Itausa Investimentos Itau SA
Henry Penchas is a Mechanical Engineer, with a bachelor’s degree from Mackenzie Presbyterian University and a postgraduate degree in Finance from the Getúlio Vargas Foundation (Brazil). He is the Chairman of Itaúsa’s Board of Directors and a member of the Board of Directors of Nova Transportadora do Sudeste S.A. – NTS, in addition to taking part in a number of committees at Itaúsa and investees. He was the CEO of Duratex and a member of the Board of Directors of Itaú Unibanco, Duratex, and Elekeiroz, and Executive Vice President of Itaú Unibanco. In the last 20 years, Mr. Penchas has been involved in the most outstanding M&A operations carried out by the holding company and investees. At third sector organizations, Mr. Penchas is a member of the boards of directors of Fundação José Luiz Setubal, Instituto Itaú Cultural, and of the Fiscal Council of Instituto Alana.
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Itausa Investimentos Itau SA
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Itausa Investimentos Itau SA is a Brazil-based company primarily engaged in the banking sector. The Company's activities are divided into two business segments: Financial and Industrial. The Financial division focuses on managing Itau Unibanco Holding SA, a banking institution that offers financial products and services, such as loans, credit cards, current accounts, insurance policies, investing tools, securities brokerage, treasury and investment advice, to individual and corporate customers. The Industrial division is responsible for operating Itautec SA, which manufactures commercial and banking automation equipment, as well as provides information technology (IT) services; Duratex SA, which produces wood panels, bathroom porcelain and metal sanitary fittings, and Alpargatas, which produces footwear under Juntas, Havaianas e Dupe brands, among others.