MercadoLibre Names New Head of Fintech Business in Brazil
- Andre Chaves previously VP of strategy, investor relations
- Mercado Pago to target more small businesses in Brazil
Andre Chaves
Photographer: Maira Erlich/Bloomberg
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MercadoLibre Inc., the Latin America e-commerce and payments juggernaut, named Andre Chaves as the new head of its fintech business in Brazil as it looks to further expand its offering of financial products in its largest market.
Chaves, 41, previously worked as a senior vice president of strategy, corporate development and investor relations at MercadoLibre, where he’s been since 2020. Before that, he spent more than a decade at Bain & Co. as a consultant and then a partner in their Sao Paulo office. Chaves replaces Tulio Oliveira who becomes chief financial officer for MercadoLibre Brazil. He will report into Osvaldo Gimenez, who is president of MercadoLibre’s fintech unit.