Renato Grandmont

Managing Director and Chief Investment Officer for Latin America, UBS Wealth Management

Renato Grandmont is managing director and chief investment officer for Latin America for UBS Wealth Management. In this capacity, he is responsible for providing intellectual capital to UBS clients in Latin America. Prior to joining UBS, Grandmont spent 10 years at Citigroup as chief investment officer for Citi Private Bank Latin America and since 2009 for Citi Wealth Management Latin America. In this capacity, he was responsible for providing intellectual capital to the following groups in the region: the Private Bank, Affluent High Net Worth Services (AHS), the Banamex Advisory Board, Banamex Banca Patrimonial, Banamex Banca Privada, Citi Brazil Asset Management, and Citigold International. Grandmont joined Citi as chief Investment officer for Citi Private Bank Latin America in 2006. He also served as head of Citi Private Bank’s New York Investment Center from 2008 to 2011, covering the regions of Latin America, Asia, Europe, Middle East and Africa. During that same period he was also responsible for the regional Investment Counselling Team and the Investment Analytics Laboratory. Grandmont was interim global chief investment officer for the Citi Private Bank during 2009-2010. In this period, Citi sold Smith Barney and he helped create the Global Investment Committee, client research publications and oversee the separation of products and legal vehicles. Grandmont was a voting member of Citi Private Bank’s Global Investment Committee since joining the firm in 2006. He chaired Citi’s Wealth Management Latin America Investment Policy Committee and the Brazil Investment Policy Committee. Previous to joining Citi, he was managing director and portfolio manager for Equities at GreenAm Advisors; a Greenwich based multi-strategy hedge fund part of Paloma Partners. Before moving to the buy-side, Grandmont founded and headed Deutsche Bank’s Global Corporate Governance Research group. He pioneered corporate governance research by combining governance and financial analysis to identify additional company risk sources and formulate investment recommendations. Prior to that, he was director of Latin America Investment Strategy for Deutsche Bank in New York. Before that Grandmont was Latin America strategist with Merrill Lynch in New York. He started his career in 1994 as economist with Wharton Econometrics Forecasting Associates - WEFA Group in Philadelphia. Grandmont was a member of the Private Sector Advisory Group and the Investor Responsibility Task Force, established by the World Bank/IFC/OECD Global Corporate Governance Forum. He has been a speaker at many domestic and international forums on issues ranging from corporate governance to financial markets to investment strategy and economics. Grandmont has been a guest speaker to the Yale University School of Management’s MBA class of Prof. Ira Millstein. He has been a presenter at major international policy conferences including the Commonwealth Central Bank Governors annual conference, the International Corporate Governance Network annual conference and the Latin America Business Council (CEAL). Grandmont has written articles for the United Nations Environment Program Finance Initiative (UNEP FI), Institutional Investor Magazine, The Financial Times, Valor and Latin CEO magazines, among others. He frequently comments on the financial markets in the press and on television, including The Financial Times, The Wall Street Journal, Bloomberg, Reuters, Dow Jones Newswires, on network news broadcasts at CNBC, CNN, and CNN en Español. Grandmont completed Harvard Business School’s Advanced Management Program, and has a Master’s of Science in Economics with specialization in International Financial Economics and Econometrics from the University of Montreal. He graduated from Concordia University in Montreal, Canada with a Bachelor’s degree in Commerce and a double major in International Business and Economics. He is fluent in French, Portuguese, Spanish, and English.