RIO DE JANEIRO, June 25, 2024 (GLOBE NEWSWIRE) -- The inaugural three-day Latin
America FII PRIORITY Summit, powered by FII Institute, commenced on Tuesday at
the Copacabana Palace Hotel in Rio de Janeiro. Convening global officials, along
with business leaders from various sectors, the event will tackle pressing
issues under the theme "Invest in Dignity." The Summit welcomed over 1,500
delegates, who attended 66 sessions featuring more than 190 speakers.
The opening ceremony included remarks by the CEO of FII Institute, Richard
Attias; His Excellency Yasir Al-Rumayyan, Governor of the Public Investment
Fund, Chairman of Saudi ARAMCO, and Chairman of the Board of FII Institute; and
the President of the Republic of Brazil, His Excellency Luiz Inácio Lula da
Silva.
In his opening remarks, Attias said, "Today, we gather with a shared mission: to
invest in dignity. Dignity is not just a concept; it is a fundamental human
right that should be accessible to every individual, regardless of their
background, economic status, or social standing." He added, "In this room, we
have the collective power to drive meaningful change. Our collaboration,
innovation, and determination can transform lives and communities."
A fireside chat with Al-Rumayyan highlighted the rising role of Brazil in global
investment and economic growth. "There are 12,000 new start-ups, and 12 or 16
unicorns were created here. The potential in Brazil is really big," he said.
When asked about why FII Institute brought the summit to Rio, His Excellency
said, "Why did we host the FII in Rio? The question is: Why not? This is one of
the greatest cities not only in Brazil, but the world. At the same time, we will
have the G20 and COP30."
For his part, President Lula said, "We all want to make the world capable of
welcoming all its inhabitants with dignity-and not just a privileged minority."
The President also highlighted Brazil's evolving economic and investment
landscapes, saying, "The choice to host FII in Rio shows that this is a sign of
trust in our country from over 1,000 participants. I'm here to show that Brazil
is worthy of this trust."
The Summit's flagship Board of Changemakers session featured several notable
speakers, including H.R.H. Ambassador Reema Bandar Al-Saud, the Saudi Ambassador
to the United States; Magda Chambriard of Petrobras; Marcelo Claure of Claure
Group and SHEIN; Bernard Mensah of Bank of America and MLI; Secretary Mike
Pompeo, 70th Secretary of State of the United States and Executive Chairman of
Impact Investments; and Sir Martin Sorrell of S4 Capital Group.
During the session, Princess Reema stressed the importance of dignity as a
collective responsibility, further underscoring the theme of the summit. She
said, "We all have a responsibility for the way we speak, think, and engage with
people. Dignity is an individual concept, but it is a collective
responsibility." For her part, Ms. Chambriard noted Brazil's role in the broader
global context in maintaining citizen dignity, saying, "The idea is to exercise
the power of using all the Brazilian resources and investing based on the
respect of the Brazilian society."
Visionary Brazilian entrepreneur and media personality Luciano Huck and Cecilia
Attias, who is Senior VP of Public Affairs and Board Member, RA&A, and Founder
and President of the Cecilia Attias Foundation for Women, covered the
intersection of media, politics, and responsibility towards both. During the
Titan of Industry session, Huck stressed that "The privilege of speaking to 35
million people on global TV is the freedom of speech. I do not treat it as
power, but a tremendous responsibility."
Executives from Goldman Sachs, Franklin Templeton, Morgan Stanley, and Patria
Investments set the tone for the rest of the day in a session tackling global
market volatility and disruptions and the impact on investors. Exploring a range
of approaches, from backing national champions to diversifying across asset
classes, the discussion centred on ways to build resilient portfolios, with key
insights shared by prominent industry leaders.
Among the notable announcements of the first day of FII PRIORITY Rio de Janeiro,
Richard Attias, CEO of FII Institute, announced the Institute's latest flagship
initiative, FII Institute TV. Set to launch fully in the coming months, FII
Institute TV is a 24/7 platform offering enhanced content curation, in-depth
interviews with global leaders, and expert analysis.
Furthermore, FII Institute's strategic partner, THIQAH, made a significant
announcement for BRICS+ countries, launching their "Certificate of Origin"
platform in Brazil in collaboration with CICIBAS. The platform enables exporters
and manufacturers to issue and track the status of certificates of origin for
manufactured products through a single electronic platform, contributing to a
transformation in the commercial and industrial sectors.
E-mail: media@fii-institute.org
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/13c76081-cfa1-42b5-af6f-
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