Brazil’s Itau appoints Alvaro Pimentel to head Latam ops

SAO PAULO (Reuters) – Brazil’s biggest lender, Itau Unibanco Holding SA , has tapped Alvaro Pimentel to head its operations in Argentina, Paraguay and Uruguay, it said on Monday.

Pimentel, who was chief executive of Itau Colombia, will replace Cesar Blaquier, the bank said in a statement.

(Reporting by Aluisio Alves; Writing by Carolina Mandl; Editing by Richard Chang)