PVD

Type: Public
On the web: http://www.bbvaprovida.cl
Employees: 1,665
Employee growth: 4.0%

Administradora de Fondos de Pensiones Provida (aka BBVA Provida) has a green thumb when it comes to growing pensions -- it is the largest private pension funds management company (AFP) in Latin America with approximately $35 billion in assets under management. (Chile's social security system was privatized in 1981, and workers are now required to pay into AFPs.) The company has more than 3 million customers and more than 120 offices throughout the nation; it controls nearly a third of the pension fund market in Chile. Spanish banking behemoth BBVA owns a majority of BBVA Provida.

Key numbers for fiscal year ending December, 2008:
Sales: $273.2M
One year growth: (27.2%)
Net income: ($16.6)M

Officers:
Chairman: Joaquin V. Ruiz-Tagle
CEO: Ricardo Rodriguez Marengo
COO: Eduardo Vidal Pérez

Competitors:
Banamex
Banco de Chile
Banco Santander Chile

PVD can refer to:

• Para visual display, equipment fitted to some aircraft which provides runway centreline guidance
• PVD ATCT, an FAA Air Traffic Control facility in Providence, RI
• IATA code for T. F. Green Airport, Warwick, Rhode Island
• Peripheral vascular disease
• Physical vapor deposition
• Posterior vitreous detachment
• Paul van Dyk, trance DJ and producer

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