil.
Based in New York, Rosen will report to Andrea Orcel, executive chairman of global banking and markets, as well as Michael Rubinoff and Purna Saggurti, heads of global investment banking.
In his new role Rosen will be responsible for the investment banking franchise across all regions that make up Latin America outside of Brazil.
He will partner closely with Alexandre Bettamio, country executive and head of investment banking for Brazil, to ensure the Latin American franchise is delivering the bank’s full global investment banking platform.
He will also continue to hold his current position as head of Financial Institutions Group (FIG) investment banking coverage in Latin America, the role he has held since joining the bank in July last year.
“We are thrilled that Mark has agreed to take on his new role in addition to keeping his position as head of Latin America FIG coverage,” said Saggurti.
“Mark possesses extensive knowledge of the Latin American banking landscape and has been involved in some of the region’s most important deals,” added Rubinoff.
Prior to joining BofA Merrill, Rosen spent 12 years at Credit Suisse, where he was the head of Latin American and Caribbean financial institutions investment banking. Before that he was head of Latin American M&A at Barclays.
“With 24 years of M&A and capital raising experience, Mark is the ideal banker to work with Alex Bettamio as we continue to position ourselves as the leading provider of investment banking services in Latin America,” said Orcel.
Rosen’s transaction highlights include advising on the merger of BBVA with Bancomer to create the largest bank in Mexico; the acquisition by MetLife of Asseguradora Hidalgo, the largest life insurance company in Mexico; the sale of RBTT of Trinidad to Royal Bank of Canada; the sale of Visa Latin America to Visa; and the IPO of Banco Santander Brasil, to date the largest IPO in the region.
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