Competitiveness in Latin America

How to close the gap with the developed world

Latin American companies have to compete globally. They need to be more productive, more efficient, and more effective. If Latin America has both resources and a sizable domestic market in its favor, what has been holding it back?

We want to take the discussion forward and explore this and other factors that might deter development, what are their causes and how to overcome them. Some issues and topics on this:

  • Why Latin America shows lower productivity than developed countries
  • Structural reforms to reduce the productivity gap
    • Educational policies with meaningful, long-term impact
    • What best practices and benchmarks are needed
    • How to take forward the standardization of processes
  • Impact of Family owned vs. publicly owned companies
  • Access to financing of capital markets
  • Development of Corporate Governance laws and regulations



Managing Director at Visagio Consulting


Former Chairman at Shell and director at Accenture



Managing Director and Global Head, Real Estate group at Credit Suisse

Luis Fernando Lopes

Chief Economist at Patria Investimentos



Former director at BlackRock Latin American Investment Trust

Mediator: Richard Lapper

Principal of FT Confidential, and Latam Confidential, Financial Times


more about the panelists


Mr. Uehara is the Managing Director at Visagio, a Global Supply Chain Management Consultancy with its roots in Brazil. He is leading the international growth of the company in EMEA. Leonardo is the Practice Partner in Supply Chain Transformation, having led more than 30 supply chain projects in the past four years. Visagio has established offices in London, Perth, Moscow, Istanbul, and Sao Paulo since its foundation 11 years ago. 

He holds an MBA from the London Business School and B.Sc. in Industrial Engineering. 



Mr. Moody-Stuart was Chairman of Anglo American plc from 2002-2009 and of Royal Dutch/Shell from 1998-2001.

Currently he is Chairman of Hermes Equity Ownership Services, director of Saudi Aramco, Board Member of Accenture, Vice-Chairman of the UN Global Compact, and chairman of the Global Compact Foundation and the Innovative Vector Control Consortium

Previously, he was a Director of HSBC Holdings plca nd co-Chair of the G8 Task Force on Renewable Energy.

Sir Mark Moody-Stuart became a Knight Commander of the Order of St. Michael and St George in June 2000. Additionally he was awareded several medals and Honorary Fellowships and Doctorates.



Mr. Wenceslao Bunge is Global Co­-Head of the Real Estate Group, based in London. Prior to his current role he was Co-­Head of TMT and Consumer, Retail and Healthcare Group for EMEA. Prior to that, Mr. Bunge was a Director in the M&A Group focused in Southern Europe and Cross Border M&A and Latin American transactions. Prior to that, Mr. Bunge worked in Sao Paulo, Brazil, covering a variety of sectors. Prior to that, Mr. Bunge worked in the Latin America Group, based in New York, for two years.

Before joining Credit Suisse, Mr. Bunge worked and Bunge & Born for five years based in Buenos Aires, Argentina.

Mr. Bunge holds a degree in Business Administration from Universidad de Buenos Aires. 



Luis Fernando Lopes is head economist at Patria Investimentos. He produces strategic analysis and investment recommendations with a focus on Brazil & Latin America for Patria and its foreign partner Blackstone. . From 2011 to 2013 he led Patria Investments UK in London, where he also developed investor relationship activities. From 2003 to 2010 he set up the Capital Management division at Patria to manage domestic liquid funds. From 1997 to 2003 Mr. Lopes was the chief country economist at Banco Patrimonio/Salomon Brothers, Chase Securities and JP Morgan Chase.

He graduated in Economics Summa cum laude and holds a Master's Degree Magna cum laude from University of Sao Paulo.



Mr. Desmond O’Conor has spent almost all his working life connected with Latin America and has in business terms been active at one time or another in almost every country in the region. He has assumed executive roles at the Bank of London & South America, J. Henry Schroder Wagg & Co. Limited, Adela Investment Company, Schroder Monteiro Aranha and Kleinwort Benson Limited, doing business in Guatemala, Brazil, Chile, Colombia and Argentina. Additionally, Mr. O’Conor has been a non executive director of BlackRock Latin America Investment Trust and of Antofagasta plc.



Richard Lapper is principal of FT Confidential, the FT’s emerging markets research service for investors. Richard is also principal of Latam Confidential (available on subscription at Mr. Lapper has worked with the Financial Times newspaper since 1990. He was Latin America Editor (1998-2008) and subsequently spent a two year spell in Johannesburg as the newspaper’s Southern Africa bureau chief. He was previously insurance correspondent (1990-1994), capital markets editor (1994-1997) and financial news editor (1997-98). Richard previously worked for a range of publications including Latin America Newsletter and the Economist Intelligence Unit. He graduated from Liverpool University in 1974. Richard is fluent in Spanish and Portuguese and has lived and worked in Brazil and Central America