Sevilla-Sacasa was latterly interim dean of the School of Business Administration at the University of Miami. Before that, she was president of US Trust, Bank of America Private Wealth Management. She served as chief executive of US Trust Company when Bank of America acquired the firm in 2007. Earlier in her career, she worked for Citigroup and Deutsche Bank.

In her new role, Sevilla-Sacasa will be based in Miami, FL and will spearhead the private bank’s expansion plans in Latin America outside of Brazil, the firm said in a statement.

The international private banking firm’s parent, Itaú Unibanco, has a presence in 21 countries with a strong focus on Latin America, and $90 billion in private banking assets under management.