Leadership

Executive leadership and organizational culture

14 analyses

Leadership6 min

Itaú and the Leadership of the Bank That Became a Technology Company: Milton Maluhy and the Model That Brazil Exports

Milton Maluhy Filho, CEO of Itaú Unibanco since February 2021, was elected chairman of the Board of Directors of Febraban in April 2026. Gabriel Amado de Moura took over as CFO in September 2024. Zup Innovation, Itaú's technology arm, operates with over 4,000 professionals and has become a benchmark for regional banks seeking to build their own technological capacity.

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Leadership6 min

HSBC and UBS: The Restructuring Wave Redefining Global Banking Leadership

HSBC has announced the closure of significant parts of its investment bank in Europe and the US under CEO Georges Elhedery. Ida Liu has been appointed CEO of HSBC Private Bank starting January 2026. At UBS, Sergio Ermotti continues to accelerate headcount reductions following the historic integration of Credit Suisse. The wave of global banking restructuring is redefining leadership profiles and operational geographies.

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