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Biography

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Carlos Budge Carvallo
Executive Vice President of Asset Management Area

Mr. Budge is Executive Vice President of the Asset Management Area, with Assets under Management of US$ 5 billion. Mr. Budge joined Grupo Security in 2002 and oversees fund management and distribution; international funds distribution to institutional investors, and supervision of the securitization business. In addition, Mr. Budge provides advisory services in relation to capital markets and the brokerage business, among other activities. He is also member of the boards of Administradora General de Fondos Security, Securitizadora Security and Asesorías Security.

Prior to joining Grupo Security he was CFO at Banco BICE. Mr. Budge has been member of the board of the Chilean Mutual Fund Association (Asociación de Administradoras de Fondos Mutuos) and Vice President of the Finance Committee of the Chilean Association of Banks and Financial Institutions (Asociación de Bancos e Instituciones Financieras).

Mr. Budge has B.S. and M.S. degrees in Agricultural Economics from Pontificia Universidad Católica de Chile. He also holds an M.A. and a Ph.D. in Applied Economics from Stanford University.