Clarien Appoints Ronaldo Veirano To Board

September 11, 2014

Ronaldo Veirano1Clarien Bank Limited has revealed the appointment of Ronaldo Veirano as an independent director to its Board of Directors.

Mr. Veirano will be responsible for advising on the bank’s growth and strategic expansion into Latin America.

A spokesperson said, “Mr. Veirano’s appointment constitutes an important Board addition for Clarien Bank as it develops towards its objective of becoming a preeminent, international financial institution offering an expanded range of products and solutions in corporate and investment banking, wealth and asset management to clients globally.

“Mr. Veirano is the founding partner of Veirano Advogados, one of Brazil’s leading law firms. A globally respected expert in government and regulatory law and international trade, Mr. Veirano has been at the forefront of efforts to advance the development of business between Brazil and countries around the world.

“His decades of commitment to this work wererecognized in 2008 when the Brazilian government invested Mr. Veirano in the Order of Rio Branco in the rank of Commander. That same year, the government nominated him to join the prestigious Fullbright Commission, which grants scholarships to Brazilian students to study, lecture or conduct research in the U.S.

“Currently, Mr. Veirano is a member of the Executive Committee of the Brazil-United States Business Council, and the Brazil-China Business Council, among other elite international organizations. Winner of the Chambers & Partners Latin American Lifetime Achievement Award in 2012, Mr. Veirano is Chairman Emeritus of World Services Group, a global network of leading law firms and professional services providers.

“He is a member of the Brazilian Bar Association, the Illinois USA State Bar, [inactive], and the Portuguese Bar Association. He earned a bachelor of laws from Universidade do Estado do Rio de Janeiro in 1963, and a doctor of laws from Boston’s Suffolk University Law School.

“Mr. Veirano joins three presiding board members, Buford Alexander, Michael Quinn and Gregory Slayton. They add to the long standing management team of local Board Directors, James Macdonald, James Gibbons, Hal Masters and Andrew Parsons. Keith Stock also remains Chairman of the Board representing Clarien Group Limited.”

Keith Stock, Chairman of Clarien Bank Limited, said, “With Edmund Gibbons Limited as one of Clarien’s shareholders, the reappointment of James Gibbons to co-CEO demonstrates the continued commitment to Bermuda by the Gibbons family and indeed to Clarien Bank.

“I look forward to James’s stewardship as co-CEO, as he and Ian drive progress and further strengthen the Bank’s relationship with our local, and global community.

“Mr. Veirano’s highly regarded legal and business expertise will be a huge asset to Clarien and its Board of Directors. Specifically, his specialist knowledge of the Latin American market and his long standing relationships with organizations present in the region will be essential in driving forward strategic growth in the Bank’s private wealth and institutional banking divisions.”

Mr. Veirano said, “Clarien Bank is clearly at a very exciting stage in its international growth. With years of experience working with institutional banking and private wealth professionals, I look forward to the opportunities that my position with the Bank’s Board of Directors will help develop, most notably in Latin America.

“Over the last two decades there has been a positive change in the LATAM market. The rapid rise of entrepreneurs and ultra-high net worth individuals has resulted in a greater demand for sophisticated wealth management, corporate banking and investment services.

“Brazil alone presents a particularly strong opportunity. Not only will it be the world’s fourth largest economy by 2030, but at present there are more than 200 high net worth individual’s worth over $500 million dollars residing there.”

“In 2008, Mr. Veirano was recognized by the government of Brazil and awarded the prestigious Order of Rio Branco, in acknowledgement of his significant contribution to the promotion of Brazil’s relations with the world.”

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