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  September 5, 2001
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Home > Company Index > Financial Services > Asset Management > Administradora de Fondos de Pensiones Provida S.A.

Administradora de Fondos de Pensiones Provida S.A.
NYSE: PVD
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 PROFILE
Administradora de Fondos de Pensiones Provida (AFP Provida) has a green thumb when it comes to growing pensions -- it is the largest private pension fund management company (AFP) in Chile. (The country's social security system was privatized in 1981, and Chilean workers are now required to pay into AFPs.) In an effort to expand beyond its role as a one-country AFP, Provida has established partially-owned subsidiaries in Colombia, Peru, Ecuador, El Salvador, and Mexico. Provida, along with other holdings of international consortium Corp. Group of Chile, is being purchased by Banco Bilbao Vizcaya Argentaria.

 COMPETITION
Aetna Inc. (AET)
Banco Santander-Chile (BSB)
Citigroup Inc. (C)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.20
1-Yr. Sales Growth: (99.9)%
Employees: 4,486
Revenue per employee: $44.58

 KEY PEOPLE
• Gustavo Alcalde Lemarie
    CEO
• Salvador Milan Alcaraz
    CFO

 CONTACT INFO
Avenida Pedro de Valdivia 100, Torre Provida
Santiago, Chile
Phone: 56-2-697-0040
Fax: 56-2-363-1993
Online: Web Site

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