Global CFO Excellence Awards 2020

10 Acquisition International - Global CFO Excellence Awards 2020 which is iFood controlling shareholder) to join the team. Since taking over as CFO at iFood, I have been awarded as Young CFO of the Year 2019 - South America and now Best Emerging FoodTech CFO 2020 - South America.” Making sure everyone in the organisation understands the aims of the business is a fundamental part of Diego’s responsibilities. Moreover, as he goes on to explain, his leadership ability has had a positive impact on team members. Diego is mostly recognised for his transformational leadership due to his ability to motivate and inspire followers, and to direct positive changes in groups. As an emotionally intelligent, energetic, and passionate person, he is not only committed to helping the organisation achieve its goals, but also committed to helping group members fulfil their potential. Finally, Diego comments on the current state of the FoodTech industry and outlines the future plans of the business. “Global FoodTech opportunities are massive and far greater than imagined just a few years ago. In Brazil alone the food service segment sells US$42 billion per year and the whole food market, including supermarkets, sales are US$128 billion. However, this market has yet to be fully addressed by technology and there are enormous opportunities for disruption. While iFood is the online food delivery market leader and is growing steadily, its order volume is still just a drop in the ocean of the over 15 billion meal occasions in Brazil each month. “As a FoodTech company, our aim is to have a substantial impact on Latin American society and the world, optimising the food ecosystem and making life better for millions of people through better, faster and cheaper food. Going forward, if we can further increase our number of customers and remain at the forefront of any technological developments, we will remain on track to achieve our goals for 2020 and beyond.” Mar20404 Company Name: iFood Contact Name: Diego Barreto Web Address: www.ifood.com.br ince inception, iFood has achieved phenomenal success, helping to revolutionise the universe of food for a more practical and pleasurable life. As a starter, Diego provides us with a brief overview of the firm and the clientele it typically serves. “Today, iFood offers customers a platform with the widest restaurant choice on the market which also provides partners with the most effective platform to allow them to reach more customers via delivery. Currently, we have processed more than 30 million monthly orders through over 150,000 active restaurants in more than 1,000 cities. Seeking to offer a unique solution via artificial intelligence, we are committed to innovation, focusing our efforts on customer discovery, demand prediction, mapping, logistics, and other areas to unlock opportunities for consumers, restaurants and drivers.” As one of the biggest internet companies in LatAm, iFood’s platform offers consumers the widest selection of meal options whenever and wherever they want to eat. In the space of nine years, iFood have become the leading FoodTech company in Latin America, and as Diego goes on to explain, a number of factors have supported the firm’s growth. “As a FoodTech platform, our growth can be attributed to a combination of high-frequency transactions, excellence in technology, artificial intelligence, amazing people and ongoing investments in innovation. “Collectively we have worked hard to create capabilities to connect and coordinate the food value chain, relying heavily on machine learning technology to achieve scale and manage complexity. Only with these elements can a company entirely change the global food value chain, and as such this will remain the core focus for the entire iFood team over the coming years.” Since joining the company in 2018, Diego has led the largest venture capital capital deployment (USD 500 million) in Brazil, with iFood processing millions of orders per month. However, as he goes on to explain, the vast experience he has gained in previous positions has held him in good stead as CFO of iFood today. “Initially, I was interested in law having achieved a law degree in 2007. However, after almost three years at Mattos Filho Law Firm, I changed my career path, taking up new positions in finance and strategy. In 2011, I became one of the youngest finance directors in South America, managing more than three billion USD revenues, equity and debt public offerings as well as large M&A’s throughout the world. After being admitted by IMD Business School, I then achieved my MBA degree in 2014. In 2016, I decided to move into the new economy, where I was invited by Movile (tech venture capital company, S Established in 2011, iFood is the largest FoodTech company in Latin America, with stakes in businesses across Brazil, Mexico and Colombia. Following on from his success in the Global CFO Excellence Awards 2020, we got in touch with Diego Barreto to find out more. Best Emerging FoodTech CFO 2020 (South America): Diego Barreto