Alvaro Saieh Bendeck

Álvaro Saieh Bendeck is a Chilean academic, economist, and businessman. He is the chairman of CorpGroup, one of Chile’s largest conglomerates. As of 2018, Forbes listed him as the 729th wealthiest person in the world, and 4th in Chile. He is currently a trustee at the University of Chicago, his alma mater. 

  • Alvaro Saeih Bendeck is the largest shareholder of Itau CorpBanca, a Chilean financial firm born of the 2016 merger between Itau and CorpBanca.
  • He built CorpBanca after buying Chile’s Banco Concepcion in 1995.
  • Saieh Bendeck sold his stake in insurance companies CorpSeguros and CorpVida in 2016.
  • He also owns about 58% of SMU, a Chilean supermarket chain that went public in January 2017.
  • Born in Colombia, Saieh Bendeck is a Chilean citizen of Palestinian descent.

Alvaro Saieh Bendeck CorpGroup