Brazil’s XP ranked among best nonbank financial institutions in Latin America

RIO DE JANEIRO, BRAZIL – In its first year as a publicly traded company (Nasdaq), XP was elected one of the best financial institutions in Latin America by the North-American publication Institutional Investor.

The company competed in the “Nonbank” segment, which excludes large traditional banks, and was present in all 9 award categories.

XP won 2nd place in the overall classification and 1st position in ESG, IR Events and IR Professional (André Martins, head of investor relations at XP). The company also came 2nd in the IR Program, IR Team and Crisis Management – Covid 19 categories.

XP’s founder Guilherme Benchimol, executive chairman of the Board of Directors, and partner and CFO Bruno Constantino won 2nd places in the CEO and CFO categories, respectively.

“We competed in a segment with some of the most innovative players in the financial market, and we stood out by being in the top 3 in all categories. It’s a confirmation that the market recognizes us not only as a innovative company, but also as one with a high standard of governance and transparency in its communications,” Bruno Constantino points out.

About the ranking

To form the ranking methodology, the 2021 America Institutional Investor Executive Team interviewed buy-side analysts, money managers, and sell-side researchers at brokerage houses and financial institutions covering the region, including those who cast and received votes this year.

The survey results reflect the opinions of 604 investment professionals at 308 financial services companies. This was the first time XP Inc. took part in the awards.

Recent Awards

In April, XP was elected the best Investment Advisor for the 3rd consecutive year in the “Best of São Paulo – Services 2021” awards, conducted by Folha de S. Paulo magazine. In May, XP was named the only Brazilian company awarded in a global client experience event, by the Customer Centricity World Series.

In addition, XP was also recognized by Interbrand as one of the 10 most valuable brands in Brazil and also won the Top of Mind award by Folha de S. Paulo in the Investment Advisory category, and the Reclame Aqui award as the best Investment Advisory.

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