Pedro Begotti, formerly corporate venture business developer at financial services firm Banco do Brasil, has joined peer Banco ABC Brasil as head of innovation and corporate venture.
The move follows Banco ABC Brasil’s official launch of the ABC Innovation Lab unit this month to boost open innovation and intrapreneurship, developing digital products and businesses for the parent.
The lab has been in operation for four months and is led jointly by vice-president of products, channels, innovation and marketing Marco Mastroeni and director of digital business Gustavo Machado.
Banco do Brasil hired Begotti in early 2010 and he held a series of analyst roles over the course of six years. He spent a year from October 2016 at the Brazilian Ministry of Industry, Foreign Trade and Services’ special secretariat for small and medium-sized enterprises, where he led digitisation efforts for traditional industries.
He then returned to Banco do Brasil in September 2017 to oversee open banking partnerships and new business, before ascending to corporate venture business developer in early 2018. He formulated the corporate venturing strategy for the firm, devising an equity investment fund focusing on early-stage developers of disruptive technologies.
– Photo of Pedro Begotti courtesy of LinkedIn
