Rio’s risk vanguard

One of the first firms to implement a comprehensive risk system in Brazil was Banco Brascan. Navroz Patel talks to its head of market risk, José Alberto Rebello Baranowski, about staying at the front of the pack


Banco Brascan has a culture of risk management. Back in 1996, the Brazilian bank was one of the first local firms to start implementing a market risk system. Its head of market risk, José Alberto Rebello Baranowski, was among the first in Brazil to gain internationally-recognised risk management accreditation. Earlier this year, one of Baranowski’s colleagues in the risk team, Renato da Silva Carvalho, followed suit – gaining certification from Garp and the Professional Risk Managers’

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