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FILE PHOTO: A man walks past an Itau Unibanco logo in Rio de Janeiro, Brazil September 6, 2017. REUTERS/Pilar Olivares
SAO PAULO (Reuters) - Brazil’s biggest lender Itau Unibanco Holding SA on Friday said it was creating a unit focused on electronics payments whose head would be part of a reconfigured executive committee aimed at making the bank a more agile under a new CEO.
Current technology and operations vice-president Andre Sapoznik will head a newly launched unit focused on payments, which will include credit cards, the acquiring business Rede, the retail digital payments unit and cash management, according to an internal document reviewed by Reuters.