Igor Cornelsen was born in Curitiba, Brazil on October 4th, 1947. At the age of 18, he attended the Federal University of Parana, the only university in the state, to pursue an engineering course through a very vigorous admission protocol. While in the second year, he sought to switch to economics at the same university. He graduated in 1970 and started his career at an investment bank. During that time, computers and calculators were not common and the slide rule technique applied in engineering was used to calculate compounded interests.
He rose through in the banking industry and ended up in Rio to work for Multibanco. His hard work was recognized and was promoted to the board of directors of the bank in 1974. He later became the CEO of the same institution two years later. As fate would have it, the bank was acquired by the Bank of America two years later and Igor left to follow other interests. He landed a position in Unibanco Bank where he stayed until the inflation of 1985. He then moved to Libra Bank which was a subsidiary of London Merchant Bank. The move was a turning point of his career because it opened new opportunities. Igor Cornelsen continued with determination and was later appointed as a member of the board of directors and representative of Standard Chartered Merchant Bank in Brazil. After a successful career at the bank, he left to start an investment firm.
Bringing ideas to life
The idea of staring an investment firm arose from the immense experience he had acquired as an investment banker. Although he had experience from different areas of the banking industry, he was mostly involved in managing funds in stock markets. His firm excelled because of making the right decisions. For instance, he follows and invests in economies that are improving especially in countries with a good political will and positive economic outlook.
Advice to budding entrepreneurs
The best advice to pass on to the younger generation is to acquire information through reading. Young people aspiring to make it in the industry should listen less to the options of other participants. Finally, young people should perceive the world as a whole and learn how world news affects markets.