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Odebrecht, Sarmiento Win Bravo Awards

CEOs of Odebrecht, Grupo Aval and Globant among 2011 BRAVO Business Awards winners.


Marcelo Odebrecht, CEO of Brazilian construction giant Odebrecht; Luis Carlos Sarmiento Gutierrez, CEO of Colombian financial group Grupo Aval and Martin Migoya, CEO of Argentine software company Globant, are among the winners of this year’s BRAVO Business Awards from Latin Trade magazine.


“Since taking the helm of the Brazilian firm, Odebrecht has expanded operations in Brazil and expanded into new ventures in an international strategy involving engineering and construction projects around the world,” Latin Trade says in a press release. 


Odebrecht’s revenues last year jumped 38.3 percent to $32.3 billion, making it the 8th-largest company on the Latin 500 ranking from Latin Business Chronicle and Latin Trade. Odebrecht was named CEO of the Year.


Grupo Aval is Colombia’s biggest financial holding company. It holds stakes in four Colombian banks, including Banco de Bogota, pension fund Porvenir SA and Leasing de Occidente SA. Last year it acquired the Central America-based bank BAC-Credomatic, from US-based General Electric for $1.9 billion.

Stepping up to a leadership role in the financial group, Sarmiento has been on the move, both helping to oversee the acquisition of a Central American banking group and shepherding a recent stock sale in
Colombia,” the press release says. Sarmiento was named Dynamic CEO of the Year.


Meanwhile, Migoya has been named Emerging CEO of the Year. Globant is on track to rise 68 percent this year to $94 million. As co-founder and now chief executive of Globant, Migoya has turned the Argentine software developer into a fast-growing company. He led the recent acquisition of the San Francisco-headquartered Nextive, expanding Globant’s portfolio of services and international footprint,” Latin Trade says.

The three
CEO’s will be awarded at a black tie event along with the other winners of BRAVO this year: Dominican President Leonel Fernandez, Mexican Central Bank Governor Agustin Carstens, Panama Canal Administrator Alberto Aleman, Chilean Public Works Minister Laurence Golborne and Worldfund founder Luane Zurlo.


The BRAVO Business Awards Black Tie Gala will be held at the Four Seasons Hotel in Miami on October 28, 2011. The awards ceremony takes place in conjunction with the  Latin Trade Symposium, a leading pan-regional conference for the public and private sectors, organized in partnership with the Inter-American Development Bank and the Americas Society/Council of the Americas

Latin Trade is a sister publication of Latin Business Chronicle. Both are published by the Latin Trade Group.

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