Pedro Moreira Salles is the current Chairman of Itaú Unibanco  the largest private banking institution in Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

 and is a Forbes billionaires listed person with a net worth of US$ 2.6 billion.

Career

Salles has been unofficially involved with Unibanco since birth, since the bank was headed for several decades by his father, the late Walter Moreira Salles

Walter Moreira Salles

Walter Moreira Salles was a highly successful Brazilian banker, politician and philanthropist who is considered by many as one of the premier founders of the modern Brazilian financial and banking industry....

. Pedro joined Unibanco in 1989 and became Chairman of the Board of Directors

Board of directors

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 in 1997, after serving as Vice Chairman for almost six years. In April 2004, Mr. Moreira Salles was elected CEO. He currently serves as Chairman of Unibanco Holdings' Board of Directors and as Chairman of the Board of Directors of the Unibanco AIG Seguros e Previdência.

Mr. Moreira Salles is also a member of the Group of Fifty

Group of Fifty

The Group of Fifty is a non-profit, non-partisan initiative based in Washington D.C., USA, that is primarily concerned with fostering more openness between business leaders and promoting economic development and social progress in the Western Hemisphere.-Overview and Activities:The Group of Fifty ...

 (G-50

Group of Fifty

The Group of Fifty is a non-profit, non-partisan initiative based in Washington D.C., USA, that is primarily concerned with fostering more openness between business leaders and promoting economic development and social progress in the Western Hemisphere.-Overview and Activities:The Group of Fifty ...

) - a non-profit initiative, composed of a Latin American executives and sponsored by the Carnegie Endowment for International Peace

Carnegie Endowment for International Peace

The Carnegie Endowment for International Peace is a foreign-policy think tank based in Washington, D.C. The organization describes itself as being dedicated to advancing cooperation between nations and promoting active international engagement by the United States...

 and the Inter-American Dialogue

Inter-American Dialogue

The Inter-American Dialogue is a U.S. based think tank for policy analysis, exchange, and communication on issues in Western Hemisphere affairs...

, in Washington D.C. Additionally, he is a member of the Advisory Board of IBMEC, and Vice-Chairman of PlaNet Finance Brasil, a microcredit

Microcredit

Microcredit is the extension of very small loans to those in poverty designed to spur entrepreneurship. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit...

 Nongovernmental organization (NGO).

Education and family

He holds a bachelors degree in economics and history from the University of California, Los Angeles

University of California, Los Angeles

The University of California, Los Angeles is a public research university located in the Westwood neighborhood of Los Angeles, California, USA. It was founded in 1919 as the "Southern Branch" of the University of California and is the second oldest of the ten campuses...

, where he graduated Magna Cum Laude. He subsequently attended the graduate program in International Relations at Yale University

Yale University

Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...

 and the Owner/President Management Program at Harvard University

Harvard University

Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

. He is married to Marisa Moreira Salles. The couple have two children, João and Antonio.