Alejandro Balestrini
Chief Financial Officer (CFO)
Venezuela
Professional Overview
Alejandro Balestrini is a seasoned finance executive with over 25 years of experience in the banking and financial services industry. As the Chief Financial Officer (CFO) of Mercantil Banco, he is responsible for overseeing the organization's financial operations, driving strategic financial planning, and ensuring the bank's financial stability and growth. Additionally, Balestrini serves as a Board Member at Caja Venezolana de Valores and holds the position of Vice President of the Treasury Committee at the Asociacion Bancaria de Venezuela, further strengthening his industry leadership and influence.
Experience Summary
Current Role
As the Chief Financial Officer (CFO) of Mercantil Banco, Alejandro Balestrini is responsible for managing the bank's financial operations, including financial reporting, budgeting, and strategic financial planning. He works closely with the executive team to align the bank's financial strategies with its overall business objectives, ensuring the organization's long-term financial sustainability and profitability. Balestrini's expertise in treasury management, risk mitigation, and regulatory compliance has been instrumental in navigating the evolving financial landscape in Venezuela.
Career Progression
Prior to his current role, Alejandro Balestrini held various leadership positions within the financial industry. He served as the Venezuela Country Treasurer and Markets Head at Citi, where he oversaw the bank's treasury operations and market activities in the region. Balestrini also held the roles of Head Trader and Risk Treasury Head, as well as Senior Trader, at Citi, demonstrating his deep understanding of trading, risk management, and financial markets. Earlier in his career, he gained valuable experience as a Treasurer and Account Analyst at the Bolsa de Valores de Caracas, the Venezuelan stock exchange.
Academic Background
Alejandro Balestrini holds a Bachelor's degree in Business Administration from the Universidad Católica Andrés Bello in Venezuela, where he specialized in Finance. He has also completed various executive education programs and certifications to enhance his financial expertise and leadership capabilities.
Areas of Expertise
- Financial management and strategic planning
- Treasury operations and risk management
- Capital markets and trading
- Regulatory compliance and reporting
- Leadership and team management
Professional Impact
Throughout his career, Alejandro Balestrini has made significant contributions to the banking and financial services industry in Venezuela. As the CFO of Mercantil Banco, he has played a crucial role in optimizing the bank's financial performance, strengthening its liquidity position, and driving strategic initiatives that have contributed to the organization's growth and profitability. Balestrini's industry expertise and leadership have also been recognized through his board-level involvement at Caja Venezolana de Valores and his role as Vice President of the Treasury Committee at the Asociacion Bancaria de Venezuela.
Conclusion
Alejandro Balestrini's extensive experience and deep understanding of the financial industry have positioned him as a respected leader in the Venezuelan banking sector. As the Chief Financial Officer of Mercantil Banco, he continues to drive financial excellence, strategic decision-making, and sustainable growth, while actively contributing to the broader financial landscape through his industry engagements and leadership roles.
