Founder Profile
Alfredo Egydio de Souza Aranha
Last reviewed: October 2026 · By Swet Parvadiya
Who is Alfredo Egydio de Souza Aranha?
Alfredo Egydio de Souza Aranha is a founder of Itaú Unibanco Holding S.A., which was founded in 2008 with João Moreira Salles.
- Company founded
- Itaú Unibanco Holding S.A.
- Founded
- 2008
- Co-founders
- João Moreira Salles
Background
A São Paulo businessman with commercial and industrial interests, he entered banking in the 1940s during Brazil's early industrialization.
Founding Story
Alfredo Egydio de Souza Aranha was a São Paulo businessman who founded Banco Central de Crédito in 1943; its first branches opened in 1945. The bank grew through a series of mergers, including the 1964 combination with Banco Itaú of Itaú de Minas, and adopted the Banco Itaú name in 1973. His nephew Olavo Setubal later led the bank for decades, and the Egydio de Souza Aranha, Setubal and Villela families still exercise control through the holding company Itaúsa. (Exact birth year remains publicly undisclosed).
Sources
This profile does not yet cite a source specific to Alfredo Egydio de Souza Aranha. The sources below document the company company rather than the person, so check them against the claims above.
- Itaú Unibanco FY2025 Form 20-F (Itaú Unibanco Holding S.A.)
- Itaú Unibanco Investor Relations (Itaú Unibanco Holding S.A.)