On December 19, 2023, at noon local time in Rio de Janeiro, Professor Chen Taotao, Director of Tsinghua University Latin America Center, had a luncheon meeting with the executive team of Banco BOCOM BBM. The participants included Chairman Sun Xu of the Board of Directors, CEO Pedro H Mariani, Executive President Alexandre Lowenkron, Deputy Executive President Cassio von Gal, and CFO Shen Fan from BOCOM BBM.

    The hosts and guests engaged in discussions regarding the operational status of BOCOM BBM in Brazil, management innovations, and initiatives on integrating into the local context. Mr. Sun emphasized the company's innovative approaches in talent recruitment, development, and business cost control. Prof. Chen shared her research findings on Chinese-funded enterprises with a long-term focus on investing in Latin America, engaging in communication and exchanges with Mr. Sun and other executives.

Picture: Scene of the luncheon meeting

Picture: Group photo after the meeting

     Bank of Communications (BOCOM) is one of the top five commercial banks in China, with a network of over 3,000 domestic branches and operations in more than 10 countries. China stands as one of Brazil's key trading partners and largest investors. The establishment of BOCOM BBM marks a new phase in the bilateral relationship.

     With the expanding cooperation between the two nations, BOCOM BBM holds immense potential in driving business and asset growth, generating value for all relevant stakeholders, fostering economic development, and deepening financial relationships between clients and the Asian market.