Safra National Bank’s International Private Banking has added Álvaro Catao and Jaime Fernando De Bettio as Directors, the bank announced on its official LinkedIn profile. The office is located in Aventura, Florida.
“Mr. Catao and Mr. De Bettio bring extensive private banking experience and will focus on serving the Brazilian market,” the entity added. Both professionals had joined StoneX together in May 2023 and were also Vice Presidents of Wealth Management at UBS, always in Miami.
“I am delighted to announce that I have joined the International Private Banking team at Safra National Bank of NY in Aventura, Florida, as a Director,” Catao wrote on his LinkedIn account. “We are excited about the opportunity to work at a first-class institution, truly global and with strong roots in Brazil,” he added.
For his part, De Bettio also wrote on his LinkedIn profile: “We are eager to take on new challenges and contribute to our clients, colleagues, and friends!”
Álvaro Catao has more than 35 years of experience: he worked at Lehman Brothers (1987-1992), Ibolsa (2000-2003), Pactual Capital Corporation (2003-2006), J.P. Morgan (2010-2015), and UBS (2016-2023), until he joined StoneX along with De Bettio, according to his Finra profile.
Jaime De Bettio first worked in Brazil and arrived in Miami in 2010 to join Morgan Stanley, where he served as Associate Director between 2013 and 2018. He later joined UBS, where he held the position of Vice President of Wealth Management until 2023, when he was recruited by StoneX.
