How Igor Cornelsen Found Success As An Investor

Igor Cornelsen is a retired investment banker. He was born in Curitiba, Brazil and in 1965 he started attending the Federal University of Parana. He wanted to become an engineer and this university was the only one that taught this subject in his home state. In his junior year, though, he decided he was more interested in financial matters than engineering and so he switched his major to economics.

It was in 1970 that he graduated from the Federal University of Parana. He found a job right away at a local investment bank. Igor Cornelsen says that his engineering background was really helpful in getting this job because he could quickly and easily figure out compounded interest rates using a sliding ruler, recalling that back then just about nobody had calculators let alone computers. Follow Igor Cornelsen on Twitter.

After achieving a high degree of success he moved to Rio and ended up earning a seat on Multibanco’s board of directors at first and then becoming the chief executive officer two years after that. He recalls that it was in 1978 he decided to join Unibanco which at the time was one of the most successful investments firms in Brazil.

The biggest break of Igor Cornelsen’s professional career occurred in 1985 when he joined Libra Bank PLC. Because this firm was a London Merchant Bank he went from being paid in Brazilian currency to instead getting paid in American dollars. This was huge for him, he says, because it allowed him to start investing his personal funds internationally. He started to invest in European companies as well as some in America.

Igor Cornelsen now splits his time between a home in Brazil and one he owns in Southern Florida. He says that he chose Florida because it has a large number of golf courses and that is by far his favorite hobby. He also likes that the weather there allows him to play all year long. He also says that even though he is “officially” retired he also does work as a consultant from time to time where he shares his knowledge with executives in the banking industry. See more: https://angel.co/igorcornelsen1

 

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