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Daniel Adrián Abut

WHO

Daniel Adrián Abut

AREA

Finance

Daniel A. Abut currently divides his time between consulting, teaching and philanthropic endeavors. He is the founder and CEO of DATABANC LLC, an advisory and consulting business that he started in 2017, whose clients are bank managements and investors specialized in the banking industry. He also serves as Independent Board Member for Mexico’s Banregio, as well as Independent Member of the Investments Committee for Peru’s Credicorp. Until he retired from Wall Street in 2016, Professor Abut was an accomplished senior sell-side equity research analyst, who, between 1997 and 2015, consistently ranked in the top positions in some of the most prestigious investor polls (such as Institutional Investor, Greenwich and Reuters) for his coverage of banks and financials in Latin America. His distinguished 25-year Wall Street career was developed at three of the most respected firms in the investment banking business worldwide: JPMorgan (1991 to 1996), Goldman Sachs (1996 to 2006) and Citigroup (2006 to 2016). Professor Abut joined JPMorgan in 1991, as an Associate in the Latin America Corporate Finance Division, and worked on a number of projects in mergers and acquisitions (including the privatization of the second-largest Mexican bank at the time), debt financing (including the largest Eurobond ever placed for a Latin American issuer at the time) and equity offerings (including IPOs for some of the largest Peruvian and Colombian banks at the time). He was promoted to Vice President in 1995, and moved to the Latin America Equity Research Division, to cover some of the most important banks in the region. He joined Goldman Sachs in 1996, as a Vice President in the Latin America Equity Research Division, responsible for the coverage of 15 banks and financials in Latin America. He was promoted to Managing Director and Co-Head of Latin America Equity Research in 2000, and to Global Bank Strategist in 2003. He joined Citigroup in 2006, as Managing Director and Senior Latin American Financials Analyst, where he led a team that covered 30 banks and financials in Brazil, Mexico, Chile, Colombia, Peru and Argentina. Prior to launching his Wall Street career, Professor Abut worked as a Financial Advisor for a brokerage boutique that his family owned in Rosario, Argentina.

Corporate Experience

• Founder and CEO, DATABANC LLC, Summit, New Jersey, USA, 2017-Present.

• Independent Board Member, Banregio, Monterrey, Mexico, 2018-Present.

• Independent Member of the Investments Committee, Credicorp, Lima, Peru, 2018-Present.

• Managing Director and Senior Latin American Financials Analyst, Latin America Equity Research Division, Citigroup, New York, New York, USA, 2006-2016.

• Managing Director and Global Bank Strategist, Global Investment Research Division, Goldman Sachs, New York, New York, USA, 2003-2006.

• Managing Director, Co-Head of Latin America Equity Research and Senior Latin American Financials Analyst, Latin America Equity Research Division, Goldman Sachs, New York, New York, USA, 2000-2003.

• Vice President and Senior Latin American Financials Analyst, Latin America Equity Research Division, Goldman Sachs, New York, New York, USA 1996-2000.

• Vice President and Senior Latin American Financials Analyst, Latin America Equity Research Division, JPMorgan, New York, New York, USA 1995-1996.

• Associate, Latin America Corporate Finance Division, JPMorgan, New York, New York, USA, 1991-1995.

• Financial Advisor, Abut Sociedad de Bolsa (brokerage boutique), Rosario, Santa Fe, Argentina, 1986-1989.

Academic Experience

• Adjunct Professor of Finance, Banking Industry: Analysis and Investment, IMBA, IE Business School, Madrid, Spain, 2018-Present.

• Adjunct and Visiting Professor of Finance, Banking Industry: Analysis and Investment, Masters in Finance, Universidad Austral, Rosario, Santa Fe, Argentina, 2018-Present.

• Teaching Assistant to Professor John Cox, Managerial Finance, MIT Sloan School of Management, Cambridge, Massachusetts, USA, 1991.

• Teaching Assistant to Professor Uri Ronen, Accounting, MIT Sloan School of Management, Cambridge, Massachusetts, USA, 1990.

• Teaching Assistant to Professor Josė María Iglesias, Finance Theory, Facultad de Ciencias Económicas, Universidad Nacional de Rosario, Rosario, Santa Fe, Argentina, 1986-1989.

Academic Background

• Master of Science in Management (with concentration in International Finance), MIT Sloan School of Management, Cambridge, Massachusetts, USA, 1989-1991. Obtained the “Miriam Sherburne” Merit Award, granted for outstanding academic achievement.

• BA in Accounting (Contador Público Nacional), Facultad de Ciencias Económicas, Universidad Nacional de Rosario, Rosario, Santa Fe, Argentina, 1981-1985. Graduated with honors, with the highest GPA in the class.