Carlos Abumohor Touma (1921–2010) was a successful

Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...

an of Palestinian descent, businessman and

investor An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of pr ...

who was involved in a number of

financial Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...

activities in the development of the Chilean

banking A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

media Media may refer to: Communication * Means of communication, tools and channels used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Interactive media, media that is inter ...

and real estate sectors. Abumohor owned a controlling interest in Chile's second largest media conglomerate, Consorcio Periodístico de Chile S.A. (

Copesa Copesa (Consorcio Periodístico de Chile) is one of the more important Chilean media conglomerates. Copesa is controlled by Álvaro Saieh, a Chilean business man. Overview Copesa was launched during the mid-1950s by the wealthy Pico-Cañas f ...

). He had been the

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

for one of Chile's largest private banking institutions, Corpbanca S.A., since June 18, 1996. He was chairman for Banco Osorno as well as several other major Chilean companies. Shortly after, in 1997, came the purchase and management of Banco Concepción, today Corpbanca, which was bought by the New Zealand company Manuka, for which they paid 80 million dollars. In 2009, he assumed the position of honorary president. Apart from that, Carlos Abumohor shared some of his businesses with his brothers Nicolás with the holding San Nicolás y René (with stakes in Parque Arauco and Corp Group) but also made moves of his own. In 1999, the family split the businesses and Carlos was left with Hilanderías Maisa and Industrias Saionara. He also had a business venture in the fishing business with the company Chilesan, which exports mainly to the Asian continent.

Notes

Chilean businesspeople Chilean people of Palestinian descent Chilean bankers 1921 births Palestinian investors Palestinian bankers Palestinian accountants Palestinian stockbrokers Palestinian financial analysts 2010 deaths {{Chile-business-bio-stub